FIND/SVP, INC.
                           625 Avenue of the Americas
                            New York, New York 10011

                                                                 October 5, 1998

Mr. Peter Fiorillo
236 East Granada Avenue
Lindenhurst, NY 11757

Dear Peter:

       You and the undersigned,  FIND/SVP, Inc. (the "Company"),  have discussed
your  resignation as an officer,  director and employee of (a) the Company,  and
(b) the Company's subsidiaries ("Subsidiaries") (to the extent you serve therein
in any such  capacities),  for the convenience of the Company in connection with
the  implementation of its business plans. We have also discussed (w) the return
to the Company of (i) any and all stock  options (the "Stock  Options") you were
granted to  purchase  securities  of the  Company,  and (ii)  memoranda,  notes,
records and other documents  (collectively  "Documents") made or compiled by you
or made  available  to you during  the term of your  employment  concerning  the
business of the Company or any of the Subsidiaries (together, the Company"), (x)
your agreement,  for a period of time, (i) to maintain in confidence proprietary
and confidential  information of the Company,  (ii) not to compete with the core
business  of the  Company,  and  (iii)  not to  solicit  business  relations  or
employees of the Company to terminate their  relationship with the Company,  (y)
your  agreement  not to  disparage  the Company or its  officers,  directors  or
employees, and (z) your agreement to confer with the Company on matters in which
you were involved to allow an orderly and continuing transition.  When agreed to
and accepted by you, the following shall set forth our agreement with respect to
the foregoing matters.

       1.  RESIGNATION;  CANCELLATION  OF STOCK  OPTIONS;  RETURN OF  DOCUMENTS.
Simultaneously with the execution and delivery of this Agreement, you (a) hereby
resign  as  an  officer,  director  and  employee  of  the  Company  and,  where
applicable,  the  Subsidiaries,  and (b) are  delivering  to the Company (i) the
Stock Options (for  cancellation),  and (ii) the Documents.  With respect to the
Documents,  you  represent  and  warrant  to  the  Company  that  the  Documents
constitute  all of the  Documents in your  possession  or under your control and
that you have not retained any copies.

       2.  CONFIDENTIALITY;  NON-COMPETE;  NON-SOLICITATION.  For  a  period  of
two-years from the date hereof, you covenant and agree that:

          (a) You shall not use for  yourself  or others,  or divulge to others,
any proprietary or confidential  information of the Company obtained by you as a
result of your  employment,  unless  authorized by the Company.  For purposes of
this Section 2(a), the term "proprietary or confidential information" shall mean
all information which is known only to you


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<PAGE>

or to you and the  employees,  former  employees,  consultants,  or  others in a
confidential relationship with the Company, and relates to specific matters such
as trade secrets,  customers,  potential  customers,  vendor lists,  pricing and
credit  techniques,  research and  development  activities,  private  processes,
business  plans,  technical  information,  books  and  records,  and  any  other
information which the Company is obligated to keep confidential  pursuant to the
Company's contractual  obligations to third parties, as they may exist from time
to time,  which you may have  acquired or obtained by virtue of work  heretofore
performed  for or on  behalf  of the  Company,  or which  you may have  acquired
knowledge  of during the  performance  of said  work,  and which is not known to
others or  readily  available  to others  from  sources  other than you or other
employees of the Company, or is not in the public domain.

          (b) In light of the unique and valuable  services you have rendered to
the  Company,  your  knowledge  of the  business of the Company and  proprietary
information  relating to the  business  of the  Company  and  similar  knowledge
regarding  the Company you have  obtained  during the course of your  employment
with the Company,  and in consideration of this Agreement,  you will not compete
with the Company's Quick Consulting and Research Service business,  or, directly
or indirectly,  own, manage, operate,  control, loan money to, or participate in
the  ownership,  management,  operation or control of, or be connected with as a
director, officer, employee, partner, consultant,  agent, independent contractor
or  otherwise,  or acquiesce  in the use of your name in, any other  business or
organization  which  competes with the Company's  Quick  Consulting and Research
Service  business  in any  geographical  area  in  which  the  Company  is  then
conducting business.

          (c) You will not,  directly or indirectly,  either  individually or on
behalf of any other person or entity (i) solicit customers,  suppliers, or other
business  relations  of the  Company  for the  purpose  of  interfering  with or
encouraging  them to terminate  their  relationship  with the  Company,  or (ii)
encourage other  employees  (full-time or part-time) of the Company to terminate
their employment with the Company.

       It is  acknowledged  and agreed that the  restrictions  contained in this
Section 2, including without  limitation,  the time periods and the geographical
areas of the  restrictions,  are fair and  reasonable  for the protection of the
goodwill,  the  business,  and the  interests  of the Company and its  officers,
directors,  and  other  employees.  It is the  desire  of both  of us  that  the
provisions of this Section 2 shall be enforced to the fullest extent permissible
under  the  laws and  public  policies  applied  in each  jurisdiction  in which
enforcement is sought.  Accordingly, if any particular provision of this Section
2 shall be adjudicated to be invalid or  unenforceable,  such provision shall be
deemed amended to delete therefrom the portion thus adjudicated to be invalid or
unenforceable.  Such deletion  shall apply only with respect to the operation of
such  provisions of this Section 2 in the particular  jurisdiction in which such
adjudication is made. In addition,  if the scope of any restriction contained in
this Section 2 is too broad to permit enforcement thereof to its fullest extent,
then such restriction  shall be enforced to the maximum extent permitted by law,
and you hereby  consent and agree that such scope may be judicially  modified in
any proceeding brought to enforce such restriction.


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<PAGE>

       In the event of a breach or threatened breach by you of the provisions of
this Section 2, the Company  shall be entitled to an  injunction  and such other
equitable  relief as may be necessary  or desirable to enforce the  restrictions
contained  herein  without  being  required  to post any  bond.  Nothing  herein
contained  shall be construed as prohibiting the Company from pursuing any other
remedies  available for such breach or threatened  breach or any other breach of
this Agreement.

          3. NON-DISPARAGEMENT. You agree not to disparage the Company or any of
its current officers, directors or employees in any way whatsoever.

          4.  COOPERATION.  On reasonable  notice,  you agree to confer with the
Company,  at its request,  on matters of  importance  in which you were involved
during the term of your  employment with the Company for the purpose of enabling
the Company to accomplish an orderly and  continuing  transition.  When possible
and practical such conference may be by telephone. Without your consent thereto,
the time involved  shall not exceed three hours in any one week during the first
six months after the date hereof nor one hour in any one week  thereafter  for a
period ending two years from the date hereof.

       5.  CONSIDERATION  TO BE PAID BY THE  COMPANY.  In  consideration  of the
covenants,  agreements,  representations and warranties contained in Sections 1,
2, 3 and 4 hereof, the Company agrees:

          (a) For a period of two-years from the date hereof,  to pay to you (or
your estate in the event of your death), in accordance with the Company's normal
payroll  procedures for executives of the Company,  an amount equal to two-years
worth of salary at your current rate of remuneration (an aggregate of $380,000).

          (b) To  pay  to  you,  in  accordance  with  the  Company's  customary
practices,  a bonus of $30,000  as the pro rata  portion of that which you would
have  received  had you been in the employ of the Company on December  31, 1998.
You acknowledge  that the Company has advanced to you certain expenses for which
you have not turned in expense reports. You agree to turn in the expense reports
within  the next 30 days,  and that,  to the  extent the  advances  exceed  such
reports,  the  Company  may offset the  advances  against the payment due to you
hereunder.

          (c) To  reimburse  you for or to pay on  your  behalf,  to the  extent
currently  being paid for by the Company on your behalf,  (i) for a period of up
to two-years from the date hereof, the cost of existing medical, dental and life
insurance  (it being  understood  that (A) with  respect to  medical  and dental
insurance,  the Company's  obligation shall cease upon your obtaining employment
elsewhere and having such benefits available to you and qualifying for the same,
and (B) with respect to the life  insurance,  (1) the cash surrender value shall
be used to pay premiums and (2) you shall have the right at any time to buy such
policy (or policies, if there is


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<PAGE>

more than one such  policy in which your  designee  is named as  beneficiary)  -
which  would  end the  Company's  obligation  to pay  premiums  thereon - by the
payment  of the cash  surrender  value  thereof to the  Company),  (ii) for such
period  of time as  remains  on the  lease  for the car  provided  to you by the
Company,  the cost of such lease and insurance  thereon (it being understood and
agreed that the actual  lease will be  transferred  to you, if  possible),  and,
(iii) for a period of three  months  from the date  hereof,  the cost of a voice
mail box at the Company.

          (d) That you may keep the personal  computer that was utilized in your
office at the Company and hereby  assigns and  transfers  to you its full right,
title and interest therein.

          (e) To pay directly,  within 30 days after receipt of a bill therefor,
reasonable  legal fees incurred by you in connection with this letter  agreement
and the predecessor termination agreement prepared by your attorney,  which fees
will not exceed $7,500.

          (f) To  reimburse  you, or pay  directly,  for  employment  consulting
services  from Lee Hecht  Harrison of New York City (or such other agency as you
may wish to use) for a period of one-year from the date hereof or until you find
new employment, whichever event occurs first, up to a maximum amount of $25,000.

          A breach by you of any of the covenants,  agreements,  representations
and  warranties  contained in Sections 1, 2, 3 or 4 hereof,  which breach is not
cured  within  seven  days after  notice  thereof is given to you (10 days where
notice is given by United States mail),  shall render any continuing  obligation
of the Company  hereunder null and void.  Once notice is given with respect to a
given  breach  and such  breach  is cured,  the  commitment  of the same  breach
thereafter shall not be subject to cure.

       6.  INDEMNIFICATION.  The Company will continue to indemnify you for your
role as an officer and director of the Company to the fullest  extent  available
under  the  laws  of the  State  of  New  York  consistent  with  the  Company's
certificate  of  incorporation  and by-laws  and to the full extent  offered and
provided to other directors and officers of the Company.

       7. NON-DISPARAGEMENT BY THE COMPANY;  REFERENCES.  The Company agrees not
to disparage you in any way whatsoever. The Company agrees to provide references
for any positions of which you are a candidate, stating as follows: the dates of
your  employment by the Company,  your job title and  responsibilities  and your
participation  in  the  Company's   accomplishments  during  the  term  of  your
employment.

       8. PRESS  RELEASE.  The  Company  will issue a press  release in a timely
manner  following its Board of Directors  meeting on October 5, 1998 concerning,
among other things, your resignation as an officer, director and employee of the
Company.  To the extent such release makes reference to you, it shall be in form
and  substance  reasonably  acceptable  to you and the  Company  and may include
Company milestones in which you participated.


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<PAGE>

        9. MUTUAL RELEASES.

          (a) You hereby  release the Company  and its  subsidiaries,  officers,
directors  and  employees  from any and all claims,  liabilities,  promises  and
agreements   whatsoever   ("Claims")   which  you  or  your  heirs,   executors,
administrators,  representatives or assigns ever had, now have or hereafter can,
shall  or may  have  for,  upon,  or by  reason  of any  matter,  cause or thing
whatsoever  from the  beginning of time to the date hereof;  provided,  however,
that this release shall not apply to and in no way shall affect any Claims under
this Agreement.

          (b) The  Company,  on behalf of itself  and each of its  subsidiaries,
hereby  releases  you  from  any  and  all  claims,  liabilities,  promises  and
agreements  whatsoever  ("Claims")  which  any of them or  their  successors  or
assigns ever had, now have or hereafter  can, shall or may have for, upon, or by
reason of any matter,  cause or thing  whatsoever  from the beginning of time to
the date hereof; provided,  however, that this release shall not apply to and in
no way shall  affect any Claims  under this  Agreement  or,  arising  out of any
wilfully intended fraudulent or unauthorized acts on your part.

      10. MISCELLANEOUS.

          (A)  NOTICES.  Any  and  all  notices,   demands,  requests  or  other
communication required or permitted by this Agreement or by law to be served on,
given to, or delivered to any party hereto by any other party to this  Agreement
shall be in writing and shall be deemed duly served,  given,  or delivered  when
personally  delivered to the party to be notified,  or in lieu of such  personal
delivery,  when  deposited in the United  States mail,  registered  or certified
mail,  return receipt  requested,  or when confirmed as received if delivered by
overnight courier,  addressed to the party to be notified, at the address of the
Company at its  principal  office,  as first set forth  above,  or to you at the
address as first set forth above.  The Company or Peter  Fiorillo may change the
address in the manner  required by law for purposes of this  paragraph by giving
notice  of  the  change,  in the  manner  required  by  this  paragraph,  to the
respective parties.

          (B) AMENDMENT.  This Agreement may not be modified,  changed, amended,
or  altered   except  in  writing   singed  by  you  or  your  duly   authorized
representative, and by the Company.

          (C) GOVERNING LAW. This  Agreement  shall be interpreted in accordance
with the laws of the State of New York.  It shall inure to the benefit of and be
binding upon the Company, and its successors and permitted assigns, and you, and
your heirs,  executors,  administrators and other  representatives.  This letter
Agreement  may not be assigned  by you.  This  Agreement  may be assigned by the
Company  only  in  connection  with  the  sale  or  other  transfer  of  all  or
substantially  all of the its  assets and  business  and the  assumption  of the
Agreement by the party to whom the same is sold or transferred.


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<PAGE>

          (D) ATTORNEYS' FEES. Should any litigation or arbitration be commenced
between  the  parties  to  this  Agreement  concerning  any  provision  of  this
Agreement,  the  expense  of all  reasonable  attorneys'  fees and  other  costs
incurred in connection therewith shall be paid by the losing party.

          (e) ENTIRE  AGREEMENT.  This Agreement  constitutes  the sole and only
agreement of the parties hereto respecting the subject matter hereof.  Any prior
agreements,  promises,  negotiations,  or representations concerning its subject
matter not  expressly  set orth in this  Agreement,  are of no force and effect.
Without limiting the generality of the foregoing,  this Agreement supersedes and
renders null and void that certain letter  agreement,  dated September 24, 1998,
by and among you, the Company and SVP SA.

          (f)  COUNTERPARTS.  This Agreement and any certificates  made pursuant
hereto,  may be executed in any number of counterparts  and when so executed all
of such  counterparts  shall  constitute  a single  instrument  binding upon all
parties  hereto  notwithstanding  the fact that all parties are not signatory to
the original or to the same counterpart.

          (g) SECTION HEADINGS.  The Section headings used in this Agreement are
for  reference  purposes  only,  and  should  not be  used  in  construing  this
Agreement.

                                                              Very truly yours,

                                                              FIND/SVP, INC.

                                                    By:-------------------------
                                                     Andrew P. Garvin, President

AGREED TO AND ACCEPTED:

---------------------------
   Peter Fiorillo

          To  induce  Peter   Fiorillo  to  enter  into  this   Agreement,   the
undersigned,   SVP,  SA,  hereby  guarantees  the  obligations  of  the  Company
hereunder,  but only to the extent that the Company is financially  incapable of
satisfying its obligations  hereunder.  In connection  with the  satisfaction of
this  limited  guarantee,  SVP,  SA shall not be entitled to any set-off for any
obligation  which Peter  Fiorillo  may have to SVP, SA (but shall be entitled to
any set-off for any  obligation  which Peter  Fiorillo may have to the Company).
This guarantee may be proceeded upon by Peter Fiorillo  before taking any action
against the Company or after action against the Company has been commenced.  Any
action commenced  against SVP, SA under this limited guarantee must be 


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commenced by appropriate service of process in France on  an officer or director
of SVP, SA and venue for any legal action shall reside solely in France.

                                                    SVP  SA

                                                    By:-------------------------


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