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                                                                    Exhibit 2(k)

                             SUBSCRIPTION AGREEMENT

                            AMENDING AGREEMENT NO. 2


         THIS IS AN AMENDING AGREEMENT made as of February 25, 1999, by and
among THE IRREVOCABLE TRUST FOR THE BENEFIT OF RONALD V. JOYCE, an Ohio Trust 
("Subscriber"), and WENDY'S INTERNATIONAL, INC., an Ohio Corporation ("Issuer").

                  WHEREAS:

         A. Issuer and Subscriber entered into a Subscription Agreement dated as
of December 29, 1995, as amended by an Agreement dated September 16, 1998,
between Issuer, WENTIM, Ronald V. Joyce ("Shareholder") and Subscriber (the
"Subscription Agreement"), pursuant to which Subscriber subscribed for and
purchased Wendy's Common Shares and agreed to pay for such Wendy's Common Shares
by conveying to Issuer an equivalent number of Newco Exchangeable Shares, which
Newco Exchangeable Shares were originally issued to Shareholder; and

         B. Shareholder intends to pledge a portion of his Newco Exchangeable
Shares to a bank chartered under the laws of Canada (each, "a Bank") as security
for loans which may be made from time to time by a Bank to Shareholder.

                  NOW, THEREFORE, in consideration of the mutual covenants and
agreements contained in this agreement and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties agree as follows:

                                    ARTICLE I
                                 INTERPRETATION


         1.1 One Agreement. This Agreement amends the Subscription Agreement and
this Agreement and the Subscription Agreement shall be read, interpreted,
construed and have effect as, and shall constitute one agreement with the same
effect as if the amendments made to the Subscription Agreement by this Agreement
had been contained in the Subscription Agreement as of the date of this
Agreement.

         1.2 Defined Terms. In this Agreement, unless something in the subject
matter or context is inconsistent:

                  (a)      terms defined in the description of the parties or in
                           the recitals have the respective meanings given to
                           them in such description or recitals; and


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                  (b)      all other capitalized terms have the respective
                           meanings given to them in the Subscription Agreement.

         1.3 Headings. The headings of the Articles and Sections of this
Agreement are inserted for convenience of reference only and shall not affect
the construction or interpretation of this Agreement.

         1.4 References. All references in this Agreement to Articles and
Sections, unless otherwise specified, are to Articles and sections of the
Subscription Agreement.


                                   ARTICLE II
                                   AMENDMENTS

         2.1 The fourth sentence of Section (2) of the Subscription Agreement
shall be amended to read as follows:

                  Upon payment of the purchase price hereunder by delivery of
                  certificates evidencing Newco Exchangeable Shares duly
                  endorsed for transfer to ISSUER at its principal executive
                  offices, ISSUER shall cause its transfer agent to issue one or
                  more certificate(s) to SUBSCRIBER representing SUBSCRIBER'S
                  ownership of fully paid and nonassessable Wendy's Common
                  Shares; provided, however, if SUBSCRIBER directs in writing
                  that the certificate(s) be issued in the name of a BENEFICIARY
                  (as defined in the Irrevocable Trust Agreement for the Benefit
                  of Ronald V. Joyce of even date hereof), ISSUER shall cause
                  the certificate(s) to be issued in the name of the BENEFICIARY
                  upon receipt of written representations and warranties from
                  the BENEFICIARY in substantially the form set forth in
                  paragraph (3) below.


                                   ARTICLE III
                                     GENERAL


         3.1 Effective Date and Confirmation. This Agreement and the amendment
to the Subscription Agreement contained in this Agreement shall be effective as
of and from the date of this Agreement. The Subscription Agreement, as amended
by this Agreement, is confirmed by ISSUER and SUBSCRIBER.

         3.2 Binding Nature. This Agreement shall inure to the benefit of and be
binding upon each of ISSUER and SUBSCRIBER and their respective successors and
permitted assigns.

         3.3 Conflicts. If any provision of this Agreement is inconsistent with
any provision of the Share Exchange Agreement the relevant provision of this
Agreement shall prevail.




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         3.4 Law of Contract. This Agreement and the Subscription Agreement
shall be governed by and construed in accordance with the laws of the State of
Ohio.

         3.5 Counterparts. This Agreement may be executed in one or more
counterparts and each copy which has been signed by all parties shall be deemed
to be a duplicate original, but all of which, taken together, shall be deemed to
constitute a single instrument.

                  IN WITNESS OF WHICH Issuer and Subscriber have executed this
Agreement as of the date indicated on the first page of this Agreement.

                                WENDY'S INTERNATIONAL, INC.


                                By: /s/ Frederick R. Reed
                                   ------------------------------------------
                                   Name:  Frederick R. Reed
                                   Title: Chief Financial Officer & Secretary

                                I/We have authority to bind
                                Wendy's International, Inc.

                                IRREVOCABLE TRUST FOR THE BENEFIT
                                OF RONALD V. JOYCE

                                THE HUNTINGTON NATIONAL BANK, TRUSTEE



                                By: /s/ Candada J. Moore
                                   ------------------------------------------
                                    Name:  Candada J. Moore
                                    Title: Vice President

                                I/We have authority to bind the Trust