Amendment No. 10 to Employment Agreement between Univision Management Co. and Andrew Hobson
Univision Management Co. and Andrew Hobson have agreed to extend Mr. Hobson's employment through December 31, 2007, unless ended earlier as outlined in the original agreement. His annual base salary will be $750,000 for 2007. All other terms of the original employment agreement remain unchanged. This amendment is effective as of December 31, 2004, once both parties sign it.
EXHIBIT 10.13.3
Amendment No. 10 (the "Amendment") To
Employment Agreement (the "Employment Agreement") between
Andrew Hobson ("Employee") and Univision Management Co. ("Company")
Employee and Company agree to amend the Employment Agreement as follows:
1. Term. The Term of the Employment Agreement is extended through December 31, 2007, unless earlier terminated in accordance with the provisions of the Employment Agreement.
2. Salary. The annual Base Salary rate will be Seven Hundred Fifty Thousand Dollars ($750,000) for the annual period from January 1, 2007 through December 31, 2007.
3. Effective Date of Amendment. Upon execution by Employee and Company, this Amendment will become effective as of December 31, 2004.
4. Other. Except as provided in this Amendment, all other terms and conditions in the Employment Agreement will remain in full force and effect, and the Employment Agreement, as amended hereby, is ratified and confirmed.
UNIVISION MANAGEMENT CO. | ||||
By: | /s/ JEFFREY T. HINSON Jeffrey T. Hinson Chief Financial Officer | |||
/s/ ANDREW HOBSON Andrew Hobson |