Exhibit 10.16

                                                                  EXECUTION COPY

                              FINE HOST CORPORATION
                             3 Greenwich Office Park
                          Greenwich, Connecticut 06831


                                                            as of March 18, 1998

Mr. Randy B. Spector
6 Barn Swallow Drive
Westport, Connecticut 06880

Re:      Separation and Consulting Agreement

Dear Randy:

                  This letter shall  constitute  the  Separation  and Consulting
Agreement  (the  "Agreement")   between  you  and  Fine  Host  Corporation  (the
"Company").  Upon your  execution of this Agreement and failure to revoke within
the seven-day  period  described in Section B.10 hereof,  this  Agreement  shall
replace  any and all  prior  employment  arrangements  you may have had with the
Company.  The effective date of this Agreement shall be the eighth day following
your execution of this Agreement (the "Effective  Date"),  provided you have not
revoked this Agreement prior to such date.

                  A.  In  consideration of your  execution of this Agreement, on
and as of the Effective Date:

                  1. (a) The Company agrees to retain you as a consultant to the
Company for a term  commencing  on April 1, 1998 and  terminating  on October 1,
1998 (the "Consulting Term"). During the Consulting Term, you shall, as and when
reasonably  requested by the Chief Executive Officer of the Company from time to
time, act as a consultant and render assistance and participation, giving at all
times the full  benefit of your  knowledge,  expertise  and  background,  in all
matters  involved  in or  relating  to the  business  of  the  Company  and  its
subsidiaries.  You shall report directly to the Chief  Executive  Officer of the
Company.  In no event shall you be deemed, or be obligated to perform duties as,
a manager or  executive  of the  Company or any of its  subsidiaries.  You shall
devote up to a monthly  average of thirty  (30)  hours per week to the  Company,
such days and times as shall be  determined  by you and the  Company;  provided,
however, that (i) you shall be entitled to take two weeks of vacation during the
Consulting  Term,  (ii) you shall not be required to work on weekends  and (iii)
you shall not be required to travel  during more than 25% of the time you devote
to the Company.  In consideration for your consulting  services  hereunder,  you
shall receive a fee of $17,916.67 per month for each month during the Consulting
Term,  payable on the first day of each month beginning April 1, 1998 and ending
on September  1, 1998.  You shall be  reimbursed  for  reasonable  out-of-pocket
expenses incurred by you in connection with consulting  services;  provided that
such expenses  shall not exceed $250 without the prior  written  approval of the
Company.  Such expenses shall be reimbursed  promptly  following  receipt by the
Company of expense reports with accompanying supporting  documentation in detail
reasonably acceptable to the Company.

                  (b) You shall be entitled to terminate the Consulting  Term at
any time upon 14 days' written  notice to the Company.  Effective as of the date
of such  termination,  the Severance  Period (defined  below) shall  immediately
commence, and you shall no longer be obligated under Section B.1 or B.2 hereof.

                  2.  The  Company   agrees  to  pay  you   severance   for  the
twelve-month  period  immediately  following the Consulting Term (the "Severance
Period")  in the  amount  of  $17,916.67  per month for each  month  during  the
Severance  Period,  payable on the first day of each month;  provided,  however,
that in the event you are  employed on a  full-time  basis at any time after the
Consulting Term (including as a sole proprietor), the Company's obligation shall
hereunder  shall be reduced  on a dollar  for dollar  basis by the amount of any
salary or bonus paid to you or earned by you during the Severance Period.

                  3. The Company shall pay at your  request  up to  $20,000  for
outplacement services, upon presentation of appropriate documentation therefor.

                  4. Upon your request, the Company will withhold from your last
paycheck as an employee of the  Company  (which will be  delivered  on March 30,
1998) such amount as you may request,  which amount shall be contributed on your
behalf to the Company's 401(k) plan (the "Plan");  provided,  however, that such
amount  shall  not  exceed  the  amount  of  such  paycheck  after   appropriate
withholding  for taxes or the maximum amount  permitted to be contributed by you
to the Plan under  applicable  law. During the Consulting Term and the Severance
Period,  the Company shall pay all premiums that would  otherwise be required of
you to obtain the same medical coverage as in effect for you and your dependents
immediately  prior  to  the  Effective  Date  in  accordance  with  the  federal
Consolidated  Omnibus Budget  Reconciliation  Act of 1985, as amended ("COBRA"),
subject only to your timely election to continue medical coverage through COBRA;
provided,  that the Company shall have no obligation to pay such premiums beyond
the expiration of the  Consulting  Term and the Severance  Period;  and provided
further,  that the Company  shall not be  required  to pay such  premiums in the
event you  accept  employment  with any  corporation  or other  entity  and such
corporation  or  other  entity  provides  you  with  medical  coverage  on terms
substantially  similar to the benefits  provided to you by the Company.  You may
continue  to use the  Company  car  currently  provided  to you only  during the
Consulting Term and shall promptly  deliver the Company car as instructed by the
Company  following the end of the Consulting  Term, it being  understood that in
the event you terminate the Consulting Term pursuant to Section A.1(b),  the car
shall be returned as of the date of such  termination.  You shall be responsible
for all costs  associated  with the Company car other than the lease payment and
insurance  costs,  including  without  limitation  gas  (except  to  the  extent
reimbursable  by the  Company in  connection  with  mileage you incur on Company
business) and maintenance costs.

                  5. All of your options to purchase common stock of the Company
under the Company's Amended and Restated 1994 Stock Option Plan (as amended, the
"Plan") will fully vest as of the Effective  Date and,  pursuant to the terms of
the Plan,  you shall be entitled to  exercise  such  options for a period of ten
years  following  the date of grant.  Schedule A hereto sets forth the number of
options  held by you,  the grant and  expiration  dates for such options and the
exercise price therefor.

                  6. The  Company  shall  indemnify  you to the  fullest  extent
permitted under Section 145 of the Delaware General Corporation Law (the "DGCL")
and shall advance  expenses to you in  accordance  with  subsection  (e) thereof
subject to Section B.7 hereof.

                  7. With a view to making  available  the  benefits  of certain
rules  and   regulations  of  the  Securities  and  Exchange   Commission   (the
"Commission")  which may permit the sale of restricted  securities to the public
without registration, the Company agrees to:

                  (a) make and keep public information  available as those terms
         are  understood  and  defined  in  Rule  144  ("Rule  144")  under  the
         Securities Act of 1933, as amended (the "Securities Act");

                  (b)  use  its  reasonable   best  efforts  to  file  with  the
         Commission in a timely manner all reports and other documents  required
         of the Company under the Securities Act and the Securities Exchange Act
         of 1934; and

                  (c) furnish to you upon  request,  a written  statement by the
         Company as to its compliance  with the reporting  requirements  of Rule
         144,  and  such  other  reports  and  documents  so  filed  as you  may
         reasonably  request in availing  yourself of any rule or  regulation of
         the  Commission  allowing  you to  sell  any  such  securities  without
         registration.  The  provisions  of this Section A.7 shall  terminate at
         such time as you are eligible to sell the shares of Common Stock of the
         Company owned by you pursuant to Rule 144(k) under the Securities Act.

                  8. To the extent permitted by applicable law, the Company will
withhold  state and federal taxes from the amounts to be paid to you pursuant to
Sections A.1 and A.2 hereof.

                  B. In  consideration  of the  above-referenced  payments   and
benefits,  you agree as follows:

                  1. During the Consulting  Term,  except with the prior written
consent of the Company, you shall not (whether as an officer,  director,  owner,
employee, consultant, partner or other direct or indirect participant) engage in
any  Competitive  Business.  "Competitive  Business" shall mean the provision of
contract food  services.  For such period,  you shall also not  interfere  with,
disrupt or  attempt  to disrupt  the  relationship,  contractual  or  otherwise,
between the  Company  and any of its  subsidiaries  and any  account,  customer,
supplier or employee of the Company or any of its subsidiaries.

                  2. During the Consulting  Term,  except with the prior written
consent of the Company,  you will not, directly or indirectly,  employ,  solicit
for  employment,  or advise or recommend to any other person that they employ or
solicit for employment, any person employed at the time by the Company or any of
its subsidiaries.

                  3. Not later than the  Effective  Date,  you shall execute and
deliver  to the  Company a letter  of  resignation  pursuant  to which you shall
resign as President  and Chief  Operating  Officer and a director of the Company
and  as  an  officer  and/or  director  of  any  subsidiaries  of  the  Company,
substantially in the form of Exhibit A hereto.

                  4.  Promptly (and in any event within 28 days of the Effective
Date) after the  Effective  Date,  you agree to  transfer to the Company  11,873
shares of common stock of the Company owned by you in full  satisfaction of that
certain Amended and Restated  Promissory  Note,  dated June 25, 1996 from you to
the Company (the  "Note"),  in the principal  amount of $74,208.  To effect such
transfer,  you  shall  deliver  certificates  for  such  shares,  together  with
appropriate  instruments  of transfer duly executed by you. Upon such  transfer,
the Company shall return to you the Note, marked "Cancelled."

                  5. It is understood  that during the course of your consulting
you may be exposed to material  and  information  which is  confidential  to the
Company. All such material and information, whether tangible or intangible, made
available,  disclosed  or  otherwise  known to you as a result of your  services
under this  Agreement  or by reason of your prior  employment  with the Company,
shall be considered the sole property of the Company,  shall be used by you only
for the  benefit  of the  Company  during the  Consulting  Term and shall not be
disclosed to others except with the Company's prior approval. This obligation of
confidentiality   shall  survive  the  termination  of  this   Agreement.   Upon
termination of the Consulting  Term, you shall promptly return all material data
and  documents  which you may then have in your  possession  as a result of your
services under this Agreement.

                  6. It is  understood  that your status  during the  Consulting
Term shall be that of independent contractor and not of agent or employee of the
Company.  In this  connection,  you will not, except as otherwise  expressly set
forth in this Agreement,  be entitled to any employee  benefits from the Company
as a result  of this  Agreement  or the  services  rendered  under  it.  Without
limiting the generality of the  foregoing,  you shall not be entitled to receive
any benefit  pursuant to the Company's 1997 Long-Term  Incentive Plan, any bonus
plan or  arrangement  or,  except as expressly set forth in Sections A.5 hereof,
any stock-based compensation program.

                  7. You agree to repay all fees and severance  payments made to
you  under  this  Agreement  and  that  the  Company's  obligations  under  this
Agreement,  including  without  limitation the payment of fees and severance and
the provision of benefits,  shall  immediately  cease if it shall  ultimately be
determined  that  you are not  entitled  to be  indemnified  by the  Company  as
authorized  in  Section  145 of the DGCL.  In  addition,  you agree to repay any
amounts advanced to you or on your behalf pursuant to Section A.6 or pursuant to
the  Company's  Restated  Certificate   Incorporation  or  Bylaws  if  it  shall
ultimately  be  determined  that you are not entitled to be  indemnified  by the
Company in accordance with Section 145 of the DGCL.

                  8. You hereby waive any and all rights to sue the Company, and
any  subsidiaries and affiliates,  and their past,  present and future officers,
directors,  employees and agents based upon any act or event  occurring prior to
the Effective Date.  Without  limitation,  you specifically  release the Company
from   any   and   all   claims   based   on   discrimination    under   federal
anti-discrimination  laws  such as Title VII of the Civil  Rights  Act,  the Age
Discrimination in Employment Act and any and all federal,  state and local laws.
However,  you are not  giving  up your  right to  appeal a denial of a claim for
benefits  submitted  under the medical,  dental,  life  insurance or  disability
income programs maintained by the Company.  Further,  you are not giving up your
right to file for unemployment insurance benefits at the appropriate time if you
so choose, and your signing of this release will not affect your rights, if any,
to coverage by Worker's Compensation insurance.

                  9. You hereby  waive any and all rights you have  pursuant  to
the  Registration  Rights  Agreement,  dated as of June 25,  1996,  between  the
Company and you and certain other stockholders. You acknowledge that the Company
has no  obligation to keep any  registration  statement in effect on your behalf
and that any sales of common  stock of the Company by you must be made  pursuant
to Rule 144 under the Securities Act, or a valid exemption from the registration
requirements of the Securities Act.

                  10.  You will  have  twenty-one  (21)  days  from the date you
receive this Agreement  (including the release contained herein) to consider and
sign.  If you do not sign and return this  Agreement  within such 21 day period,
the Company  will  consider  your action a refusal to sign,  and you will not be
entitled to the consideration  described above. If you do sign this document, it
will not be effective for a period of seven days  thereafter,  during which time
you can change your mind and revoke your  signature.  To revoke your  signature,
you must notify the Company in writing  within seven days of the date you signed
it. In the event you  revoke  your  signature  you will not be  entitled  to the
consideration described above.

                  11.      This Agreement shall be binding on the successors and
 assigns of the parties hereto.

                  Finally,  you are  reminded of the  continuing  nature of your
obligation  to  maintain  in  confidence  and  not to  make  use of  information
concerning the Company's business or affairs of any nature that is not otherwise
a matter  of  public  record,  including  without  limitation  the terms of this
Agreement.  This  obligation  continues after the termination of your employment
and after  termination of the Consulting Term.  Unless disclosure is required by
applicable  law or regulation  (including  regulations of the  Commission),  the
Company will keep the terms of this Agreement confidential.



<PAGE>


                  Please  acknowledge your understanding of and agreement to the
provisions of this Agreement by signing and dating the statement below.

Very truly yours,




/s/ Gerald P. Buccino
Gerald P. Buccino
President and Chief Executive Officer
Fine Host Corporation



MY SIGNATURE BELOW ACKNOWLEDGES THAT I HAVE READ THE ABOVE, UNDERSTAND WHAT I AM
SIGNING AND AM ACTING OF MY OWN FREE WILL. I UNDERSTAND THAT IF ANY PROVISION OF
THIS AGREEMENT IS FOUND TO BE INVALID OR  UNENFORCEABLE,  IT WILL NOT AFFECT THE
VALIDITY  OR  ENFORCEABILITY  OF ANY OTHER  PROVISION.  I  UNDERSTAND  THAT THIS
AGREEMENT  AND  ITS  TERMS   REPLACE  IN  ALL  RESPECTS  ANY  PRIOR   EMPLOYMENT
ARRANGEMENTS  I MAY HAVE HAD  WITH  THE  COMPANY.  I  FURTHER  AGREE  THAT  THIS
AGREEMENT WILL BE GOVERNED BY THE LAWS OF THE STATE OF NEW YORK. THE COMPANY HAS
ADVISED ME TO CONSULT  WITH AN  ATTORNEY,  AND I HAVE DONE SO,  PRIOR TO SIGNING
THIS AGREEMENT.



SIGNATURE: /s/ Randy B. Spector             DATE 3/18/98
                  RANDY B. SPECTOR





<PAGE>



                                                                       EXHIBIT A


                                   Resignation



         I  hereby  resign  as (i) a  director  of Fine  Host  Corporation  (the
"Company"),  (ii) a member of any  committee  of the Board of  Directors  of the
Company and (iii) an officer or director  of the Company and any  subsidiary  of
the Company, in each case effective March 10, 1998.





                                                                _______________
                                                                Randy B. Spector




<PAGE>



0410198.07


                                   Schedule A


Number of Options   Grant Date   Expiration Date    Exercise Price

        5,750         11/1/94       11/1/2004            $6.43

       22,000         6/19/96       6/19/2006           $12.00

        7,500         1/7/97        1/7/2007            $20.75

       75,000         5/23/97       5/23/2007           $27.31