Item 1.01. Entry into a Material Definitive Agreement.

On November 10, 2008, International Fight League, Inc. (the "Company") and Jay Larkin, the Company's President and Interim Chief Executive Officer, entered into an agreement providing for Mr. Larkin's resignation from his positions and employment with the Company, effective November 1, 2008. Pursuant to the agreement, the Company has agreed to pay Mr. Larkin a one-time payment for $20,000 and will also be paying the premiums for medical insurance coverage for Mr. Larkin until the earlier of April 30, 2009 or the date on which Mr. Larkin becomes eligible for group medical insurance through an employer or professional affiliation other than the Company. As part of the agreement, all of Mr. Larkin's stock options for the Company's stock automatically terminated. The agreement also has customary terms regarding confidentiality, cooperation, release of claims and covenants not to sue.
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 10, 2008, the Company and Jay Larkin, the Company's President and acting Chief Executive Officer, entered into an agreement providing for Mr. Larkin's resignation of his positions and employment with the Company effective November 1, 2008.
The Board of Directors of the Company appointed Michael Keefe, the Company's Executive Vice President, General Counsel and Acting Chief Financial Officer to the position of President, Chief Financial Officer and General Counsel upon the termination of Mr. Larkin's employment with the Company. Item 9.01 - Financial Statements and Exhibits

See the Exhibit Index hereto, which is incorporated by reference herein.