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EXHIBIT 10.7

                                     WARRANT

THIS WARRANT AND THE SECURITIES PURCHASABLE HEREUNDER HAVE NOT BEEN REGISTERED
UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR UNDER
ANY APPLICABLE STATE SECURITIES LAWS, AND MAY NOT BE SOLD OR OTHERWISE
TRANSFERRED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER THE
SECURITIES ACT OR SUCH APPLICABLE STATE SECURITIES LAWS, UNLESS THE PROPOSED
TRANSFER MAY BE EFFECTED WITHOUT REGISTRATION UNDER THE SECURITIES ACT OR
REGISTRATION OR QUALIFICATION UNDER APPLICABLE STATE SECURITIES LAWS.

                           GLOBAL RESOURCE CORPORATION
                                     WARRANT

No. ___                                                        December 21, 2007

     THIS CERTIFIES that, for value received, PROFESSIONAL OFFSHORE OPPORTUNITY
FUND LTD., or its permitted assigns (the "Holder"), shall be entitled to
subscribe for and purchase from GLOBAL RESOURCE CORPORATION, a Nevada
corporation (the "Corporation"), Six Hundred Twenty Five Thousand (625,000)
shares (subject to adjustment as provided herein, the "Warrant Shares") of the
Corporation's Common Stock at the exercise price determined below (the "Exercise
Price" or the "Exercise Price Per Share") for each Warrant Share, during the
Exercise Period (as defined in Section 1), pursuant to the terms and subject to
the conditions of this Warrant. Certain terms used in this Warrant are defined
in Section 4. The Corporation represents and warrants that the Warrant Shares,
if issued on the date of this Warrant, would represent 0.55% of the
Corporation's issued and outstanding shares of Common Stock. The Exercise Price
or the Exercise Price Per Share shall be $1.50, in all events subject to further
adjustment as provided herein.

     As used herein, the term "Common Stock" shall mean (i) the class of stock
designated above or (ii) any other class of stock resulting from successive
changes or reclassifications of such Common Stock consisting solely of changes
in par value, or from par value to no par value or from no par value to par
value. In the event the Corporation shall, after the date hereof, issue
securities of greater or superior voting rights than the shares of Common Stock
outstanding as of the date hereof, the Holder, at its option, may receive upon
exercise of any Warrant either Common Stock or a like number of such securities
with greater or superior voting rights.

     Notwithstanding the provisions of this Warrant, in no event (except (i) as
specifically provided in the Warrant as an exception to this provision, (ii)
during the forty-five (45) day period prior to the expiration of the Exercise
Period, or (iii) while there is outstanding a tender offer for any or all of the
shares of the Corporation's Common Stock) shall the Holder be entitled to
exercise this Warrant, or the Corporation have the obligation to issue shares
upon such exercise of all or any portion of this Warrant to the extent that,
after such exercise the sum of (1) the number of shares of Common Stock
beneficially owned by the Holder and its Affiliates (other than shares of Common
Stock which may be deemed beneficially owned through ownership of the
unexercised portion of the Warrants or other right to purchase Common Stock or

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through the ownership of the unconverted portion of convertible securities), and
(2) the number of shares of Common Stock issuable upon the exercise of the
Warrants with respect to which the determination of the proviso is being made,
would result in beneficial ownership by the Holder and its Affiliates of more
than 4.99% of the outstanding shares of Common Stock (after taking into account
the shares to be issued to the Holder upon such exercise). For purposes of the
proviso to the immediately preceding sentence, beneficial ownership shall be
determined in accordance with Section 12(d) of the Securities Exchange Act of
1934, as amended except as otherwise provided in clause (1) of such sentence.

     Section 1. Exercise Period.

     This Warrant may be exercised in whole or in part by the Holder at any time
after the date hereof until 5:00 p.m. Eastern Time on December 21, 2012 (such
period being herein referred to as the "Exercise Period"). The Corporation
agrees to use reasonable efforts to mail to the original Holder by certified
mail, return receipt requested, notice of the expiration date of this Warrant,
no later than 15 days prior to such date, but failure to provide notice will not
extend the Exercise Period.

     Section 2. Exercise of Warrant.

     (a) The rights represented by this Warrant may be exercised, in whole or in
any part (but not as to a fractional share of Common Stock), by (i) the
surrender of this Warrant (properly endorsed) at the principal office of the
Corporation at Bloomfield Business Park, 408 Bloomfield Dr. Unit 3, West Berlin,
New Jersey 08091 (or at such other agency or office of the Corporation in the
United States of America as it may designate by notice in writing to the Holder
at the address of the Holder appearing on the books of the Corporation), (ii)
delivery to the Corporation of a notice of election to exercise in the form of
Exhibit A, and (iii) either (a) payment to the Corporation by cash, wire
transfer funds or check in an amount equal to the then applicable Exercise Price
Per Share multiplied by the number of Warrant Shares then being purchased, or,
(b) alternatively, in the event that a registration statement filed under the
Securities Act of 1933, as amended, covering the Common Stock issuable upon
exercise of this Warrant is not effective on or before June 30, 2008, and for so
long as any such registration statement remains not effective, the Holder may
exercise its right during the Exercise Period to receive Warrant Shares on a net
basis such that, without any payment of funds by the Holder, the Holder receives
that number of Warrant Shares otherwise issuable upon exercise of its Warrants
less the number of Warrant Shares having an aggregate Market Price at the time
of exercise equal to the aggregate Exercise Price Per Share that would otherwise
have been payable by the Holder of all such Warrant Shares.

     (b) Each date on which this Warrant is surrendered and on which payment of
the Exercise Price is made in accordance with Section 2(a) above is referred to
as an "Exercise Date." Simultaneously with each exercise, the Corporation shall
issue and deliver a certificate or certificates for the Warrant Shares being
purchased pursuant to such exercise, registered in the name of the Holder or the
Holder's designee, to such Holder or designee, as the case may be. If such
exercise shall not have been for the full number of the Warrant Shares, then the
Corporation shall issue and deliver to the Holder a new Warrant, registered in
the name of the Holder, of like tenor to this Warrant, for the balance of the
Warrant Shares.

     (c) The person in whose name any certificate for shares of Common Stock is
issued or issuable upon any exercise shall for all purposes be deemed to have
become the holder of record of such shares as of the Exercise Date. The

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Corporation shall pay all documentary, stamp or other transactional taxes
attributable to the issuance or delivery of shares of Common Stock upon exercise
of all or any part of this Warrant; provided, however, that the Corporation
shall not be required to pay taxes which may be payable in respect of any
transfer involved in the issuance or delivery of any certificate for such shares
in a name other than that of the Holder to the extent such taxes would exceed
the taxes otherwise payable if such certificate had been issued to the Holder.

     No fractional shares of Common Stock will be issued in connection with any
exercise hereunder, but in lieu of such fractional shares, the Corporation shall
make a cash payment therefor equal in amount to the product of the applicable
fraction multiplied by the current Market Price per share of Common Stock.

     (d) This Warrant and the Warrant Shares are covered by and are entitled to
the benefits of that certain Registration Rights Agreement dated the date hereof
between the Corporation and the Holder.

     Section 3. Antidilution Provisions. The number of shares of Common Stock
purchasable on exercise of this Warrant and payment of the Exercise Price shall
be subject to adjustment from time to time as provided in this Section 3:

     (a) Issuance of Additional Common Stock. If the Corporation, at any time or
from time to time after the date of this Warrant, shall issue, sell, grant, or
shall fix a record date for the determination of holders of any class of
securities entitled to receive, shares of Common Stock, whether in a direct
issuance of Common Stock or through the exercise or conversion of any
convertible security, warrant, option, note or other instrument, at a price per
share that is less than the Exercise Price on the date the Corporation fixes the
offering price of such additional shares of Common Stock (a "Dilutive Issuance")
then the Exercise Price shall be reduced as of such date, to a price equal to
the lowest price per share received or to be received by the Corporation in such
Dilutive Issuance, and if no such price is specified, such price shall be deemed
to be $1.00.

     (b) Treatment of Options and Convertible Securities. If the Corporation, at
any time or from time to time after the date of this Warrant, shall issue, sell,
grant or assume, or shall fix a record date for the determination of holders of
any class of securities entitled to receive, any Options (defined below) or
Convertible Securities (defined below), then, and in each such case, the maximum
number of shares of Common Stock (as set forth in the instrument relating
thereto, without regard to any provisions contained therein for a subsequent
adjustment of such number and whether or not the right to convert or exchange or
exercise is immediate or conditioned upon the passage of time, the occurrence or
non-occurrence of some event or otherwise) issuable upon the exercise of such
Options or, in the case of Convertible Securities and options therefor, the
conversion or exchange of such Convertible Securities, shall be deemed to be
shares of Common Stock issued and consequently give rise to adjustment as, and
to the extent, provided in paragraph (a) as of the time of such issue, sale,
grant or assumption or, in case such a record date shall have been fixed, as of
the close of business on such record date; provided that, in each such case no
further adjustment to the Exercise Price shall be made upon the subsequent issue
or sale of shares of Common Stock upon the exercise of such Options or the
conversion or exchange of such Convertible Securities.

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     (c) Change in Capital Stock. If the Corporation (i) pays a dividend or
makes a distribution on its Common Stock in shares of its Common Stock, (ii)
subdivides its outstanding shares of Common Stock into a greater number of
shares, (iii) combines its outstanding shares of Common Stock into a smaller
number of shares, or (iv) issues by reclassification of its Common Stock any
shares of its capital stock, then in each case the Exercise Price in effect
immediately prior to such action shall be proportionately adjusted so that the
Holder of any Warrant exercised thereafter may receive the aggregate number and
kind of shares of capital stock of the Corporation which he would have owned
immediately following such action if such Warrant had been exercised immediately
prior to such action.

     The adjustment as provided in this paragraph (c) shall become effective
immediately after the record date in the case of a dividend or distribution and
immediately after the effective date in the case of a subdivision, combination
or reclassification. If after an adjustment, a Holder of a Warrant, upon its
exercise, may receive shares of two or more classes of capital stock of the
Corporation, the Corporation shall determine the allocation of the adjusted
Exercise Price between the classes of capital stock. After such allocation, the
exercise privilege and the exercise price of each such class of capital stock
shall thereafter be subject to adjustment on terms comparable to those
applicable to Common Stock in this Section 3.

     (d) Dilution in Case of Other Securities. In case any Other Securities (as
defined in Section 4) shall be issued or sold or shall become subject to issue
or sale upon the conversion or exchange of any securities of the Corporation or
to subscription, purchase or other acquisition pursuant to any Options issued or
granted by the Corporation such as to dilute, on a basis to which the standards
established in the other provisions of this Section 3 are applicable, then, and
in each such case, the computations, adjustments and readjustments provided for
in this Section 3 shall be made as nearly as possible in the manner so provided
and applied to determine the amount of Other Securities from time to time
receivable upon the exercise of the Warrants, so as to protect the Holder
against the effect of such dilution.

     (e) Other Changes in Common Stock. If the Corporation shall be a party to
any Significant Corporate Event (as defined in section 4) in which the
previously outstanding shares of Common Stock shall be changed into or exchanged
for different securities of the Corporation or common stock or other securities
of another corporation or interests in a noncorporate entity or other property
(including cash) or any combination of any of the foregoing, as a condition of
the consummation of such Significant Corporate Event, lawful and adequate
provisions shall be made so that (1) the Holder, upon the exercise hereof at any
time prior to the date such Significant Corporate Event is consummated (the
"Consummation Date"), shall be entitled to receive, and this Warrant shall
thereafter represent the right to receive, in lieu of the Warrant Shares
issuable upon such exercise prior to the Consummation Date, the amount of
securities or other property to which the Holder would actually have been
entitled as a holder of Common Stock upon the consummation of such a Significant
Corporate Event if the Holder had exercised this Warrant immediately prior
thereto (subject to adjustments from and after the Consummation Date as nearly
equivalent as possible to the adjustments provided for in this Section 3), or
(2) in the case of a Significant Corporate Event in which the Corporation is not
the survivor, if so elected by the Holder, the Holder shall be entitled to
receive on the Consummation Date in cancellation of this Warrant, the amount of
securities or other property to which the Holder would actually have been
entitled as a holder of Common Stock upon consummation of such Significant
Corporate Event if the Holder had exercised this Warrant immediately prior
thereto and had paid the Exercise Price therefor.

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     Notwithstanding anything contained herein to the contrary, unless the
Holder makes an election under clause (2) above, the Corporation shall not
effect any Significant Corporate Event unless prior to the consummation thereof
each acquiring corporation or other person which may be required to deliver any
securities or other property upon the exercise of this Warrant shall assume, by
written instrument delivered to the Holder, the obligation to deliver to the
Holder such securities or other property to which, in accordance with the
foregoing provisions, the Holder may be entitled and an opinion of counsel
reasonably satisfactory, which opinion shall state that this Warrant, including,
without limitation, the exercise and anti-dilution provisions applicable to this
Warrant, if any, shall thereafter continue in full force and effect and shall be
enforceable against such acquiring corporation or other person in accordance
with the terms hereof.

     (f) Other Dividends or Other Distributions. If the Corporation declares a
dividend or other distribution upon its capital stock, other than a dividend
payable in shares of Common Stock, then the Corporation shall pay over to the
Holder, on the dividend payment date, the cash, stock or Other Securities and
other property which the Holder would have received if the Holder had exercised
this Warrant in full and had been the record holder of the Warrant Shares
represented by this Warrant on the date on which a record is taken for the
purpose of such dividend, or, if a record is not taken, the date as of which the
holders of such capital stock of record entitled to such dividend are to be
determined, provided that, in the case of a dividend consisting of stock or
securities (other than shares of Common Stock, Options or Convertible
Securities) or other property (except cash), the Holder may, at its option,
elect that instead, lawful and adequate provisions shall be made (including
without limitation any necessary reduction in the Exercise Price) whereby the
Holder shall thereafter have the right to receive, upon exercise of this Warrant
on the terms and conditions specified in this Warrant and in addition to the
Warrant Shares issuable upon such exercise, such shares of stock, securities or
property; provided, further, however, that the Holder in each such instance
shall not have the right to receive any such dividend or distribution unless and
until it exercises the conversion of the Warrant.

     (g) Adjustment of Number of Shares. Upon each adjustment in the Exercise
Price, the number of Warrant Shares purchasable hereunder shall be adjusted to
the nearest whole share to the product obtained by multiplying the number of
Warrant Shares purchasable immediately prior to such adjustment in the Exercise
Price by a fraction, the numerator of which shall be the Exercise Price
immediately prior to such adjustment and the denominator of which shall be the
Exercise Price immediately thereafter.

     (h) Notice of Adjustment. Whenever the Exercise Price or the number of
Warrant Shares for which this Warrant is exercisable shall be adjusted pursuant
to this Section 3, the Corporation shall deliver a certificate signed by its
chief financial officer to the Holder setting forth, in reasonable detail, the
event requiring the adjustment, the method by which adjustment was calculated
specifying the number of Warrant Shares for which this Warrant is now
exercisable, and any change in the Exercise Price.

     (i) Notice of Certain Corporate Action. In case the Corporation shall
propose to (1) pay any dividend or make any other distribution to the holders of
its capital stock, (2) offer to the holders of its capital stock rights to
subscribe for or to purchase shares of Common Stock or shares of any other class
of securities, rights or options, (3) effect any reclassification of its capital
stock, (4) effect any reorganization, or (5) effect any Significant Corporate
Event, then, in each such case, the Corporation shall give to the Holder a
notice of such proposed action, which shall specify the date on which a record

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is to be taken for the purposes of such dividend, distribution rights or vote,
or the date on which such reclassification, reorganization, or Significant
Corporate Event is to take place and the date of participation therein by the
holders of capital stock, if any such date is to be fixed and shall also set
forth such facts with respect thereto as shall be reasonably necessary to
indicate the effect of such action on the capital stock, if any, and the number
and kind of any other shares of capital stock which will comprise the Warrant
Shares, and the Exercise Price, after giving effect to any adjustment, if any,
which will be required by this Section 3 as a result of such action. Such notice
shall be so given in the case of any action covered by clause (1) or (2) above
at least 20 days prior to the record date for determining holders of the capital
stock for purposes of such action, and in the case of any other such action, at
least 30 days prior to the date of the taking of such proposed action or the
date of participation therein by the holders of capital stock, whichever shall
be the earlier.

     (j) Certain Events. If any event occurs as to which, in the good faith
judgment of the Board of Directors of the Corporation, the other provisions of
this Section 3 are not strictly applicable or if strictly applicable would not
fairly protect the exercise rights of the Holder in accordance with the
essential intent and principles of this Section 3, then the Board of Directors
of the Corporation in the good faith, reasonable exercise of its business
judgment may decrease the Exercise Price and/or increase the number of Warrant
Shares issuable upon exercise hereof, in accordance with such essential intent
and principles so as to protect such exercise rights as aforesaid.

     (k) Purchase of Common Stock by Corporation. If the Corporation at any time
while this Warrant is outstanding, directly or indirectly, through an affiliate
or otherwise, purchases, redeems or acquires any shares of Common Stock at a
price per share in excess of the then current Market Price per share for Common
Stock then the Exercise Price shall be adjusted to that price determined by
multiplying such Exercise Price by a fraction, (i) the numerator of which is the
number of outstanding shares of Common Stock prior to such purchase, redemption
or other acquisition minus the number of shares of Common Stock which the
aggregate consideration for the total number of such shares of Common Stock so
purchased, redeemed or acquired would have purchased at the current Market Price
and (ii) the denominator of which is the number of outstanding shares of Common
Stock after giving effect to such purchase, redemption or acquisition.

     (l) Computation of Consideration. For the purposes of this Section 3:

          (1) the consideration for any shares of Common Stock or any Options or
     Convertible Securities, irrespective of the accounting treatment of such
     consideration,

               (i) insofar as it consists of cash, shall be computed as the
          amount of cash received by the Corporation, and insofar as it consists
          of securities, the Market Price therefor or insofar as it consists of
          other property, the Fair Market Value thereof, as of the date
          immediately preceding such issue, sale, grant, or the record date
          therefor, in each case without deducting any expenses paid or incurred
          by the Corporation, any commissions or compensation paid or
          concessions or discounts allowed to underwriters, dealers or others
          performing similar services, and any accrued interest or dividends in
          connection with such issue or sale, and

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               (ii) in case shares of Common Stock or Options or Convertible
          Securities are or are to be issued, sold or granted together with
          other stock or securities or other assets of the Corporation for a
          consideration which covers both, shall be the proportion of such
          consideration so received, computed as provided in subdivision (i)
          above, allocable to such shares of Common Stock or Options or
          Convertible Securities, as the case may be, all as determined by the
          Board of Directors of the Corporation in the good faith reasonable
          exercise of its business judgment; and

          (2) shares of Common Stock deemed to have been issued upon the issue,
     sale, or grant of Options or Convertible Securities pursuant to Section
     3(b), shall be deemed to have been issued for a consideration per share of
     Common Stock determined by dividing

               (i) the total amount, if any, received and receivable (or,
          pursuant to this Section 3(l), deemed to have been received) by the
          Corporation as consideration for the issue, sale, or grant of the
          Options or Convertible Securities in question, plus the minimum
          aggregate amount of additional consideration (as set forth in the
          instruments relating thereto, without regard to any provision
          contained therein for a subsequent adjustment of such consideration)
          payable to the Corporation upon the exercise in full of such Options
          or the conversion or exchange of such Convertible Securities or, in
          the case of Options for Convertible Securities, the exercise of such
          Options for Convertible Securities and the conversion or exchange of
          such Convertible Securities, in each case comprising such
          consideration as provided in the foregoing subdivision (1), by

               (ii) the maximum number of shares of Common Stock (as set forth
          in the instruments relating thereto, without regard to any provision
          contained therein for a subsequent adjustment of such number) issuable
          upon the exercise of such Options or the conversion or exchange of
          such Convertible Securities.

     Section 4. Certain Defined Terms.

     "Affiliate" means any corporation, partnership, limited liability company,
joint venture, trust, unincorporated organization or other person which,
directly or indirectly, controls or is controlled by or is under common control
with the Holder.

     "Convertible Securities" means any evidences of indebtedness, shares of
stock, or securities directly or indirectly convertible into or exchangeable by
their terms for shares of Common Stock.

     "Excluded Transaction" means issuances of up to three million (3,000,000)
shares of Common Stock pursuant to options or other convertible securities
issued to employees, officers or directors, as approved by the Corporation's
Board of Directors, so long as such shares are subject to a lock-up agreement
generally applicable to all officers and directors of the Corporation.

     "Fair Market Value" means, on any relevant date, as to any property, the
fair market value as reasonably determined by the Board of Directors of the
Corporation and reasonably acceptable to the Holder, but if the Holder has not
so accepted such determination of fair market value within 10 business days of
the date notice of such determination by the Board of Directors is delivered to
the Holder, then as determined by an independent investment banking firm
selected by the Holder at Holder's expense, and that has not acted as an
investment banker or otherwise engaged in a transaction with the Holder or an

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Affiliate of the Holder for at least one year before its selection, and
reasonably acceptable to the Corporation. If the Fair Market Value as determined
by such investment banking firm exceeds the Fair Market Value as determined by
the Board of Directors by 10% or more, the cost of the engagement of the
investment banking firm will be borne by the Corporation.

     "Market Price" means, as to any security on any relevant date, the Fair
Market Value per share of such security, or if there shall be a public market
for such security, the average of the daily closing prices for the ten (10)
consecutive trading days before such date excluding any trades which are not
bona fide arm's length transactions. The closing price for each day shall be (a)
if such security is listed or admitted for trading on any national securities
exchange, the last sale price of such security, regular way, or the mean of the
closing bid and asked prices thereof if no such sale occurred, in each case as
officially reported on the principal securities exchange on which such security
are listed, or (b) if quoted on NASDAQ or any similar system of automated
dissemination of quotations of securities prices then in common use the mean
between the closing high bid and low asked quotations of such security in the
over-the-counter market as shown by NASDAQ or such similar system of automated
dissemination of quotations of securities prices, as reported by any member firm
of the New York Stock Exchange selected by the Corporation, (c) if not quoted as
described in clause (b), the mean between the high bid and low asked quotations
for the Warrant Shares as reported by NASDAQ or any similar successor
organization, as reported by any member firm of the New York Stock Exchange
selected by the Corporation. If such security is quoted on a national securities
or central market system in lieu of a market or quotation system described
above, the closing price shall be determined in the manner set forth in clause
(a) of the preceding sentence if bid and asked quotations are reported but
actual transactions are not, and in the manner set forth in clause (b) of the
preceding sentence if actual transactions are reported.

     "Options" means rights, options or warrants to subscribe for, purchase or
otherwise acquire either Common Stock or Convertible Securities.

     "Other Securities" means any capital stock (other than Common Stock) and
any other securities of the Corporation or any other person (corporate or
otherwise) which the Holder at any time shall be entitled to receive, or shall
have received, upon the exercise or partial exercise of this Warrant, in lieu of
or in addition to shares of Common Stock, or which at any time shall be issuable
or shall have been issued in exchange for or in replacement of shares of Common
Stock or Other Securities pursuant to Section 3 or otherwise.

     "Significant Corporate Event" means any sale, transfer or lease of all or
substantially all of the Corporation's assets, a merger or consolidation
involving the Corporation, the repurchase by the Corporation of more than 10% of
the Corporation's capital stock, liquidation or dissolution of the Corporation.

     Section 5. Representations, Warranties and Covenants as to Stock. The
Corporation represents and warrants to the Holder that (i) all shares of Common
Stock which may be issued upon the exercise of this Warrant will, upon issuance,
be duly authorized, validly issued, fully paid and nonassessable, with no
personal liability attaching to the ownership thereof, and free from all taxes,
liens and charges with respect to the issuance thereof (ii) the Corporation is
duly organized, validly existing and in good standing under the laws of the
State of Nevada, has all requisite power to carry on its business as presently
being conducted, and is qualified to do business and is in good standing in
every jurisdiction in which the failure so to qualify or to be in good standing

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could have a material adverse effect on the Corporation, (iii) the Corporation
has all requisite power and authority to execute and deliver this Warrant and to
perform its obligations hereunder, (iv) this Warrant has been duly authorized by
all necessary corporate action on the part of the Corporation, has been duly
executed and delivered by the Corporation and constitutes the valid and legally
binding obligation of the Corporation enforceable in accordance with its terms,
(v) the execution, delivery and performance of this Warrant by the Corporation
have not violated and shall not violate any law, rule or regulation to which the
Corporation is subject, the Articles of Incorporation or by-laws of the
Corporation or any material agreement to which the Corporation is a party or by
which it is bound, (vi) the authorized capital stock of the Corporation consists
of 2,000,000,000 shares of common stock and 50,00,000 shares of preferred stock,
and (vii) except as otherwise set forth in the securities purchase agreement of
even date herewith, there are no outstanding warrants, options, agreements,
convertible securities or other commitments pursuant to which the Corporation is
or may become obligated to issue or sell any shares of its capital stock or
other securities, and no preemptive rights or similar rights to purchase or
otherwise acquire shares of the capital stock or other securities of the
Corporation exist. The Corporation covenants to the Holder that it will (a) from
time to time take all such action as may be required to assure that the stated
or par value per share of the Common Stock is at all times no greater than the
then effective Exercise Price and (b) not amend or modify any provision of its
Articles of Incorporation or by-laws in any manner that would adversely affect
in any way the powers, preferences or relative participating, optional or other
special rights of the Common Stock or the rights of the Holder of any Warrants.
The Corporation further covenants and agrees that the Corporation will take all
such action as may be required to assure that the Corporation shall at all times
have authorized and reserved, free from preemptive rights, a sufficient number
of shares of its Common Stock to provide for the exercise of this Warrant in
full. If any shares of Common Stock reserved for the purpose of issuance upon
the exercise of this Warrant require registration with or approval of any
governmental authority under any Federal or state law before such shares may be
validly issued or delivered upon exercise, then the Corporation shall at its
expense in good faith and as expeditiously as possible endeavor to secure such
registration or approval, as the case may be.

     (a) Purchase Rights. If at any time the Corporation grants, issues or sells
any Options, Convertible Securities, Other Securities or any shares of any
capital stock, or rights to purchase stock, warrants, securities or other
property pro rata to the record holders of Common Stock (the "Purchase Rights"),
then the Holder shall be entitled to acquire, upon the terms applicable to such
Purchase Rights, the aggregate Purchase Rights which the Holder could have
acquired if the Holder had held the number of shares of Common Stock acquirable
upon complete exercise of this Warrant immediately before the date on which a
record is taken for the grant, issuance or sale of such Purchase Rights, or, if
no such record is taken, the date as of which the person or the record holders
of Common Stock are to be determined for the grant, issue or sale of such
Purchase Rights; provided, further, however, that the Holder in each such
instance shall not have the right to receive any such dividend or distribution
unless and until it exercises the conversion of the Warrant. For the avoidance
of doubt, the foregoing is intended to include, without limitation, a preemption
right in favor of the Holder with respect to any issuance of equity securities
by the Corporation by which the Holder will have the right, but not the
obligation, to maintain its respective proportionate share of ownership interest
in the Corporation through the purchase of additional shares in the new issuance
on the terms and conditions in such issuance. The terms of this Section 6 shall
expire at the end of the Exercise Period.

     Section 6. No Shareholder Rights. This Warrant shall not entitle the Holder
to any voting rights or other rights as a shareholder of the Corporation.

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     Section 7. Restrictions on Transfer. Subject to applicable Federal, state
and foreign securities laws this Warrant, the Warrant Shares and all rights
hereunder are transferable to any Affiliate of the Holder, in whole or in part,
and from time to time, upon (i) surrender of this Warrant properly endorsed, and
(ii) delivery of a notice of transfer in the form of Exhibit B by the Holder or
its duly authorized attorney at the office of the Corporation, the Corporation
will at its expense issue to or upon the order of the Holder a new Warrant or
Warrants of like tenor in the name of such Holder or as such Holder may direct.
The Corporation, may reasonably request an opinion of counsel in connection with
any such request. Each transferee and holder of this Warrant, by accepting or
holding the same, consents that this Warrant, when endorsed, in blank, shall be
deemed negotiable, and, when so endorsed, the holder hereof shall be treated by
the Corporation and all other persons dealing with this Warrant as the absolute
owner hereof for any purposes and as the person entitled to exercise the rights
represented by this Warrant, or to the transfer hereof on the books of the
Corporation, any notice to the contrary notwithstanding; provided, however, that
until each such transfer is recorded on such books, the Corporation may treat
the registered holder hereof as the owner hereof for all purposes. Until such
time as it is no longer required under the Act, the certificates representing
the Warrant Shares shall bear the following legend:

          "The shares of Stock represented by this certificate have not
          been registered under the Securities Act of 1933, as amended
          (the "Act"), and may not be sold or transferred in the absence
          of an effective registration statement under the Act or an
          opinion of counsel in form satisfactory to the Corporation
          that such registration is not required under the Act."

     Section 8. Lost, Stolen, Mutilated or Destroyed Warrant. If this Warrant is
lost, stolen, mutilated or destroyed, the Corporation shall at its expense (upon
delivery of an indemnity agreement reasonably satisfactory in the Corporation
and, in the case of a mutilated Warrant, surrender thereof), issue a new Warrant
of like denomination and tenor as the Warrant so lost, stolen, mutilated or
destroyed. Any such new Warrant shall constitute an original contractual
obligation of the Corporation, whether or not the allegedly lost, stolen,
mutilated or destroyed Warrant shall be at any time enforceable by anyone.

     Section 9. Notices. All notices or other communications which are required
or permitted hereunder shall be in writing and sufficient if delivered
personally or sent by recognized overnight courier, prepaid, addressed as
follows:

          If to the Corporation, to:   Global Resource Corporation
                                       Bloomfield Business Park
                                       408 Bloomfield Dr. Unit 3,
                                       West Berlin, New Jersey 08091
                                       Attention:  Frank G. Pringle, CEO
                                       Facsimile Number:

          If to the Holder, at:        Professional Offshore Opportunity
                                          Fund Ltd.
                                       c/o Professional Traders Management, LLC
                                       1400 Old Country Road, Suite 206
                                       Westbury, NY  11590
                                       Attention:  Howard Berger

                                      -10-
<PAGE>

or to such other address as the party to whom notice is to be given may have
furnished to the other party in writing in accordance herewith.

     Section 10. Remedies. The Corporation stipulates that the remedies at law
of the Holder of this Warrant in the event of a default or threatened default by
the Corporation in the performance of or compliance with any of the terms of
this Warrant are not and will not be adequate and that, to the fullest extent
permitted by law, such terms may be specifically enforced by a decree for the
specific performance of any agreement contained herein or by an injunction
against a violation of any of the terms hereof or otherwise.

     Section 11. Successors and Assigns. This Warrant and the rights evidenced
hereby shall inure to the benefit of and be binding upon the successors and
assigns of the Corporation, the Holder hereof and (to the extent provided
herein) the holders of Warrant Shares issued pursuant hereto, and shall be
enforceable by any such Holder or holders.

     Section 12. Modification and Severability. If, in any action before any
court or agency legally empowered to enforce any provision contained herein, any
provision hereof is found to be unenforceable, then such provision shall be
deemed modified to the extent necessary to make it enforceable by such court or
agency. If any such provision is not enforceable as set forth in the preceding
sentence, the unenforceability of such provision shall not affect the other
provisions of this Warrant, but this Warrant shall be construed as if such
unenforceable provision had never been contained herein.

     (a) Governing Law; Jurisdiction; Venue; Waiver of Jury Trial. The
construction, validity, interpretation and enforcement of this Warrant shall be
governed by the laws of the State of New York (without giving effect to any laws
or rules relating to conflicts of laws that would cause the application of the
laws of any jurisdiction other than the State of New York). No other state's law
shall apply to any claim relating to or arising from this Agreement or any
transaction relating to this Agreement. THE COMPANY AND THE INVESTOR CONSENT
THAT ANY LEGAL ACTION OR PROCEEDING AGAINST EITHER OF THEM UNDER, ARISING OUT OF
OR IN ANY MANNER RELATING TO THIS AGREEMENT, OR ANY OTHER INSTRUMENT OR DOCUMENT
EXECUTED AND DELIVERED IN CONNECTION HEREWITH SHALL BE BROUGHT EXCLUSIVELY IN
ANY COURT OF THE STATE OF NEW YORK OR IN THE UNITED STATES DISTRICT COURT FOR
THE SOUTHERN DISTRICT OF NEW YORK, IN EACH CASE, IN THE COUNTY OF NEW YORK. THE
COMPANY AND THE INVESTOR, BY THE EXECUTION AND DELIVERY OF THIS AGREMENT,
EXPRESSLY AND IRREVOCABLY CONSENTS AND SUBMITS TO THE PERSONAL JURISDICTION OF
ANY OF SUCH COURTS IN ANY SUCH ACTION OR PROCEEDINGS. THE COMPANY AND THE
INVESTOR AGREE THAT PERSONAL JURISDICTION OVER EITHER OF THEM MAY BE OBTAINED BY
THE DELIVERY OF A SUMMONS (POSTAGE PREPAID) IN ACCORDANCE WITH THE PROVISIONS OF
SECTION 14 OF THIS AGREEMENT. ASSUMING DELIVERY OF THE SUMMONS IN ACCORDANCE
WITH THE PROVISIONS OF SECTION 14 OF THIS AGREEMENT, THE COMPANY AND THE
INVESTOR HEREBY EXPRESSLY AND IRREVOCABLY WAIVE ANY ALLEGED LACK OF PERSONAL
JURISDICTION, IMPROPER VENUE OR FORUM NON CONVENIENS. THE HOLDER AND THE COMPANY
INTENTIONALLY AND KNOWINGLY WAIVE AND RELINQUISH ANY AND ALL RIGHT TO TRIAL BY
JURY IN CONNECTION WITH ANY CLAIM, COUNTERCLAIM, THIRD PARTY CLAIM OR OTHER
CLAIM HOWSOEVER ASSERTED OR DENOMINATED THAT RELATE TO, ARISE OUT OF, IN
CONNNECTION WITH OR UNDER THIS WARRANT.

                                      -11-
<PAGE>

     Section 13. Headings. The headings of the various sections contained in
this Warrant have been inserted for convenience of reference only and should not
be deemed to be a part of this Warrant.

     IN WITNESS WHEREOF, the Corporation has caused this Warrant to be executed
by its duly authorized officer as of the date first written above.

                                            GLOBAL RESOURCE CORPORATION

                                            By:____________________________
                                                Name:
                                                Title:

                                      -12-
<PAGE>

                                                                       EXHIBIT A
                                                                       ---------

                     FORM OF NOTICE OF ELECTION TO EXERCISE
                       [To be executed only upon exercise
                 of the Warrant to which this form is attached]

To  GLOBAL RESOURCE CORPORATION

     The undersigned, the holder of the Warrant to which this form is attached,
hereby irrevocably elects to exercise the right represented by such Warrant to
purchase __________ shares of Common Stock of GLOBAL RESOURCE CORPORATION, and
herewith either [circle (a) or (b)]: (a) tenders the aggregate payment of
$_________ in the form of cash, wire transfer funds, check or (b) elects to
exercise its right to acquire the Common Stock without any payment of funds as
provided in Section 2 of the Warrant. The undersigned requests that a
certificate for such shares be issued in the name of _________________________,
whose address is __________________, and that such certificate be delivered to
______________________, whose address is _____________________________________.

     If such number of shares is less than all of the shares purchasable under
the Warrant, the undersigned requests that a new Warrant, of like tenor as the
Warrant to which this form is attached, representing the right to purchase the
remaining balance of the shares purchasable under such current Warrant be
registered in the name of __________________, whose address is
_____________________________________, and that such new Warrant be delivered to
__________________, whose address is __________________________________________.

                      Signature: ______________________________________________
                                 (Signature must conform in all respects to the
                                 name of the holder of the Warrant as specified
                                 on the face of the Warrant)

    Date:  ________________
    Signed in the presence of:

                                      -13-
<PAGE>

                                                                       EXHIBIT B
                                                                       ---------

                           FORM OF NOTICE OF TRANSFER
                       [To be executed only upon transfer
                 of the Warrant to which this form is attached]

     For value received, the undersigned hereby sells, assigns and transfers
unto ____________________________ all of the rights represented by the Warrant
to which this form is attached to purchase _________________________ shares of
Common Stock of GLOBAL RESOURCE CORPORATION (the "Corporation"), to which such
Warrant relates, and appoints _________________________ as its attorney to
transfer such right on the books of the Corporation, with full power of
substitution in the premises.

                       Signature: ______________________________________________
                                  (Signature must conform in all respects to the
                                  name of the holder of the Warrant as specified
                                  on the face of the Warrant)

                       Address: ________________________________________________

         Date: ______________
Signed in the presence of:

                                      -14-<PAGE>
EXHIBIT 10.8

                          REGISTRATION RIGHTS AGREEMENT

     REGISTRATION RIGHTS AGREEMENT dated as of the 21st day of December, 2007
(this "Agreement") by and between GLOBAL RESOURCE CORPORATION, a Nevada
corporation (the "Corporation"), and PROFESSIONAL OFFSHORE OPPORTUNITY FUND,
LTD. (the "Investor").

                              W I T N E S S E T H :

     WHEREAS, the Investor owns or has the right to purchase or otherwise
acquire shares of the Common Stock (as hereinafter defined) of the Corporation;
and

     WHEREAS, the Corporation and the Investor deem it to be in their respective
best interest to set forth the rights of the Investor in connection with the
registration of such Common Stock under applicable securities laws; and

     WHEREAS, the execution and delivery of this Agreement is a condition to the
Securities Purchase Agreement to be provided by the Investor to the Corporation
on the date hereof;

     NOW, THEREFORE, in consideration of the premises and mutual covenants and
obligations hereinafter set forth, the Corporation and the Investor hereby agree
as follows:

     Section 1. Definitions.

     As used in this Agreement the following terms shall have the following
meanings:

     (a) "Commission" means the Securities and Exchange Commission or any other
Federal agency at the time administering the Securities Act.

     (b) "Common Stock" means the common stock, par value $.001, of the
Corporation.

     (c) "Exchange Act" means the Securities Exchange Act of 1934 or any
successor Federal statute, and the rules and regulations of the Commission
promulgated thereunder, all as the same shall be in effect from time to time.

     (d) "Investor" means Professional Offshore Opportunity Fund, Ltd.,
Professional Traders Fund LLC and each additional person who shall execute a
counterpart signature page hereto, and includes any successor to, or assignee or
transferee of, any such person who or which agrees in writing to be treated as
an Investor hereunder and to be bound by the terms and comply with all
applicable provisions hereof.

     (e) "Other Shares" means at any time those shares of Common Stock which do
not constitute Primary Shares or Registrable Shares.

     (f) "Primary Shares" means at any time the authorized but unissued shares
of Common Stock of the Corporation.

     (g) "Registrable Shares" means shares of Common Stock now or hereafter held
by the Investor, whether acquired or acquirable pursuant to or in connection
with the Securities Purchase Agreement, the Warrant or any other agreements in
connection with this transaction. As to any particular Registrable Shares, once
issued, such Registrable Shares shall cease to be Registrable Shares when (i)
they have been registered under the Securities Act, the registration statement
in connection therewith has been declared effective and they have been disposed
of pursuant to such effective registration statement, (ii) they are eligible to

<PAGE>

be sold or distributed pursuant to Rule 144 within any consecutive three month
period (including, without limitation, Rule 144(k)) without volume limitations,
or (iii) they shall have ceased to be outstanding.

     (h) "Rule 144" means Rule 144 promulgated under the Securities Act or any
successor rule thereto.

     (i) "Securities Act" means the Securities Act of 1933 or any successor
Federal statute, and the rules and regulations of the Commission thereunder, all
as the same shall be in effect from time to time.

     (j) "Securities Purchase Agreement" means the Securities Purchase Agreement
dated the date hereof between the Corporation and the Investor.

     (k) "Warrant" means each Warrant dated the date hereof issued by the
Corporation to the Investor.

     Section 2. Registration.

     (a) Mandatory Registration. The Corporation shall use its best efforts to
prepare, and as soon as practicable, but not later than ninety (90) calendar
days following the date hereof, file with the SEC a Registration Statement or
Registration Statements (as necessary) on Form SB-2 (or, if such form is
unavailable for such a registration, on such other form as is available for such
a registration), covering the resale of all of two times the number of the
Registrable Securities, which Registration Statement(s) shall state that, in
accordance with Rule 416 promulgated under the 1933 Act, such Registration
Statement also covers such indeterminate number of additional shares of Common
Stock as may become issuable upon stock splits, stock dividends or similar
transactions.

     (b) The Corporation shall cause a Registration Statement to be declared
effective by the SEC by June 30, 2008.

     (c) The Corporation agrees not to include any other securities in this
Registration Statement without Investor's prior written consent. Furthermore,
except as provided in Section 2(d), the Company agrees that it will not file any
other Registration Statement for other securities, until ninety (90) calendar
days after the Registration Statement for the Registrable Securities is declared
effective.

     (d) Investor acknowledges awareness of the Corporation's intent to file a
Registration Statement in early 2008 covering the 11,188,996 shares of Common
Stock previously issued for the acquisition of the assets of Carbon Recovery
Corporation ("CRC") and the 11,145,225 shares previously issued for the
acquisition of the assets of Mobilestream Oil, Inc. "MSRM"), together with:

     (i) 3,908,340 CRC "B" Warrants, exercisable at $2.75 per share, and the
underlying 3,908,340 shares of Common Stock;

     (ii) 1,397,600 CRC "C" Warrants, exercisable at $2.75 per share, and the
underlying 1,397,600 shares of Common Stock;

     (iii) 1,397,600 CRC "D" Warrants, exercisable at $4.00 per share, and the
underlying 1,397,600 shares of Common Stock; and

     (iv) 3,205,867 MSRM Warrants, exercisable at $4.75 per shares, and the
underlying 3,705,867 shares of Common Stock.

                                       2
<PAGE>

     (v) Investor acknowledges awareness of the Corporation's intent to file a
Registration Statement in early 2008 covering (x) the 300,000 Warrants issued to
Black Diamond Fund LLP pursuant to the rescission of the prior "Westor
transaction", consisting of the 150,000 Warrants exercisable at $.80, the 50,000
Warrants exercisable at $1.65 per share, the 50,000 Warrants exercisable at
$1.85 per share, the 50,000 Warrants exercisable at $2.00 per share, and the
underlying 300,000 shares of Common Stock and (y) the 500,000 Warrants issued to
Nutmeg/Mercury Fund LLP pursuant to the rescission of the prior "Westor
transaction", consisting of the 250,000 Warrants exercisable at $.80, the 83,333
Warrants exercisable at $1.65 per share, the 83,333 Warrants exercisable at
$1.85 per share, the 83,334 Warrants exercisable at $2.00 per share, and the
underlying 500,000 shares of Common Stock

     (e) Piggyback Registration. Without limiting the obligations set forth in
Section 2(a) through and including 2(c) of this Agreement, if the Corporation at
any time proposes for any reason to register Primary Shares, Registrable Shares
or other shares under the Securities Act (other than on Form S-4 or Form S-8
promulgated under the Securities Act or any successor forms thereto, (other than
the shares and warrants referenced in Section 2(d) above), it shall give written
notice to the Investor of its intention so to register such Primary Shares,
Registrable Shares or Other Shares at least 30 days before the initial filing of
such registration statement and, upon the written request, delivered to the
Corporation within 20 days after delivery of any such notice by the Corporation,
of the Investor to include in such registration Registrable Shares (which
request shall specify the number of Registrable Shares proposed to be included
in such registration and shall state that such Investor desires to sell such
Registrable Shares in the public securities markets), the Corporation shall
cause all such Registrable Shares to be included in such registration on the
same terms and conditions as the securities otherwise being sold in such
registration; provided, however, that if the managing underwriter advises the
Corporation that the inclusion of all Registrable Shares requested to be
included in such registration would interfere with the successful marketing
(including pricing) of the Primary Shares, Registrable Shares or Other Shares
proposed to be registered by the Corporation, then the number of Primary Shares,
Registrable Shares and Other Shares proposed to be included in such registration
shall be included in the following order:

     (f) if the Corporation proposes to register Primary Shares, or Primary
Shares and Other Shares:

          (i) First, the Primary Shares; and

          (ii) Second, the Registrable Shares and Other Shares requested to be
     included in such registration (or, if necessary, such Registrable Shares
     and Other Shares pro rata among the holders thereof based upon the number
     of Registrable Shares and Other Shares requested to be registered by each
     such holder); or

     (g) if the Corporation proposes to register Other Shares pursuant to a
request for registration by the holders of such Other Shares (other than
pursuant to Section 2 hereof):

          (i) First, the Other Shares held by the parties demanding such
     registration; and

          (ii) Second, the Registrable Shares and Other Shares (other than
     shares registered pursuant to Section 2(c)(1) hereof) requested to be
     registered by the holders hereof (or, if necessary, pro rata among the
     holders thereof based on the number of Registrable Shares and Other Shares
     requested to be registered by such holders).

     Section 2. Preparation and Filing.

                                       3
<PAGE>

     If and whenever the Corporation is under an obligation pursuant to the
provisions of this Agreement to effect the registration of any Registrable
Shares, the Corporation shall as expeditiously as practicable:

     (a) prepare and file with the Commission a registration statement with
respect to such Registrable Shares and use its best efforts to cause such
registration statement to become effective and, upon the request of the holders
of a majority of the Registrable Shares being registered thereunder, keep such
registration statement effective for a period of up to one hundred twenty (120)
days or until the distribution contemplated in the registration statement has
been completed; provided, however, that (i) such 120-day period shall be
extended for a period of time equal to the period the holders of Registrable
Shares refrain from selling any securities included in such registration at the
request of an underwriter of Common Stock (or other securities) of the Company;
and (ii) in the case of any registration of Registrable Securities on Form S-3
which are intended to be offered on a continuous or delayed basis, such 120-day
period shall be extended, if necessary, to keep the registration statement
effective until all such Registrable Shares are sold, provided that Rule 415, or
any successor rule under the Securities Act, permits an offering on a continuous
or delayed basis; and provided further that applicable rules under the
Securities Act governing the obligation to file a post-effective amendment
permit (in lieu of filing a post-effective amendment which (I) includes any
prospectus required by Section 10(a)(3) of the Securities Act or (II) reflects
facts or events representing a material or fundamental change in the information
set forth in the registration statement) the incorporation by reference, in the
registration statement, of information required to be included in (I) and (II)
above to be contained in periodic reports filed pursuant to Section 13 or 15(d)
of the Exchange Act.

     (b) prepare and file with the Commission such amendments and supplements to
such registration statement and the prospectus used in connection with such
registration statement as may be necessary to comply with the provisions of the
Securities Act with respect to the disposition of all securities covered by such
registration statement.

     (c) furnish, at least five business days before filing a registration
statement that registers such Registrable Shares, a prospectus relating thereto
or any amendments or supplements relating to such a registration statement or
prospectus, to one counsel selected by the Investor (the "Investor's Counsel"),
copies of all such documents proposed to be filed (it being understood that such
five-business-day period need not apply to successive drafts of the same
document proposed to be filed so long as such successive drafts are supplied to
the Investor's Counsel in advance of the proposed filing by a period of time
that is customary and reasonable under the circumstances);

     (d) notify in writing the Investor's Counsel promptly (i) of the receipt by
the Corporation of any notification with respect to any comments by the
Commission with respect to such registration statement or prospectus or any
amendment or supplement thereto or any request by the Commission for the
amending or supplementing thereof or for additional information with respect
thereto, (ii) of the receipt by the Corporation of any notification with respect
to the issuance by the Commission of any stop order suspending the effectiveness
of such registration statement or prospectus or any amendment or supplement
thereto or the initiation or threatening of any proceeding for that purpose and
(iii) of the receipt by the Corporation of any notification with respect to the
suspension of the qualification of such Registrable Shares for sale in any
jurisdiction or the initiation or threatening of any proceeding for such
purposes;

     (e) use its best efforts to register or qualify such Registrable Shares
under such other securities or blue sky laws of such jurisdictions as the
Investor reasonably request and do any and all other acts and things which may
be reasonably necessary or advisable to enable the Investor to consummate the
disposition in such jurisdictions of the Registrable Shares owned by the
Investor; provided, however, that the Corporation will not be required to
qualify generally to do business, subject itself to general taxation or consent
to general service of process in any jurisdiction where it would not otherwise

                                       4
<PAGE>

be required to do so but for this paragraph (e) or to provide any material
undertaking or make any changes in its By-laws or Certificate of Incorporation
which the Board of Directors determines to be contrary to the best interests of
the Corporation or to modify any of its contractual relationships then existing;

     (f) furnish to the Investor holding such Registrable Shares such number of
copies of a summary prospectus, if any, or other prospectus, including a
preliminary prospectus, in conformity with the requirements of the Securities
Act, and such other documents as such Investor may reasonably request in order
to facilitate the public sale or other disposition of such Registrable Shares;

     (g) without limiting subsection (e) above, use its best efforts to cause
such Registrable Shares to be registered with or approved by such other
governmental agencies or authorities as may be necessary by virtue of the
business and operations of the Corporation to enable the Investor holding such
Registrable Shares to consummate the disposition of such Registrable Shares;

     (h) notify the Investor holding such Registrable Shares on a timely basis
at any time when a prospectus relating to such Registrable Shares is required to
be delivered under the Securities Act within the appropriate period mentioned in
subparagraph (a) of this Section 3, of the happening of any event as a result of
which the prospectus included in such registration statement, as then in effect,
includes an untrue statement of a material fact or omits to state a material
fact required to be stated therein or necessary to make the statements therein
not misleading in light of the circumstances then existing and, at the request
of the Investor, prepare and furnish to such Investor a reasonable number of
copies of a supplement to or an amendment of such prospectus as may be necessary
so that, as thereafter delivered to the offerees of such shares, such prospectus
shall not include an untrue statement of a material fact or omit to state a
material fact required to be stated therein or necessary to make the statements
therein not misleading in light of the circumstances then existing;

     (i) subject to the execution of confidentiality agreements in form and
substance satisfactory to the Corporation, make available upon reasonable notice
and during normal business hours, for inspection by the Investor holding such
Registrable Shares, any underwriter participating in any disposition pursuant to
such registration statement and any attorney, accountant or other agent retained
by the Investor or underwriter (collectively, the "Inspectors"), all pertinent
financial and other records, pertinent corporate documents and properties of the
Corporation (collectively, the "Records"), as shall be reasonably necessary to
enable them to exercise their due diligence responsibility, and cause the
Corporation's officers, directors and employees to supply all information
(together with the Records, the "Information") reasonably requested by any such
Inspector in connection with such registration statement. Any of the Information
which the Corporation determines in good faith to be confidential and of which
determination the Inspectors are so notified, shall not be disclosed by the
Inspectors unless (i) the disclosure of such Information is necessary to avoid
or correct a misstatement or an omission in the registration statement, (ii) the
release of such Information is ordered pursuant to a subpoena or other order
from a court of competent jurisdiction or (iii) such Information has been made
generally available to the public; the Investor agrees that it will, upon
learning that disclosure of such information is sought in a court of competent
jurisdiction, give notice to the Corporation and allow the Corporation, at the
Corporation's expense, to undertake appropriate action to prevent disclosure of
the Information deemed confidential;

     (j) use its best efforts to obtain from its independent certified public
accountants "cold comfort" letters addressed to the Corporation and any selling
shareholders in customary form and at customary times and covering matters of
the type customarily covered by cold comfort benefits;

     (k) use its best efforts to obtain from its counsel an opinion or opinions
in customary form addressed to the Corporation and any selling shareholders;

                                       5
<PAGE>

     (l) in the event of any underwritten public offering, enter into and
perform its obligations under an underwriting agreement, in usual and customary
form, with the managing underwriter of such offering. Each holder of Registrable
Shares participating in such underwriting shall also enter into and perform its
obligations under such an agreement;

     (m) provide a transfer agent and registrar (which may be the same entity
and which may be the Corporation) for such Registrable Shares and a CUSIP number
for all such Registrable Shares, in each case not later than the effective date
of such registration;

     (n) issue to any underwriter to which the Investor holding such Registrable
Shares may sell shares in such offering certificates evidencing such Registrable
Shares;

     (o) , use its best efforts to qualify such Registrable Shares for trading
on the OTC Bulletin Board;

     (p) otherwise use its best efforts to comply with all applicable rules and
regulations of the Commission and make available to its security holders, as
soon as reasonably practicable, earnings statements (which need not be audited)
covering a period of 12 months beginning within three months after the effective
date of the registration statement, which earnings statements shall satisfy the
provisions of Section 11 (a) of the Securities Act; and

     (q) subject to all the other provisions of this Agreement, use its best
efforts to take all other steps necessary to effect the registration of such
Registrable Shares contemplated hereby.

     (r) Each holder of the Registrable Shares, upon receipt of any notice from
the Corporation of any event of the kind described to Section 3(h) hereof, shall
forthwith discontinue disposition of the Registrable Shares pursuant to the
registration statement covering such Registrable Shares until such holders'
receipt of the copies of the supplemented or amended prospectus contemplated by
Section 3(h) hereof, and, if so directed by the Corporation, such holder shall
deliver to the Corporation all copies, other than permanent file copies then in
such holder's possession, of the prospectus covering such Registrable Shares at
the time of receipt of such notice.

     Section 3. Expenses.

     All expenses (other than underwriting discounts and commissions relating to
the Registrable Shares, as provided in the last sentence of this Section 4)
incurred by the Corporation in complying with Section 3, including, without
limitation, all registration and filing fees (including all expenses incident to
filing with the Financial Industry Regulatory Authory, Inc. "FINRA"), fees and
expenses of complying with securities and blue sky laws, printing expenses, fees
and expenses of the Corporation's counsel and accountants, and a $5,000 expense
payment to the Investor to pay for its review of the Corporation's filings,
shall be paid by the Corporation; provided, however, that all underwriting
discounts and selling commissions applicable to the Registrable Shares and Other
Shares shall be borne by the holders selling such Registrable Shares and Other
Shares, in proportion to the number of Registrable Shares and Other Shares sold
by each such holder.

     Section 4. Indemnification.

     (a) In connection with any registration of any Registrable Shares under the
Securities Act pursuant to this Agreement, the Corporation shall indemnify and
hold harmless the holders of Registrable Shares, each underwriter, broker or any
other person acting on behalf of the holders of Registrable Shares and each
other person, if any, who controls any of the foregoing persons within the
meaning of the Securities Act against any losses, claims, damages or
liabilities, joint or several (or actions in respect thereof), to which any of
the foregoing persons may become subject under the Securities Act or otherwise,

                                       6
<PAGE>

insofar as such losses, claims, damages or liabilities (or actions in respect
thereof) arise out of or are based upon an untrue statement or allegedly untrue
statement of a material fact contained in the registration statement under which
such Registrable Shares were registered under the Securities Act, the Exchange
Act or any preliminary prospectus or final prospectus contained therein or
otherwise filed with the Commission, any amendment or supplement thereto or any
document incident to registration or qualification of any Registrable Shares, or
arise out of or are based upon the omission or alleged omission to state therein
a material fact required to be stated therein or necessary to make the
statements therein not misleading or, with respect to any prospectus, necessary
to make the statements therein in light of the circumstances under which they
were made not misleading, or any violation by the Corporation of the Securities
Act or state securities or blue sky laws applicable to the Corporation and
relating to action or inaction required of the Corporation in connection with
such registration or qualification under such state securities or blue sky laws;
and shall reimburse the holders of Registrable Shares, such underwriter, such
broker or such other person acting on behalf of the holders of Registrable
Shares and each such controlling person for any legal or other expenses
reasonably incurred by any of them in connection with investigating or defending
any such loss, claim, damage, liability or action; provided, however, that the
Corporation shall not be liable in any such case to the extent that any such
loss, claim, damage, liability or action (including any legal or other expenses
incurred) arises out of or is based upon an untrue statement or allegedly untrue
statement or omission or alleged omission made in said registration statement,
preliminary prospectus, final prospectus, amendment supplement or document
incident to registration or qualification of any Registrable Shares in reliance
upon and in conformity with written information furnished to the Corporation by
the holders of Registrable Shares or their counsel or underwriter for use in the
preparation thereof; provided further, however, that the foregoing indemnity
agreement is subject to the condition that, insofar as it relates to any untrue
statement, omission or alleged omission made in any preliminary prospectus but
eliminated or remedied in the final prospectus (filed pursuant to Rule 424 of
the Securities Act), such indemnity agreement shall not inure to the benefit of
any Investor, underwriter, broker or other person acting on behalf of holders of
the Restricted Shares from whom the person asserting any loss, claim, damage,
liability or expense purchased the Restricted Shares which are the subject
thereof, if a copy of such final prospectus had been made available to such
person and such Investor, underwriter, broker or other person acting on behalf
of holders of the Registrable Shares and such final prospectus was not delivered
to such person with or prior to the written confirmation of the sale of such
Registrable Shares to such person.

     (b) In connection with any registration of Registrable Shares under the
Securities Act pursuant to this Agreement, each holder of Registrable Shares
shall severally and not jointly indemnify and hold harmless (in the same manner
and to the same extent as set forth in the preceding paragraph (a) of this
Section 5) the Corporation, each director of the Corporation, each officer of
the Corporation who shall sign such registration statement, each underwriter,
broker or other person acting on behalf of the holders of Registrable Shares and
each person who controls any of the foregoing persons within the meaning of the
Securities Act with respect to any statement or omission from such registration
statement, any preliminary prospectus or final prospectus contained therein or
otherwise filed with the Commission, any amendment or supplement thereto or any
document incident to registration or qualification of any Registrable Shares, if
such statement or omission was made in reliance upon and in conformity with
written information furnished to the Corporation or such underwriter
specifically for use in connection with the preparation of such registration
statement, preliminary prospectus, final prospectus, amendment, supplement or
document; provided, however, that the maximum amount of liability in respect of
such indemnification shall be limited, in the case of each Seller of Registrable
Shares, to an amount equal to the net proceeds actually received by such Seller
from the sale of Registrable Shares effected pursuant to such registration.

     (c) Promptly after receipt by an indemnified party of notice of the
commencement of any action involving a claim referred to in the preceding
paragraphs of this Section 5, such indemnified party will, if a claim in respect
thereof is made against an indemnifying party, give written notice to the latter

                                       7
<PAGE>

of the commencement of such action. The failure of any indemnified party to
notify an indemnifying party of any such action shall not (unless such failure
shall have a material adverse effect on the indemnifying party) relieve the
indemnified party on account of this Section 5. In case any such action is
brought against an indemnified party, the indemnifying party will be entitled to
participate in and to assume the defense thereof, jointly with any other
indemnifying party similarly notified to the extent that it may wish, with
counsel reasonably satisfactory to such indemnified party, and after notice from
the indemnifying party to such indemnified party of its election so to assume
the defense thereof, the indemnifying party shall not be responsible for any
legal or other expenses subsequently incurred by the indemnified party in
connection with the defense thereof; provided, however, that if any indemnified
party shall have reasonably concluded that there may be one or more legal or
equitable defenses available to such indemnified party which are in conflict
with those available to the indemnifying party, or that such claim or litigation
involves or could have an effect upon matters beyond the scope of the indemnity
agreement provided in this Section 5, the indemnifying party shall not have the
right to assume the defense of such action on behalf of such indemnified party
(but shall have the right to participate therein with counsel of its choice) and
such indemnifying party shall reimburse such indemnified party and any person
controlling such indemnified party for that portion of the fees and expenses of
any counsel retained by the indemnified party which is reasonably related to the
matters covered by the indemnity agreement provided in this Section 5. If the
indemnifying party is not entitled to, or elects not to, assume the defense of a
claim, it will not be obligated to pay the fees and expenses of more than one
counsel with respect to such claim.

     (d) If the indemnification provided for in this Section 5 is held by a
court of competent jurisdiction to be unavailable to an indemnified party with
respect to any loss, claim, damage, liability or action referred to herein, then
the indemnifying party, in lieu of indemnifying such indemnified party
hereunder, shall contribute to the amounts paid or payable by such indemnified
party as a result of such loss, claim, damage, liability or action in such
proportion as is appropriate to reflect the relative fault of the indemnifying
party on the one hand and of the indemnified party on the other in connection
with the statements or omissions which resulted in such loss, claim, damage,
liability or action as well as any other relevant equitable considerations. The
relative fault of the indemnifying party and of the indemnified party shall be
determined by reference to, among other things, whether the untrue or alleged
untrue statement of a material fact or the omission or alleged omission to state
a material fact relates to information supplied by the indemnifying party or by
the indemnified party and the parties' relative intent, knowledge, access to
information and opportunity to correct or prevent such statement or omission. In
no event shall contribution obligations of this Section 5(d) exceed the net
proceeds from the offering received by such holder after deducting underwriting
fees, discounts and commissions. No person guilty of fraudulent
misrepresentation or omission shall be entitled to contribution from any person.

     Section 5. Underwriting Agreement.

     Notwithstanding the provisions of Sections 2, 3, 4 and 5, to the extent
that the Investor shall enter into an underwriting or similar agreement, which
agreement contains provisions covering one or more issues addressed in such
Sections, the provisions contained in such agreement addressing such issue or
issues shall control; provided, however, that any such agreement to which the
Corporation is not a party shall not be binding upon the Corporation. No holder
may participate in any underwritten registration hereunder unless such holder
(a) agrees to such holder's securities on the basis provided in any underwriting
arrangements and (b) completes and executes all questionnaires, powers of
attorney, indemnities, underwriting agreements and other documents reasonably
and customarily required under the terms of such underwriting arrangements.

     Section 6. Information by Investor.

     The Investor shall furnish to the Corporation such written information
regarding the Investor and the distribution proposed by the Investor as the
Corporation may reasonably request in writing and as shall be reasonably
required in connection with any registration, qualification or compliance
referred to in this Agreement.

                                       8
<PAGE>

     Section 7. Exchange Act Compliance.

     With a view to making available to the Investor the benefits of Rule 144
promulgated under the Act and any other rule or regulation of the Commission may
at any time permit the Investor to sell securities of the Corporation to the
public without registration or pursuant to a registration on Form S-3, the
Company agrees, on and after becoming subject to reporting obligations under the
federal securities laws, to:

     (a) make and keep public information available, as those terms are
understood and defined in Rule 144, at all times after ninety (90) days after
the effective date of the first registration statement filed by the Corporation
for the offering of its securities to the general public;

     (b) file with the Commission in a timely manner all reports and other
documents required of the Corporation under the Securities Act and the Exchange
Act; and

     (c) furnish to the Investor, so long as the Investor owns any Registrable
Shares, forthwith upon request (i) a written statement by the Corporation that
it has complied with the reporting requirements of Rule 144 (at any time after
ninety (90) days after the effective date of the first registration statement
filed by the Corporation), the Securities Act and the Exchange Act (at any time
after it has become subject to such reporting requirements), or that it
qualifies as a registrant whose securities may be resold pursuant to Form S-3
(at any time after it so qualifies), (ii) a copy of the most recent annual or
quarterly report of the Corporation and such other reports and documents so
filed by the Corporation, and (iii) such other information as may be reasonably
requested in availing any Investor of any rule or regulation of the Commission
which permits the selling of any such securities without registration or
pursuant to such form.

     Section 8. No Conflict of Rights.

     The Corporation shall not, after the date hereof, grant any registration
rights which conflict with or impair the registration rights granted hereby. In
the event the Corporation grants to any person any registration rights that are
superior in scope or substance to the registration rights granted to the
Investor, such superior rights shall be simultaneously granted to such holders.

     Section 9. Termination.

     This Agreement shall terminate and be of no further force or effect when
there shall no longer be any Registrable Shares outstanding; provided that
Sections 4 and 5 shall survive any termination of this Agreement.

     Section 10. Successors and Assigns.

     This Agreement shall bind and inure to the benefit of the Corporation and
the Investor and, subject to Section 12, the respective successors and assigns
of the Corporation and the Investor.

     Section 11. Assignment.

     Each Investor may assign its rights hereunder to any purchaser or
transferee of Registrable Shares; provided, however, that such purchaser or
transferee shall, as a condition to the effectiveness of such assignment, be
required to execute a counterpart to this Agreement agreeing to be treated as an
Investor whereupon such purchaser or transferee shall have the benefits of, and
shall be subject to the restrictions contained in, this Agreement as if such
purchaser or transferee was originally included in the definition of an Investor
herein and had originally been a party hereto

                                       9
<PAGE>

     Section 12. Entire Agreement.

     This Agreement and the other writings referred to herein or therein or
delivered pursuant hereto or thereto, contain the entire agreement among the
Investor and the Corporation with respect to the subject matter hereof and
supersede all prior and contemporaneous arrangements or understandings with
respect thereto.

     Section 13. Notices.

     All notices, requests, consents and other communications hereunder to any
party shall be deemed to be sufficient if contained in a written instrument
delivered in person or sent by telecopy, nationally-recognized overnight courier
or first class registered or certified mail return receipt requested, postage
prepaid, addressed to such party at the address set forth below or such other
address as may hereafter be designated in writing by such party to the other
parties:

                                       10
<PAGE>

              if to the Corporation, to:

                       Global Resource Corporation
                       Bloomfield Business Park
                       408 Bloomfield Dr. Unit 3,
                       West Berlin, New Jersey 08091
                       Attention:  Frank G. Pringle, CEO
                       Facsimile Number:

              if to the Investor, to:

                       Professional Offshore Opportunity Fund, Ltd.
                       ? Professional Traders Management, LLC
                       1400 Old Country Road, Suite 206
                       Westbury, New York 11590
                       Telephone:  516-228-0070
                       Fax:  516-228-8083
                       Attention:  Howard Berger

     All such notices, requests, consents and other communications shall be
deemed to have been delivered (a) in the case of personal delivery or delivery
by telecopy, on the date of such delivery, (b) in the case of dispatch by
nationally-recognized overnight courier, on the next business day following such
dispatch and (c) in the case of mailing, on the third business day after the
posting thereof.

     Section 14. Modifications; Amendments; Waivers.

     The terms and provisions of this Agreement may not be modified or amended,
nor may any provision be waived, except pursuant to a writing signed by the
Corporation and the holders of at least a majority of the Registrable Shares
then outstanding.

     Section 15. Counterparts.

     This Agreement may be executed in any number of counterparts, and each such
counterpart hereof shall be deemed to be an original instrument, but all such
counterparts together shall constitute but one agreement.

     Section 16. Headings.

     The headings of the various sections of this Agreement have been inserted
for convenience of reference only and shall not be deemed to be a part of this
Agreement.

     Section 17. Governing Law; Jurisdiction, Jury Waiver; Venue.

     (a) This Agreement shall be governed by and construed in accordance with
the laws of the State of New York applicable to contracts made and to be
performed wholly therein. No other state's law shall apply to any claim relating
to or arising from this Agreement or any transaction relating to this Agreement.
THE COMPANY AND THE INVESTOR CONSENT THAT ANY LEGAL ACTION OR PROCEEDING AGAINST
EITHER OF THEM UNDER, ARISING OUT OF OR IN ANY MANNER RELATING TO THIS
AGREEMENT, OR ANY OTHER INSTRUMENT OR DOCUMENT EXECUTED AND DELIVERED IN
CONNECTION HEREWITH SHALL BE BROUGHT EXCLUSIVELY IN ANY COURT OF THE STATE OF
NEW YORK OR IN THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW

                                       11
<PAGE>

YORK, IN EACH CASE, IN THE COUNTY OF NEW YORK. THE COMPANY AND THE INVESTOR, BY
THE EXECUTION AND DELIVERY OF THIS AGREMENT, EXPRESSLY AND IRREVOCABLY CONSENTS
AND SUBMITS TO THE PERSONAL JURISDICTION OF ANY OF SUCH COURTS IN ANY SUCH
ACTION OR PROCEEDINGS. THE COMPANY AND THE INVESTOR AGREE THAT PERSONAL
JURISDICTION OVER EITHER OF THEM MAY BE OBTAINED BY THE DELIVERY OF A SUMMONS
(POSTAGE PREPAID) IN ACCORDANCE WITH THE PROVISIONS OF SECTION 14 OF THIS
AGREEMENT. ASSUMING DELIVERY OF THE SUMMONS IN ACCORDANCE WITH THE PROVISIONS OF
SECTION 14 OF THIS AGREEMENT, THE COMPANY AND THE INVESTOR HEREBY EXPRESSLY AND
IRREVOCABLY WAIVE ANY ALLEGED LACK OF PERSONAL JURISDICTION, IMPROPER VENUE OR
FORUM NON CONVENIENS.

                                       12
<PAGE>

     IN WITNESS WHEREOF, the undersigned have executed and delivered this
Agreement as of the date first set forth above.

                                    GLOBAL RESOURCE CORPORATION

                                    By:___________________________
                                          Name:
                                          Title:

                                    PROFESSIONAL OFFSHORE OPPORTUNITY
                                    FUND, LTD.

                                    By:______________________________
                                          Name:
                                         Title:

                                       13

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