Univision Communications Inc. 1999 Avenue of the Stars, Suite 3050 Los Angeles, California 90067 January 11, 2002
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Univision Communications Inc.
0000 Xxxxxx xx xxx Xxxxx, Xxxxx 0000
Xxx Xxxxxxx, Xxxxxxxxxx 00000
January 11, 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. In connection therewith, the parties hereby agree to extend the date of completion of the HSR Act filing set forth in Section 7 of the Letter Agreement from January 11, 2002 to January 21, 2002 and to extend the date for execution and delivery of the Long-form Agreement set forth in Section 5 of the Letter Agreement from January 15, 2002 to January 28, 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. |
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By: |
/s/ C. XXXXXXX XXXXXXXXXX |
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| Name: | C. Xxxxxxx Xxxxxxxxxx | |||
| Title: | Executive Vice President | |||
ACCEPTED, AGREED TO AND ACKNOWLEDGED
This _____ day of January, 2002
| GRUPO TELEVISA S.A. | ||
/s/ XXXXX XXXXXXXXX XXXXXXXXX Xxxxx Xxxxxxxxx Xxxxxxxxx Attorney in Fact |
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/s/ XXXXXX XXXXXXXX PRINCIPE Xxxxxx Xxxxxxxx Principe Attorney in Fact |
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/s/ XXXX XXXXXXX XXXXXX Xxxx Xxxxxxx Xxxxxx Attorney in Fact |
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