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                                                                EXHIBIT 10.11


                        Release and Covenant Not to Sue

         This Release and Covenant Not to Sue ("Release") is entered into this
30th day of April 1997, by and between Lou Nagy ("Employee") and Florists'
Transworld Delivery, Inc. ("Employer"), and is intended to clarify and amicably
resolve any and all matters relative to any relationship between Employee and
Employer, including the employment relationship and the separation from
employment based upon the following:

         1.       Effective April 30, 1997, the employment relationship between
                  Employer and Employee shall be terminated.

         2.       Employer agrees to pay and provide the following benefits to 
                  Employee to which Employee is not otherwise entitled under 
                  any policy, custom, plan or practice of Employer:

                  a.       Salary continuation for the twelve (12) month time 
                           period from May 1, 1997 through April 30, 1998  or
                           the date that Employee obtains any full time
                           employment, whichever is earlier ("Salary
                           Continuation Period"), subject to mitigation as set
                           forth in Paragraph 2.b.  below.

                  b.       In the event that Employee obtains any part time or 
                           temporary employment during the Salary
                           Continuation Period, Employee shall submit to
                           Employer bi-monthly Certifications Regarding
                           Continued Separation Payments, in the form of
                           Attachment 1 hereto, regarding compensation received
                           by Employee for such employment, and Employee's
                           salary continuation will be reduced by the amount of
                           100% of the compensation received by Employee for
                           such employment; provided, however, that in the
                           event Employee works as a consultant or independent
                           contractor during the Salary Continuation Period,
                           Employee's salary continuation will be reduced only
                           by the amount of 100% of the compensation received
                           therefrom in excess of $25,000.  Employee agrees
                           that he has a duty to use reasonable efforts to find
                           employment and will make such efforts and supply the
                           required Certifications.

                  c.       Continuation of the group medical, dental and vision 
                           coverage provided by Employer to its employees
                           during the Salary Continuation Period.  All
                           other benefits and coverages will cease effective
                           midnight April 30, 1997. Employee is eligible to
                           purchase continuation coverage after the Salary
                           Continuation Period, and enclosed is the information
                           concerning COBRA coverage.





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                  d.       Professional outplacement services provided by 
                           Keystone Associates or another provider mutually
                           agreed upon, not to exceed to a total of $10,000.

         3.       Employee will also be paid all accrued and unused vacation 
                  days earned as of April 30, 1997, to be paid in a lump sum in
                  the next payroll cycle. Employee will not continue to
                  accrue any additional vacation days during the Salary
                  Continuation Period.

         4.       In return for the consideration set forth in Paragraph 2 
                  above, Employee on behalf of himself, his heirs, legal
                  representatives, agents and assigns, covenants not to
                  sue and releases, waives and forever discharges Employer, FTD
                  Corporation, their parents, subsidiaries, board members,
                  employees, agents and related entities from all claims and
                  causes of action of any kind or nature, in law, in equity or
                  administrative proceedings, based upon the employment of
                  Employee or the separation thereof, including by way of
                  illustration and not of limitation, any claim of breach of an
                  express or implied contract, wrongful discharge,
                  discrimination of any kind, violation of Title VII of the
                  Civil Rights Act of 1964, the Age Discrimination in
                  Employment Act, and any and all other claims of tortuous
                  conduct, state or federal statutory violation, breach of
                  contract, whether known or unknown, arising from any cause
                  whatsoever, up to the date of the signing of this Release. 
                  Nothing contained in this paragraph shall operate to release
                  or discharge Employer, its successors or assigns from any
                  claims arising out of the breach by Employer of any of its
                  obligations under this Release.

         5.       Employee agrees that he will keep the terms of this Release
                  confidential and will not disclose its terms to anyone
                  without prior written consent of Employer, except in response
                  to a lawful subpoena compelling Employee to provide
                  such information to a court, administrative body or law
                  enforcement agency, provided that Employee notifies Employer
                  upon receipt of the subpoena and prior to disclosing such
                  information.  Notwithstanding anything contained in this
                  paragraph to the contrary, Employee may disclose the terms of
                  this Release to his attorney, accountant or financial
                  advisor.
        
         6.       Employee agrees that he will not apply or seek re-employment 
                  with Employer in the future, and has no rights to recall and 
                  re-employment.

         7.       Employee agrees that he will make reasonable efforts to assist
                  Employer and its affiliates in the conduct and defense of any
                  litigation, administrative proceeding or arbitration. 
                  Employer agrees to reimburse Employee for all reasonable
                  expenses by the Employee as a result of Employee assisting
                  Employer in connection therewith.  Employee agrees that he
                  will not discuss, comment or give or prepare any writing
                  involving any issue arising out of any litigation,
                  administrative proceeding, or arbitration in which Employer
                  or any of its affiliates is or shall become involved without
                  first having been so authorized by Employer's President or
                  Legal Counsel in writing or by virtue of process issued by a
                  court of competent jurisdiction or an 




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                  administrative agency.  In the event that Employee is
                  issued process by a court of competent jurisdiction, Employee
                  will immediately inform Employer's President and its Legal
                  Counsel, and if requested, make reasonable efforts to meet
                  Employer and/or its Legal Counsel prior to discussing,
                  testifying, commenting, giving or preparing any writing in
                  which Employer is involved.

         8.       Employee agrees that he will not denigrate or make any 
                  disparaging remarks concerning Employer, FTD Corporation or
                  any of their current or former board members, officers,
                  members or employees.  Employer agrees to respond to
                  any reference information requested by providing a written
                  letter of reference in the form attached hereto.

         9.       During the Salary Continuation Period and thereafter, 
                  Employee agrees not to disclose or make available to any
                  other person or entity, other than disclosures to the extent
                  required by law or made with the express written      
                  permission of Employer, any knowledge or information of any   
                  type whatsoever of a confidential or proprietary nature to
                  Employer, including, without limitation, any such information
                  which relates to any of its affiliates or any existing or
                  prospective customers, member florists or vendors of
                  Employer, which you may have acquired before or during your
                  employment with Employer or may acquire during the Salary
                  Continuation Period.

         10.      Employee agrees that, until April 30, 1998, he will not, 
                  without the prior written consent of Employer:  (a) own any
                  material interest in, operate, join, control or
                  participate as an employee, consultant or otherwise in, any
                  entity engaged in any business in competition with the
                  principal businesses of Employer and its affiliates
                  (including, without limitation, retail florists' business
                  services, floral order transmission and related network
                  services and development and distribution of branded floral
                  products) in the United States of America or Canada; (b)
                  induce or attempt to persuade any actual or prospective
                  customers, suppliers or member florists to curtail or cancel
                  or refuse to do business with Employer or its affiliates; and
                  (c) induce or attempt to persuade any employee or agent of
                  Employer or its affiliates to terminate such employment or
                  agency.


         11.      Employee acknowledges that he has received Exhibit A which is
                  attached to this Release and which includes information
                  relative to the reduction in the work force the Employer is
                  currently undertaking.

         12.      Employee acknowledges and agrees that he has thoroughly 
                  reviewed and understands all the provisions of this Release,
                  and that it is being entered into voluntarily.  Further,
                  Employee acknowledges that he has been advised in writing to
                  consult with an attorney of his choice prior to executing
                  this Release.




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         13.      Employee acknowledges and agrees that he has had an 
                  opportunity to consider and review this written
                  Release for at least 45 days prior to signing it and has
                  signed this Release of his own free act and deed, for good
                  and valuable consideration, to which he is not otherwise
                  entitled.

         14.      Employee may revoke this Release for a period of 7 days 
                  following the execution of this Release, and this Release
                  shall not become effective or enforceable until the 7-day
                  revocation period has expired.

         15.      Employee further agrees the consideration for this Release is
                  sufficient and waives any claim to lack of sufficiency of 
                  the consideration.

         16.      This Release represents the entire agreement between Employer
                  and Employee.  There are no other oral or written promises
                  which have been made to Employee.  Employee agrees and
                  acknowledges that he has not made and will not make an
                  assignment of any claims which are being released or
                  discharged by this Release.  This Release can only be
                  modified in writing and signed by the parties.

         17.      Employee acknowledges and agrees that any breach by you of the
                  provisions of this agreement, including, without limitation,
                  the provisions of paragraphs 7, 8, 9 and 10, would cause
                  Employer irreparable injury and that money damages would not
                  provide Employer an adequate remedy.  Employee, therefore,
                  agrees that, in the event of any such breach, in addition to
                  any other remedies available to Employer, Employer shall be
                  entitled to injunctive relief from any court of competent
                  jurisdiction without the necessity of proving actual damages
                  or posting a bond therefor.





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         18.      This Release shall be governed by the laws of the State of 
                  Michigan.



                                        Signed by:

                                        /s/ Lou Nagy
                                        --------------------------------------
                                        Lou Nagy


                                        Dated:  April 30, 1997



                                        Florists' Transworld Delivery, Inc.



                                        By: /s/ Scott D. Levin
                                           -----------------------------------
                                           Scott D. Levin

                                        Its:    Vice President

                                        Dated:  April 30, 1997





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