Amendment No. 7 to Employment Agreement between Univision Network Limited Partnership and Ray Rodriguez

Summary

This amendment updates the employment agreement between Univision Network Limited Partnership and Ray Rodriguez. Ray Rodriguez agrees to voluntarily forgo any scheduled raise and accept a reduced base salary of $720,000 for the period from January 1, 2002, to December 31, 2002, to assist Univision during a challenging economic period. All other terms of the original employment agreement remain unchanged.

EX-10.34(1) 21 a2067358zex-10_341.htm RAY RODRIGUEZ EMPLOYMENT AGREEMENT AMENDMENT
QuickLinks -- Click here to rapidly navigate through this document


Exhibit 10.34.1


Amendment No. 7 (the "Amendment") To
Employment Agreement between
The Univision Network Limited Partnership ("Univision") and Ray Rodriguez
(the "Employment Agreement")

November 14, 2001

        In order to assist Univision during the current difficult economic climate, I have volunteered to forego any raise called for by my employment agreement and to have my base pay reduced to Seven Hundred Twenty Thousand Dollars ($720,000) for the period January 1, 2002 through December 31, 2002. All other terms and conditions will remain unchanged.

       
  /s/ RAY RODRIGUEZ
Ray Rodriguez
 
       
       
  THE UNIVISION NETWORK
LIMITED PARTNERSHIP
 
       
  By: /s/ GEORGE W. BLANK
George W. Blank
Chief Financial Officer
 
       
       



QuickLinks

    Exhibit 10.34.1
Amendment No. 7 (the "Amendment") To Employment Agreement between The Univision Network Limited Partnership ("Univision") and Ray Rodriguez (the "Employment Agreement")