Amendment No. 10 to Employment Agreement between Ray Rodriguez and The Univision Network Limited Partnership
This amendment extends Ray Rodriguez's employment with The Univision Network Limited Partnership through December 31, 2006, unless ended earlier as per the original agreement. It sets his annual base salary at $800,000 for 2006. All other terms of the original employment agreement remain unchanged. The amendment is effective as of January 1, 2004, once both parties sign.
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Exhibit 10.12.3
Amendment No. 10 (the "Amendment") To
Employment Agreement (the "Employment Agreement") between
Ray Rodriguez ("Employee") and The Univision Network Limited Partnership ("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, 2006, unless earlier terminated in accordance with the provisions of the Employment Agreement.
2. Salary. The annual Base Salary rate will be: Eight Hundred Thousand Dollars ($800,000) for the annual period from January 1, 2006 through December 31, 2006.
3. Effective Date of Amendment. Upon execution by Employee and Company, this Amendment will become effective as of January 1, 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.
| THE UNIVISION NETWORK LIMITED PARTNERSHIP | ||||
By: | /s/ ROBERT V. CAHILL Robert V. Cahill Secretary | |||
/s/ RAY RODRIGUEZ Ray Rodriguez | ||||
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- Exhibit 10.12.3
