Exhibit 10.8

                           DEFERRED PAYMENT AGREEMENT
                           --------------------------


         DEFERRED PAYMENT AGREEMENT (this "Agreement"), dated as of October 21,
1999, by and among INTERNATIONAL FAST FOOD CORPORATION, a company organized
under the laws of the State of Florida, United States ("IFFC"), INTERNATIONAL
FAST FOOD POLSKA S.P. zo.o., a Polish limited liability company organized under
the laws of Poland ("IFFP"), and BURGER KING CORPORATION, a company organized
under the laws of State of Florida, United States ("BKC").

         WHEREAS, IFFC is the owner of all the issued and outstanding shares
(the "IFFP Shares") of IFFP;

         WHEREAS, on February 24, 1999, Citibank (Poland) S.A. ("Citibank")
agreed to provide credit to IFFP in the aggregate amount of U.S. $5,000,000,
pursuant to a credit agreement dated February 24, 1999 (as amended, the "Credit
Agreement");

         WHEREAS, as a condition to the disbursement of funds under the Credit
Agreement, BKC issued a guarantee in favor of Citibank to secure the repayment
by IFFP of amounts borrowed under the Credit Agreement (as amended, the
"Guarantee");

         WHEREAS, pursuant to an Agreement for the Transfer of Title to Shares
by way of Security dated February 24, 1999 (as amended, the "Security
Agreement"), in consideration of the Guarantee, IFFC granted BKC a perfected
security interest in the IFFP Shares to secure BKC's claims which may arise as a
result of the payment by BKC of any amounts under the Guarantee;

         WHEREAS, as a condition to the making of the Guarantee, IFFC agreed to
reimburse BKC for any payments that it may be required to make to Citibank under
the Guarantee, together with related costs, expenses and interest, as more fully
said forth in that certain Reimbursement Agreement dated as of February 24, 1999
(as amended, the "Reimbursement Agreement"), by and among IFFC, IFFP and BKC;

         WHEREAS, Citibank has agreed to increase the amount which may be
borrowed under the Credit Agreement to an aggregate amount of U.S. $8,000,000,
and BKC has agreed to increase the amount of the Guarantee to secure the
repayment by IFFP of amounts borrowed under the Credit Agreement;

         WHEREAS, in the event that Citibank is willing to further increase the
available credit under the Credit Agreement, BKC has agreed to increase the
amount of the Guarantee to a maximum aggregate amount of U.S. $10,000,000, upon
the terms, and subject to the conditions, of that certain Guarantee of Future
Advances Agreement dated of even date herewith by and among BKC, IFFC and IFFP;

         WHEREAS, pursuant to a Purchase Agreement dated February 24, 1999 (as
amended, the "Purchase Agreement"), the parties agreed that, in the event that
BKC acquires the IFFP Shares pursuant to the exercise of its rights under the
Security Agreement, BKC will sell the IFFP Shares held by BKC to Mitchell
Rubinson, a principal shareholder of IFFC ("Rubinson");

         WHEREAS, Rubinson has agreed to personally guarantee (i) his
obligations to BKC under the Purchase Agreement and (ii) IFFC's and IFFP's
obligations under the Reimbursement Agreement and to secure such personal
guarantee by the grant of a security interest in, and a pledge to BKC of, an
aggregate of 5,000,000 shares of common stock of IFFC which are owned by
Rubinson;



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         WHEREAS, IFFC, IFFP and BKC have agreed to amend and restate the
documents executed in connection with the transactions described above (such
documents are collectively referred to herein as the "Transaction Documents") to
reflect the increased amount of the Credit Agreement and the Guarantee and to
grant BKC additional security for the repayment of IFFC's and IFFP's obligations
under the Transaction Documents.

         WHEREAS, BKC has agreed to defer all amounts currently owed by IFFC and
IFFP, including the development fee of $250,000, and those amounts falling due
after the execution of the Transaction Documents, including royalties and
franchise fees, until January 15, 2001.

         NOW, THEREFORE, in consideration of the foregoing, and for other good
and valuable consideration, the receipt and adequacy of which are hereby
acknowledged, the parties hereby agree as follows:

1. DEFERRAL OF FEES. BKC hereby agrees that all royalties, franchise fees and,
if required, development fees owed by IFFC and/or IFFP falling due after the
date hereof (including, for the avoidance of doubt, seven franchise fees
totaling $280,000, previously rolled up and payable on December 31, 1999,
together with the development fee of $250,000 which fell due on September 14,
1999 (collectively, the "Fees")) will be rolled-up and be paid in one lump sum
on the date (the "Payment Date") which is the earlier to occur of (i) January
15, 2001 or (ii) such date BKC is require to make a payment to Citibank pursuant
to the Guarantee. After the Payment Date, all Fees will be paid in accordance
with the agreements under which such Fees are required to be paid.

2. DEFINITIONS. For purposes hereof, the following terms shall have the
respective meanings set forth below:

         "Indebtedness" means all obligations, contingent or otherwise, which in
         accordance with U.S. generally accepted accounting principles are
         required to be classified upon a balance sheet of the specified person
         as liabilities.

                  "Lien" means, with respect to the specified person:

                  (a)   any lien, encumbrance, mortgage, pledge, charge, or
                        security interest of any kind upon any property or
                        assets of such person, whether now owned or hereafter
                        acquired, or upon the income or profits therefrom;

                  (b)   the sale, assignment, pledge or transfer of any accounts
                        or general intangibles of such person for purposes of
                        creating a security interest; and

                  (c)   the transfer of any tangible property or assets for the
                        purpose of creating or granting a security interest.

3.       REPRESENTATIONS AND WARRANTIES
         ------------------------------

         3.1 REPRESENTATIONS AND WARRANTIES OF IFFC AND IFFP. Each of IFFC and
IFFP represents and warrants to BKC that:

         (a) CORPORATE EXISTENCE AND QUALIFICATION. Each of IFFC and IFFP is a
corporation duly organized, validly existing and in good standing under the laws
of its jurisdiction of organization. Each of IFFC and IFFP has all required
power and authority to own its properties and to carry on its business as
presently conducted.

         (b) AUTHORITY, APPROVAL AND ENFORCEABILITY. This Agreement has been
duly executed and delivered by each of IFFC and IFFP, and each of IFFC and IFFP
has all requisite power and legal authority to execute and deliver this
Agreement, to consummate the transactions contemplated hereby, and to perform
its obligations hereunder. This Agreement constitutes the legal, valid and
binding obligation of each of IFFC and IFFP, enforceable in accordance with its
terms, except to the extent that such enforcement may be limited by applicable
bankruptcy laws or laws affecting the enforcement of creditors rights generally.


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         (c) NO COMPANY DEFAULTS OR CONSENTS. Neither the execution and delivery
of this Agreement nor the effectuation of the transactions contemplated hereby
will:

               (i) violate or conflict with any of the terms, conditions or
provisions of the certificate of incorporation or bylaws (or similar
organizational documents) of IFFC or IFFP;

               (ii) violate any legal requirements applicable to IFFC or IFFP;

               (iii) violate, conflict with, result in a breach of, constitute a
default under (whether with or without notice or the lapse of time or both), or
accelerate or permit the acceleration of the performance required by, or give
any other party the right to terminate, any contract or permit applicable to
IFFC or IFFP;

               (iv) result in the creation of any lien, charge or other
encumbrance on any property of IFFC or IFFP (except as expressly contemplated
hereby); or

               (v) require IFFC or IFFP to obtain or make any waiver, consent,
action, approval or authorization of, or registration, declaration, notice or
filing with, any private non-governmental third party or any governmental
authority.

         (d) NO PROCEEDINGS. Except as disclosed in IFFC's filings with the
Securities and Exchange Commission pursuant to the Securities Exchange Act of
1934, as amended, or for matters which are not, individually or in the
aggregate, material to IFFC, no suit, action or other proceeding is pending or,
to the knowledge of IFFC or IFFP, threatened, before any governmental authority
seeking to restrain such or prohibit its entry into this Agreement, or seeking
damages against IFFC or IFFP or their respective properties as a result of the
transactions contemplated by this Agreement.

         (e) COMPLIANCE WITH LAWS. Each of IFFC and IFFP has all material
franchises, permits, licenses and other rights and privileges necessary to
permit it to own its properties and to conduct its businesses as presently
conducted. The business and operations of each of IFFC and IFFP have been and
are being conducted in accordance in all material respects with all applicable
laws, rules and regulations, and each of IFFC and IFFP is not in violation of
any judgment, law or regulation.

         (f) DISCLOSURE; DUE DILIGENCE. This Agreement, when taken as a whole
with other documents and certificates furnished by each of IFFC and IFFP to BKC
or its counsel have been furnished in good faith and, do not contain any untrue
statement of material fact or omit any material fact necessary in order to make
the statements therein, in light of the circumstances under which they are made,
not misleading.

         3.2 REPRESENTATIONS AND WARRANTIES BY BKC. BKC represents and warrants
to each of IFFC and IFFP that:

         (a) CORPORATE EXISTENCE AND QUALIFICATION. BKC is a corporation duly
organized, validly existing and in good standing under the laws of its
jurisdiction of organization. BKC has all required power and authority to own
its properties and to carry on its business as presently conducted.


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         (b) AUTHORITY, APPROVAL AND ENFORCEABILITY This Agreement has been duly
executed and delivered by BKC, and BKC has all requisite power and legal
authority to execute and deliver this Agreement, to consummate the transactions
contemplated hereby, and to perform its obligations hereunder. This Agreement
constitutes the legal, valid and binding obligation of BKC, enforceable in
accordance with its terms, except to the extent that such enforcement may be
limited by applicable bankruptcy laws or laws affecting the enforcement of
creditors rights generally.

         (c) DISCLOSURE; DUE DILIGENCE. This Agreement, when taken as a whole
with other documents and certificates furnished by BKC to each of IFFC and IFFP
or its counsel have been furnished in good faith and, do not contain any untrue
statement of material fact or omit any material fact necessary in order to make
the statements therein, in light of the circumstances under which they are made,
not misleading.

4.       MISCELLANEOUS.
         -------------

         5.1 FURTHER ASSURANCES. Each of the parties hereto agrees with the
other parties hereto that it will cooperate with such other parties and will
execute and deliver, or cause to be executed and delivered, all such other
instruments and documents, and will take such other actions, as such other
parties may reasonably request from time to time to effectuate the provisions
and purposes of this Agreement.

         5.2 BINDING ON SUCCESSORS, TRANSFEREES AND ASSIGNS; ASSIGNMENT. This
Agreement shall be binding upon the parties hereto and their respective
successors, transferees and assigns. Notwithstanding the foregoing no party
hereto may assign any of its obligations hereunder without the prior written
consent of the other parties hereto; provided, that BKC may assign its rights
and delegate its duties under this Agreement to one or more of its subsidiaries
or affiliates.

         5.3 AMENDMENTS; WAIVERS. No amendment to or waiver of any provisions of
this Agreement, nor consent to any departure therefrom by any party hereto,
shall in any event be effective unless the same shall be in writing and signed
by such party, and then such waiver or consent shall be effective only in the
specific instance and for the specific purpose for which given.

         5.4 NO WAIVER; REMEDIES. No failure on the part of any party hereto to
exercise, and no delay in exercising, any right hereunder shall operate as a
waiver thereof; nor shall any single or partial exercise of any right hereunder
preclude any other or further exercise thereof or the exercise of any right. The
remedies herein provided are cumulative and not exclusive of any remedy provided
by law.

         5.5 EXPENSES. IFFC shall pay or reimburse BKC for all of its legal,
accounting and other expenses directly related to the consummation of the
transactions contemplated hereby, together with the costs and expenses of
enforcing any of its rights hereunder including, without limitation, the
reimbursement rights provided in Section 2 hereof.

         5.6 JURISDICTION. Any claim arising out of this Agreement shall be
brought in any state or federal court located in Miami-Dade County, Florida,
United States. For the purpose of any suit, action or proceeding instituted with
respect to any such claim, each of the parties hereto irrevocably submits to the
jurisdiction of such courts in Miami-Dade County, Florida, United States. Each
of the parties hereto further irrevocably consents to the service of process out
of said courts by mailing a copy thereof by registered mail, postage prepaid, to
such party and agrees that such service, to the fullest extent permitted by law,
(i) shall be deemed in every respect effective service of process upon it in any
such suit, action or proceeding and (ii) shall be taken and held to be a valid
personal service upon and a personal delivery to it. Each of the parties hereto
hereby irrevocably waives, to the fullest extent permitted by law, any objection
which it may now or hereafter have to the laying of the venue of any such suit,
action or proceeding brought in any such court located in Miami-Dade County,
Florida, United States, and any claim that any such suit, action or proceeding
brought in such court has been brought in an inconvenient forum. Notwithstanding
the foregoing, at the option of BKC, any claims against IFFP hereunder shall be
settled by the Arbitration Court at the Polish Chamber of Commerce with its seat
in Warsaw in accordance with its rules, and all such proceedings will be
conducted in the English language.


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         5.7 GOVERNING LAW; SEVERABILITY. This Agreement shall be governed by
and construed in accordance with the internal laws of the State of Florida,
United States, without regard to any conflict of law, rule or principle that
would give effect to the laws of another jurisdiction.

         5.8 NOTICES. All notices, requests and other communications to any
party hereunder shall be writing (including facsimile transmission or similar
writing) and shall be given to such party, addressed to it, at its address or
facsimile number set forth on the signature pages below, or at such other
address or facsimile number as such party may hereafter specify for such purpose
by notice to the other party. Each such notice, request or communication shall
be deemed effective when received at the address or facsimile number specified
below.

         5.9 COUNTERPARTS. This Agreement may be executed in any number of
counterparts, each of which counterparts, when so executed and delivered, shall
be deemed to be an original, and all of which counterparts, when taken together,
shall constitute one and the same Agreement.





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         IN WITNESS WHEREOF, the parties have executed this Agreement as of the
date first above written.

                                           INTERNATIONAL FAST FOOD CORPORATION



                                             By: /s/ Mitchell Rubinson
                                                 ---------------------
                                                 Name: Mitchell Rubinson
                                                 Title: Chairman and CEO

                                                 c/o Mitchell Rubinson
                                                 1000 Lincoln Road, Suite 200
                                                 Miami Beach, FL 33139, USA


                                             INTERNATIONAL FAST FOOD POLSKA
                                                  S.P. Z.O.O.


                                             By: /s/ Mitchell Rubinson
                                                 ---------------------
                                                 Name: Mitchell Rubinson
                                                 Title: Authorized Signature

                                                 15 Jagiellonska Street
                                                 Warsaw, Poland


                                             BURGER KING CORPORATION


                                             By: /s/ Philip Kinnersly
                                                 Name: Philip Kinnersly
                                                 Title: Vice President

                                                 c/o  Burger King EMA
                                                 Charter Place
                                                 Vine Street
                                                 Uxbridge, England UB81BZ
                                                 Attn:  General Counsel and
                                                 Vice President -
                                                       Financial Affairs
                                                 Fax no: 44 1895 206026

                                                 With a copy to:

                                                 Baker & McKenzie
                                                 1200 Brickell Avenue
                                                 Miami, Florida 33131 U.S.A.
                                                 Fax no: (305) 789-8953


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