Amendment No. 11 To Employment Agreement

Employment Agreement Amendment

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This Employment Agreement Amendment involves

UNIVISION COMMUNICATIONS INC | Andrew Hobson

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Title: Amendment No. 11 To Employment Agreement
Date: 3/15/2006
Industry: BRDCST Sector: SERVIC

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Exhibit 10

Exhibit 10.13.3

Amendment No. 11 (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, 2008, unless earlier terminated in accordance with the provisions of the Employment Agreement.

2. Salary. The annual Base Salary rate will be Eight Hundred Fifty Thousand Dollars ($850,000) for the annual period of the Term from January 1, 2006 through Decemb

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