Univision Communications Inc. 1999 Avenue of the Stars, Suite 3050 Los Angeles, California 90067 January 28, 2002
QuickLinks -- Click here to rapidly navigate through this document
Univision Communications Inc.
0000 Xxxxxx xx xxx Xxxxx, Xxxxx 0000
Xxx Xxxxxxx, Xxxxxxxxxx 00000
January 28, 2002
CONFIDENTIAL
Grupo Televisa S.A.
Xx. Xxxxx xx Xxxxxxx Xx. 0000
Xxxxxxx Xxxxx Xx
00000 Xxxxxx, D.F.
Mexico
Re: | Acquisition of Fonovisa Music Group |
Gentlemen:
We refer to the letter agreement (the "Letter Agreement") dated December 19, 2001, pursuant to which we have agreed to purchase and you have agreed to sell the Fonovisa group of companies, and to the letter dated January 11, 2002, in which we agreed to extend the date for execution and delivery of the Long-form Agreement set forth in Section 5 of the Letter Agreement (the "Long-form Agreement") from January 15, 2002 to January 28, 2002. In connection therewith, the parties hereby agree to extend the date for execution and delivery of the Long-form Agreement from January 28, 2002 to February 8, 2002. Except as amended hereby, the Letter Agreement remains in full force and effect in accordance with its terms.
You acknowledge that our representatives have assisted your representatives in preparing the disclosure schedules related to the Letter Agreement. You further agree and acknowledge that the preparation of such disclosure schedules and the information included thereon or omitted thereform are your sole responsibility.
If the foregoing sets forth over mutual agreement and understanding, please execute below.
Very truly yours, | ||||
UNIVISION COMMUNICATIONS INC. |
||||
By: |
/s/ C. XXXXXXX XXXXXXXXXX |
|||
Name: | C. Xxxxxxx Xxxxxxxxxx | |||
Title: | Executive Vice President |
ACCEPTED, AGREED TO AND ACKNOWLEDGED
This 28th day of January, 2002
GRUPO TELEVISA S.A. | ||||||
By: |
/s/ MA. XXXXXXX XXXXXXXXX XXXXXX |
By: |
/s/ XXXXX XXXXXXXXX XXXXXXXXX |
|||
Name: | Ma. Xxxxxxx Xxxxxxxxx Xxxxxx |
Name: | Xxxxx Xxxxxxxxx Xxxxxxxxx |
|||
Title: | Attorney in Fact |
Title: | Attorney in Fact |