AMENDMENT TO EMPLOYMENT AGREEMENT
January 1, 1997
Xxx Xxxxxxxxx
The Univision Network Limited Partnership
Dear Ray:
Reference is made to the Employment Agreement between us dated January
1, 1995 (the "Employment Agreement"). You and we hereby agree to amend the
Employment Agreement as follows:
1. The Term is hereby extended to expire on December 31, 1999.
2. Your Base Salary for calendar year 1997 shall be Six Hundred
Thousand Dollars ($600,000), for calendar year 1998 shall be Six Hundred Fifty
Thousand Dollars ($650,000) and for calendar year 1999 shall be Six Hundred
Fifty Thousand Dollars ($650,000).
3. As hereby amended, the Employment Agreement is hereby ratified
and confirmed.
Please indicate your agreement to this amendment to the Employment
Agreement by signing this letter amendment in the space provided below.
The Univision Network Limited Partnership
By: Xxxxxx Xxxxxx
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Its: Vice President
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Agreed:
/s/ Xxx Xxxxxxxxx
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Xxx Xxxxxxxxx
