AMENDMENT TO EMPLOYMENT AGREEMENT
January 1, 1997
Xxxxxx Xxxxx
Univision Television Group, Inc.
Dear Xxxxxx:
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 Five
Hundred Thousand Dollars ($500,000), for calendar year 1998 shall be Five
Hundred Fifty Thousand Dollars ($550,000) and for calendar year 1999 shall be
Five Hundred Fifty Thousand Dollars ($550,000).
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.
Univision Television Group, Inc.
By: /s/ Xxxxxx X. Xxxxxx
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Its: Vice Pres.
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Agreed:
/s/ Xxxxxx Xxxxx
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Xxxxxx Xxxxx
