Document:

EX-10.41

 Exhibit 10.41 

EXECUTION VERSION 

BROADCASTING MEDIA PARTNERS, INC. 

2010 EQUITY INCENTIVE PLAN 

NOTICE OF RESTRICTED STOCK UNIT AWARD 

Reference Number: 2013-A 
  

			
	Participant:	  	Francisco J. Lopez-Balboa
		
	Number of Units:	  	3,000
		
	Type of Award:	  	Restricted Stock Units
		
	Dividend Equivalents:	  	If dividends or other distributions are paid in respect of the Shares underlying the Units, then a dividend equivalent equal to the amount paid in respect of one Share shall accumulate and be paid with respect to each unvested Unit
within fifteen (15) days following the date on which the unvested Unit vests.
		
	Date of Grant:	  	May 7, 2015
		
	Vesting Commencement Date:	  	May 7, 2015
		
	Vesting Schedule:	  	One-third (33 1⁄3%) of the Units shall vest on each of the first three anniversaries of the Vesting Commencement Date (each such date a
“Vesting Date”), provided Participant’s Service has not terminated prior to the applicable Vesting Date and the vesting of any Units has not been accelerated as provided below.
		
	Additional Vesting Terms:	  	The vesting requirement with respect to the Units shall be deemed to be satisfied upon the Participant’s termination of Service with Univision Communications Inc. and its subsidiaries and affiliates
(“Univision”) without Cause or resignation for Good Reason, in each case within two (2) years after a Change of Control.
		
		  	Upon the Participant’s termination of Service with Univision by reason of his or her death or Permanent Disability, the Participant shall be deemed to have satisfied the vesting requirement as to a pro rata portion (based on
the number of calendar days during the year through such date of termination divided by 365) of the tranche of Units subject to this Award that are eligible to vest on the Vesting Date immediately following the date on which the Participant’s
Service terminates.
		
		  	In the event the Participant’s Service with the Company is terminated for Cause (as defined below) or the Participant resigns at a time when Cause existed (without regard to any applicable cure periods), all unvested Units
shall be forfeited and any Shares previously issued in settlement of vested Units shall be forfeited and canceled for no consideration, except to the extent that the intent of the parties to permit such a forfeiture would be impermissible under
California law (only if and to the extent that California Law is applicable) and provided further that the foregoing forfeiture provisions shall not apply after an Initial Public Offering. After an Initial Public Offering, if the Participant’s
Service with the Company is terminated for Cause or the Participant resigns at a time when Cause

			
		  	existed (without regard to any applicable cure periods), then, upon the written demand of the Company made within one (1) year after such termination (“Demand Notice”), the Executive shall, within fifteen (15) days after
receipt of the Demand Notice, (x) if Executive still owns all or a portion of the Net Shares, notify the Company to forfeit and cancel such Net Shares still owned for no consideration or (y) to the extent any Net Shares have been disposed of by
Participant, pay to the Company the Fair Market Value of such Net Shares on the date the Demand Notice was given to Executive. “Net Shares” shall mean the total number of shares received with regard to any RSUs after reducing such number
for the number of shares used to cover withholding taxes on the distribution or, if cash was paid by Participant for the withholding taxes, the number of shares whose Fair Market Value at the time of such Demand Notice equaled the amount of taxes
withheld. The Company may, to the extent the Net Shares are no longer owned by the Participant, offset the Fair Market Value of such Shares on the date of the Demand Notice against any amounts otherwise owed to the Participant by the Company
(whether as wages, or pursuant to any benefit plan or other compensatory arrangement) provided that the foregoing shall only apply to the extent legally permitted and in no event shall any amounts be offset against any nonqualified deferred
compensation within the meaning of Tax Code Section 409A. In addition, this Award shall be subject to recoupment, forfeiture or similar requirements to the extent required by applicable law (including, without limitation, Section 304 of the
Sarbanes-Oxley Act and Section 954 of the Dodd-Frank Wall Street Reform and Consumer Protection Act) and/or the rules and regulations of the principal securities exchange or inter-dealer quotation service on which the Common Stock is listed or
quoted. Except as set forth above, the Units will be cancelled upon a termination of Participant’s Service and the Participant shall forfeit any rights with respect thereto.
		
	Settlement:	  	Units that become vested shall be settled within fifteen (15) days following the applicable Vesting Date by delivery of the Shares underlying the Unit.
		
	Withholding:	  	The Participant may elect to satisfy the minimum applicable tax withholding in connection with the settlement of Units by having Shares otherwise deliverable in such settlement, having a Fair Market Value (as defined in the Plan)
equal to the amount of such withholding, withheld by the Company.
		
	Definitions:	  	“Cause”, “Change of Control”, and “Service” shall have the same meaning as set forth in the Plan. “Permanent Disability” and “Good Reason” shall
have the same meaning as set forth in Section 8 of the Award Agreement.

 [Remainder of Page Intentionally Left Blank] 

 By signing your name below, you accept this Award and acknowledge and agree that this Award is granted under and
governed by the terms and conditions of Broadcasting Media Partners, Inc. 2010 Equity Incentive Plan (the “Plan”) and the Restricted Stock Unit Award Agreement reference number 2013-A attached hereto, both of which are hereby
made a part of this document and, in the event of a conflict between the terms of this Notice and the terms of the Plan, the terms of the Plan shall take precedence. 

 

			
	BROADCASTING MEDIA PARTNERS, INC.
		
	By:	 	 /s/ Roberto Llamas

		
	Title:	 	 Executive Vice President,
 Human Resources and
Community Empowerment

 
			
	
	PARTICIPANT
		
	Signature:	 	 /s/ Francisco J. Lopez-Balboa

		
	Print Name:	 	Francisco J. Lopez-Balboa

 [SIGNATURE PAGE TO RSU NOTICE] 

 Broadcasting Media Partners, Inc. 

2010 Equity Incentive Plan 

Restricted Stock Unit Award Agreement 

Reference Number: 2013-A 
 SECTION 1.
GRANT OF RESTRICTED STOCK UNIT AWARD. 
 (a) Award. On the terms and conditions set forth in this Agreement and each Notice of Restricted Stock
Unit Award referencing this Agreement (the “Notice”), Broadcasting Media Partners, Inc. (the “Company”) hereby grants the Participant the Restricted Stock Units under the terms set forth in the Notice (the
“Units”) pursuant to and in accordance with the terms of the Broadcasting Media Partners, Inc. 2010 Equity Incentive Plan (the “Plan”). Each Notice, together with this referenced Agreement, shall be a separate award
governed by the terms of this Agreement and the Plan. This Agreement shall apply both to this Award and to the Shares issued in settlement thereof. 
 (b)
Adjustment of Award. The number of Units subject to this Award is subject to adjustment following the occurrence of certain events affecting the Company, as provided in Section 10 of the Plan. 

(c) Equity Incentive Plan and Defined Terms. The Units are granted under and subject to the terms of the Plan. Capitalized terms are defined in
Section 8 of this Agreement and in the Plan. 
 SECTION 2. SECURITIES LAW ISSUES. 

(a) Securities Not Registered. Neither the Units nor the underlying Shares have been registered under the Securities Act. To the extent any securities
are deemed issued in respect of the Units, they are being issued to the Participant in reliance upon either (i) a registration of such securities under applicable securities laws or (ii) an exemption from registration under applicable
securities laws. 
 (b) Participant Representations. The Participant hereby confirms that he or she has been informed that any securities issued
pursuant to this Award are “restricted securities” under the Securities Act which may not be resold or transferred unless they are first registered under the Securities Act or unless an exemption from such registration is available.
Accordingly, the Participant hereby represents and acknowledges as follows: 
  

	 	(i)	The Units and any Shares issued in settlement thereof are being acquired for investment, and not with a view to sale or distribution thereof; 

 

	 	(ii)	The Participant is prepared to hold the Units and any Shares issued in settlement thereof for an indefinite period and is aware that Rule 144 promulgated under the Securities Act (which exempts certain resales of
securities) is not presently available to exempt the resale of the Units and any Shares issued in settlement thereof from the registration requirements of the Securities Act. 

 

	 	(iii)	The Participant is an “accredited investor” within the meaning of Rule 501(e) of Regulation D of the Securities Act by virtue of the Participant’s position with the Company, income, assets or otherwise.

 (c) Registration. The Company may, but shall not be obligated to, register or qualify the award of the Units or Shares issued in
settlement thereof to the Participant under the Securities Act or any other applicable law, except, solely with respect to Participants who are signatories to or have executed a joinder with respect to the Registration Rights Agreement (with respect
to the Shares issued in settlement of this Award), as required under the Registration Rights Agreement. 

  
 1 

 (d) Market Stand-Off. In connection with any underwritten public offering by the Company of its equity
securities pursuant to an effective registration statement filed under the Securities Act, including the Company’s Initial Public Offering, the Participant hereby agrees, at the request of the Company or the managing underwriters, to be bound
by and/or to execute and deliver, a lock-up agreement with the underwriter(s) of such public offering restricting such Participant’s right to (a) Transfer, directly or indirectly, any Shares acquired under this Agreement or any securities
convertible into or exercisable or exchangeable for such Shares or (b) enter into any swap or other arrangement that transfers to another any of the economic consequences of ownership of Shares acquired under this Agreement, in each case to the
extent that such restrictions are agreed to by the Majority Principal Investors (as defined in the Stockholders Agreement) (or a majority of the shares of Common Stock if there are no Principal Investors remaining) with the underwriter(s) of such
public offering (the “Principal Lock-Up Agreement”); provided, however, that the Participant shall not be required by this Section 2(d) to be bound by a lock-up agreement covering a period of greater than 90 days
(180 days in the case of the Initial Public Offering) following the effectiveness of the related registration statement. Notwithstanding the foregoing, such lock-up agreement shall not apply to: (a) Transfers to Permitted Transferees of the
Participant permitted in accordance with the terms of this Agreement, (b) conversions of Shares into other classes of Shares or securities without change of Participant and (c) during the period preceding the execution of the underwriting
agreement, Transfers to a charitable organization, described by Section 501(c)(3) of the Code, permitted in accordance with the terms of the Stockholders Agreement. 

(e) Additional Restrictions. The Units and any Shares issued in settlement thereof are subject to such additional restrictions as are set forth in the
Stockholders Agreement and any employment or consulting agreement between the Participant and the Company or any Subsidiary or Affiliate, as well as such other restrictions upon the sale, pledge or other transfer of such Shares (including the
placement of appropriate legends on stock certificates or the imposition of stop-transfer instructions), that in the judgment of the Company, are necessary or desirable in order to achieve compliance with the Securities Act or the securities laws of
any state or any other law. 
 (f) Participant Undertaking. The Participant agrees to take whatever additional actions and execute whatever
additional documents that the Company may deem necessary or advisable to carry out or effect one or more of the obligations or restrictions imposed on either the Participant, Units or the Shares pursuant to the provisions of this Agreement or to
comply with applicable laws. 
 SECTION 3. TRANSFER 

(a) General Rule. The Units may not be transferred to any person other than to the Company or to a Permitted Transferee in accordance with the terms of
the Stockholders Agreement (whether or not the Participant has executed a joinder to the Stockholders Agreement) or any other applicable agreement entered into by the Company and the Participant; provided that notwithstanding the Stockholders
Agreement, the Company may restrict transfers to a Permitted Transferee if, in its sole and absolute discretion, the Company determines it desirable in order to limit the number of holders of record of shares of stock of the Company, so as to
prevent the Company from becoming a reporting company under the Securities and Exchange Act of 1934. Notwithstanding the above, this Section 3(a) shall cease to apply as to any Shares issued upon settlement of the Units upon an Initial Public
Offering, subject to the Stockholders Agreement or any other applicable agreement entered into by the Company and the Participant. 
 (b) Transferee
Obligations. If the Units are transferred to a Permitted Transferee, such Permitted Transferee must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Company that such person is bound by the provisions of
this Agreement to the same extent as if such Units were retained by the Participant. 

  
 2 

 SECTION 4. SETTLEMENT OF UNITS. 

(a) Time of Settlement. Subject to the terms of the Plan, the Notice and this Agreement, the Units shall be settled at such time and in such form as is
set forth in the Notice; provided, however, that Units shall be settled in all events no later than March 15 of the year following the year in which such Units vest. As of the Date of Grant set forth in the Notice, the Participant
shall enter into a joinder to the Stockholders Agreement (if not already a party to the Stockholders Agreement with respect to such Shares) substantially in the form attached hereto as Exhibit A, to become effective upon the settlement of the
Units by the delivery of Shares. 
 (b) Shareholder Rights. The Participant (or any successor in interest) shall not have any of the rights of a
shareholder (including, without limitation, voting, dividend and liquidation rights) with respect to the Units. 
 (c) Withholding Requirements.
Unless the Participant elects to satisfy the minimum applicable income and employment tax withholdings in connection with the settlement of Units by having Shares otherwise deliverable in such settlement, having a Fair Market Value equal to the
amount of such withholdings, withheld by the Company (a “Withholding Tax Election”), the Participant shall pay the amount of such withholdings to the Company in cash within ten (10) days after the Units vest, provided that, if
the Participant does not make such payment to the Company within such ten (10) day period, the Participant shall be deemed to have made a Withholding Tax Election. 

(d) Legend. The Shares issued in settlement of the Units shall, unless otherwise determined by the Company, bear the following legend: 

“THE VOTING OF THE SHARES OF STOCK REPRESENTED BY THIS CERTIFICATE, AND THE SALE, ENCUMBRANCE OR OTHER DISPOSITION THEREOF, ARE SUBJECT
TO THE PROVISIONS OF THIS RESTRICTED STOCK UNIT AWARD AGREEMENT. SUCH AGREEMENT INCLUDES RESTRICTIONS AND LIMITATIONS ON THE TRANSFER OF THE SHARES OF STOCK REPRESENTED BY THIS CERTIFICATE.” 

(e) No Fractional Shares. No scrip or fractional certificates will be issued with respect to any Shares issued in settlement of the Units. If a
Participant would otherwise be entitled to receive fractional Shares in respect of the Units, the Company shall round the number of Shares to be received to the closest whole Share; provided that in no event shall a Participant receive more than the
total number of Shares subject to the Award. If the number of Shares received by a Participant has been rounded down, the Company shall record the amount of such fractional Shares in a book entry account and shall issue one or more whole Shares in
respect of such amount on the last settlement date applicable to such Award; provided, however, if a Participant’s account is credited with fractional Shares on the date immediately prior to the expiration or termination of the Award, the
Company shall pay the Participant cash in lieu of such fractional Shares. 

  
 3 

 SECTION 5. RESTRICTIONS ON SHARES. 

(a) Drag-Along Rights. Shares issued in settlement of the Units shall be subject to the Drag-Along Rights as set forth in Sections 4.2 and 4.3 of the
Stockholders Agreement (whether or not the Participant is a signatory thereof), the provisions of such Sections 4.2 and 4.3 of the Stockholders Agreement to apply mutatis mutandis to this Agreement. The Participant shall be deemed to have
appointed each member of the Principal Investors, with full power of substitution, as the Participant’s true and lawful representative and attorney-in-fact, in such Participant’s name, place and stead, to execute and deliver any and all
agreements that the members of the Principal Investors reasonably believe are consistent with the purposes of Sections 4.2 and 4.3 of the Stockholders Agreement. The foregoing power of attorney is coupled with an interest sufficient in law to
support an irrevocable power and shall continue in full force and effect notwithstanding the subsequent death, incapacity, bankruptcy or dissolution of any Participant 

(b) Tag-Along Rights. Shares issued in settlement of the Units shall be subject to the Tag-Along Rights as, and to the extent, set forth in
Section 4.1 of the Stockholders Agreement (whether or not the Participant is a signatory thereof), the provisions of such Section 4.1 of the Stockholders Agreement to apply mutatis mutandis to this Agreement. 

(c) Voting Rights. The Participant hereby appoints each Principal Investor as its proxy to vote the Shares issued in settlement of the Units, whether
at a meeting or by written consent in accordance with the provisions of Section 2 of the Stockholders Agreement (whether or not the conditional joinder to the Stockholders Agreement executed by the Participant becomes effective pursuant to
Section 4 hereof). The proxy granted hereby is irrevocable and coupled with an interest sufficient in law to support an irrevocable power. Solely with respect to Participants whose joinder to the Stockholders Agreement has become effective,
this proxy shall not be used to affect any amendment pursuant to the Stockholders Agreement and Registration Rights Agreement, which, by its terms, Discriminates (as defined in the Registration Rights Agreement) against the holders of Management
Shares (as such term is defined in the Stockholders Agreement); provided that it is understood and agreed that, for the purposes of interpreting and enforcing this proxy, amendments that affect all Stockholders (as such term is defined in the
Stockholders Agreement) will not be deemed to Discriminate against the holders of Management Shares simply because holders of such shares (i) own or hold more or less Shares than any other Stockholders, (ii) invested more or less money in
the Company or its direct or indirect subsidiaries than any other Stockholders or (iii) have greater or lesser voting rights or powers than any other Stockholders. Notwithstanding the above, this paragraph 5(d) shall cease to apply as to any
such Shares upon the termination of the Stockholders Agreement as to such Shares, subject to any other applicable agreement entered into by the Company and the Participant. 

(d) Forfeiture of Shares upon Termination for Cause. The Shares issued in settlement of the Units shall be forfeited without payment therefor in the
event the Participant’s Service is terminated for Cause or the Participant resigns at a time when Cause existed (without regard to any applicable cure periods), except to the extent that the intent of the parties to permit such a forfeiture
would be impermissible under California law (only if and to the extent that California Law is applicable). 
 (e) Additional Shares or Substituted
Securities. In the event of the declaration of a stock dividend, the declaration of an extraordinary dividend payable in a form other than stock, a spin-off, a stock split, an adjustment in conversion ratio, a recapitalization or a similar
transaction affecting the Company’s outstanding securities without receipt of consideration, any new, substituted or additional securities or other property (including money paid other than as an ordinary cash dividend) which are by reason of
such transaction distributed with respect to any of the Shares subject to this Section 5 or into which such Shares thereby become convertible shall immediately be subject to this Section 5. 

  
 4 

 SECTION 6. CALL RIGHT. 

(a) Call Right. If the Participant’s Service with the Company ceases for any reason, the Company shall have the right (but not an obligation) to
call any Shares issued in settlement of the Units on such termination (or at any time thereafter). 
 (b) Exercise Notice. In the event the Company
wishes to exercise its Call Right, the Company shall notify the Participant (or any Permitted Transferee to whom the Shares have been transferred) by written notice that the Company has elected to exercise such right, and the number of Shares with
respect to which the right is being exercised. 
 (c) Execution of Call. The closing of any purchase and sale pursuant to the Call Right shall take
place at the principal office of the Company as soon as reasonably practicable and in no event later than thirty (30) days after the date of the Company’s exercise notice described in Section 6(b) or at such other time and location as
the parties to such purchase may mutually determine. 
 (d) Purchase Price. If the Company exercises the Call Right, the Participant shall sell, and
shall cause any Permitted Transferee to whom Shares have been transferred to sell (and such Permitted Transferee shall sell), to the Company all of the Shares subject to the Call Right and the Company shall purchase each such Share for its Fair
Market Value on the date of the issuance of the Company’s exercise notice pursuant to Section 6(b). The Company shall make commercially reasonable efforts, as determined by the Board of Directors in good faith, to pay all or any portion of
the repurchase price in cash. However, if the Company cannot make all or any portion of the payment in cash it shall issue a promissory note with a principal amount equal to the amount of the repurchase price which was not paid in cash (e.g., the
full amount or a portion thereof, as applicable), on which interest will accrue on the principal thereof at a rate equal to the prime rate and the principal, together with the interest thereon, will become due and payable, to the extent commercially
reasonable (as determined by the Board of Directors), in three equal annual installments, payable on the first, second and third anniversaries of the date of issuance thereof. 

(e) Lapse of Rights. The Call Right shall lapse upon an Initial Public Offering. 

(f) Additional Shares or Substituted Securities. In the event of the declaration of a stock dividend, the declaration of an extraordinary dividend
payable in a form other than stock, a spin-off, a stock split, an adjustment in conversion ratio, a recapitalization or a similar transaction affecting the Company’s outstanding securities without receipt of consideration, any new, substituted
or additional securities or other property (including money paid other than as an ordinary cash dividend) which are by reason of such transaction distributed with respect to any of the Shares subject to the Call Right or into which such Shares
thereby become convertible shall immediately be subject to this Section 6. 
 (g) Termination of Rights as Shareholder. If the Company makes
available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Shares to be purchased in accordance with this Section 6, then after such time the person from whom such Shares are to be
purchased shall no longer have any rights as a holder of such Shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such Shares shall be deemed to have been purchased in accordance with the
applicable provisions hereof, whether or not the certificate(s) therefor have been delivered as required by this Agreement. 

  
 5 

 SECTION 7. MISCELLANEOUS PROVISIONS. 

(a) No Retention Rights. Nothing in this Agreement or in the Plan shall confer upon the Participant any right to continue in Service for any period of
specific duration or interfere with or otherwise restrict in any way the rights of the Company (or any Subsidiary or Affiliate employing or retaining the Participant) or of the Participant, which rights are hereby expressly reserved by each, to
terminate his or her Service at any time and for any reason, with or without Cause. 
 (b) Notification. Any notice required by the terms of this
Agreement shall be given in writing and shall be deemed effective upon personal delivery or upon deposit with the United States Postal Service, by registered or certified mail, or a nationally recognized overnight express mail service with postage
and fees prepaid. Notice shall be addressed to the Company at its principal executive office to the attention of the Executive Vice President and Chief Human Resources Officer of the Company with a copy to the Executive Vice President, General
Counsel and Secretary of the Company, and to the Participant at the address that he or she most recently provided to the Company. 
 (c) Entire
Agreement. This Agreement, the Notice, the Plan, the Stockholders Agreement (or such other stockholders agreement entered into by the Company and the Participant), any employment or consulting agreement between the Participant and the Company,
and, for the avoidance of doubt, constitute the entire contract between the parties hereto with regard to the subject matter hereof. They supersede any other agreements, representations or understandings (whether oral or written and whether express
or implied) which relate to the subject matter hereof. 
 (d) Waiver. No waiver of any breach or condition of this Agreement shall be deemed to be a
waiver of any other or subsequent breach or condition whether of like or different nature. 
 (e) Successors and Assigns. The provisions of this
Agreement shall inure to the benefit of, and be binding upon, the Company and its successors and assigns and upon the Participant, the Participant’s assigns and the legal representatives, heirs and legatees of the Participant’s estate,
whether or not any such person shall have become a party to this Agreement and have agreed in writing to be joined herein and be bound by the terms hereof. 

(f) Choice of Law. This Agreement shall be governed by, and construed in accordance with, the laws of the State of Delaware, as such laws are applied
to contracts entered into and performed in such State. 
 (g) Compliance with Section 409A of the Code. The Company intends that the Units be
structured in compliance with, or to satisfy an exemption from, Section 409A of the Internal Revenue Code of 1986, as amended, and all regulations, guidance, compliance programs and other interpretative authority thereunder (“Section
409A”), such that there are no adverse tax consequences, interest, or penalties as a result of the payments. Notwithstanding the Company’s intention, in the event the Units are subject to Section 409A, the Committee (as defined in
the Plan) may, in its sole discretion, take the actions described in Section 12 of the Plan. Notwithstanding any contrary provision in the Plan or Award Agreement, any payment(s) of nonqualified deferred compensation (within the meaning of
Section 409A) that are otherwise required to be made under the Agreement to a “specified employee” (as defined under Section 409A) as a result of his or her separation from service (other than a payment that is not subject to
Section 409A) shall be delayed for the first six (6) months following such separation from service (or, if earlier, the date of death of the specified employee) and shall instead be paid on the date that immediately follows the end of such
six-month period or as soon as administratively practicable thereafter. A termination of Service shall not be deemed to have occurred for purposes of any provision of the 

  
 6 

 
Agreement providing for the payment of any amounts or benefits that are considered nonqualified deferred compensation under Section 409A upon or following a termination of Service, unless
such termination is also a “separation from service” within the meaning of Section 409A and the payment thereof prior to a “separation from service” would violate Section 409A. For purposes of any such provision of the
Agreement relating to any such payments or benefits, references to a “termination,” “termination of Service” or like terms shall mean “separation from service.” 

SECTION 8. DEFINITIONS. 
 (a) “Agreement”
shall mean this Restricted Stock Unit Award Agreement. 
 (b) “Call Right” shall mean the Call Right described in Section 6 of this
Agreement. 
 (c) “Change of Control” shall have the meaning ascribed to such term in the Plan. 

(d) “Common Stock” shall mean the common stock, par value $0.001 per share, of the Company. 

(e) “Company” shall have the meaning described in Section 1(a) of this Agreement. 

(f) “Company Securities” shall mean Common Stock or such other class or kind of shares or other securities resulting from an event described
in Section 10 of the Plan. 
 (g) “Good Reason” shall mean either (i) a material reduction in base salary or (ii) a
relocation of the Participant’s primary office at least fifty (50) miles farther from both the Participant’s then primary office location and the Participant’s then primary residence, provided the Participant gives notice to the
Company of a Good Reason event within thirty (30) days of the occurrence of the event, the Company does not cure such event within thirty (30) days of receipt of such notice and the Participant terminates Service within ten (10) days
thereafter; provided, however, that if a Participant is a party to any employment or other agreement governing the provision of services to the Company or any Subsidiary or Affiliate, and such agreement defines “Good Reason” (or term of
like import), “Good Reason” shall have the meaning given to such term (or term of like import) in such agreement 
 (h) “Initial Public
Offering” shall mean (i) “initial public offering” as defined in the Stockholders Agreement and (ii) Company Securities otherwise becoming traded on a national securities exchange. 

(i) “Notice” shall have the meaning described in Section 1(a) of this Agreement. 

(j) “Participant” shall mean the person named in the Notice. 

(k) “Permanent Disability” shall mean “Disability” as defined in any employment agreement between the Company and the Participant
governing the provision of Service by the Participant to the Company and its Affiliates as of the date hereof, and shall be interpreted in accordance with the procedures set forth therein, or in the absence of such an agreement, Permanent Disability
shall mean the Participant’s absence from the full-time performance of the Participant’s duties with the Company for 180 consecutive calendar days as a result of incapacity due to mental or physical illness, which is determined to be total
and permanent by the Board of Directors, in its sole discretion. 
 (l) “Permitted Transferee” shall mean “permitted transferee”
as defined in the Stockholders Agreement. 

  
 7 

 (m) “Plan” shall have the meaning described in Section 1(a) of this Agreement. 

(n) “Principal Investors” shall mean the “principal investors” as defined in the Stockholders Agreement. 

(o) “Qualified Public Offering” shall mean a “qualified public offering” as defined in the Stockholders Agreement. 

(p) “Registration Rights Agreement” shall mean the Amended and Restated Participation, Registration Rights and Coordination Agreement by and
among the Company, Broadcast Media Partners Holdings, Inc., Univision Communications Inc. and Certain Persons who will be stockholders of the Company, dated as of December 20, 2010, as may be amended from time to time. 

(q) “Service” shall have the meaning ascribed to such term in the Plan. 

(r) “Share” shall mean a share of Common Stock, or such other class or kind of shares or other securities resulting from the application of
Section 10 of the Plan. 
 (s) “Stockholders Agreement” shall mean the Amended and Restated Stockholders Agreement by and among the
Company, Broadcast Media Partners Holdings, Inc., Univision Communications Inc., and Certain Stockholders of Broadcasting Media Partners, Inc., dated as of December 20, 2010, as amended from time to time. 

(t) “Transfer” shall mean “transfer” as defined in the Stockholders Agreement. 

(u) “Units” shall have the meaning described in Section 1(a) of this Agreement. 

(v) “Withholding Tax Election” shall have the meaning described in Section 4(c) of this Agreement. 

  
 8Exhibit 4.3

 Exhibit 4.3 

CAPITAL ONE MASTER TRUST 
 [FORM
OF] SECOND AMENDMENT TO AMENDED AND 
 RESTATED RECEIVABLES PURCHASE AGREEMENT 

This SECOND AMENDMENT TO AMENDED AND RESTATED RECEIVABLES PURCHASE AGREEMENT, dated as of
[            ] [            ], 201[ ] (the “Amendment”) to the Amended and Restated Receivables Purchase
Agreement, dated as of August 1, 2002, as amended and restated as of July 1, 2007, as amended by the First Amendment thereto, dated as of March 1, 2008 (the “Agreement”), is entered into between CAPITAL ONE BANK
(USA), NATIONAL ASSOCIATION, a national banking association (the “Bank” or “Capital One”), and CAPITAL ONE FUNDING, LLC, a Virginia limited liability company (“Funding”). 

WHEREAS, pursuant to Section 9.01 of the Agreement, the Bank and Funding desire to amend the Agreement to include dispute resolution
provisions as specified herein; 
 NOW, THEREFORE, in consideration of the premises and agreements contained herein and notwithstanding
anything to the contrary set forth in the Agreement, the undersigned parties hereby agree as follows: 
 ARTICLE I 

AMENDMENTS 
 Section 1.01.
Amendments to the Agreement. The Agreement is hereby amended as follows: 
 (a) Section 1.01 of the Agreement is hereby amended
by deleting the term “Pooling and Servicing Agreement” in its entirety and replacing it with the following: 

“Pooling and Servicing Agreement” shall mean the Amended and Restated Pooling and Servicing Agreement, dated
as of September 30, 1993, as amended and restated as of August 1, 2002, January 13, 2006, July 1, 2007 and
[            ] [            ], 201[ ], among Funding, as Transferor, Capital One, as Servicer, and The Bank of New York
Mellon, as Trustee, as amended and supplemented from time to time. 
 (b) Section 1.01 of the Agreement is hereby amended by adding the
following defined terms in the appropriate alphabetical order: 
 “AAA” has the meaning specified in
subsection 6.03(b)(i). 
 “Qualified Dispute Resolution Professional” shall mean an attorney or
retired judge that is independent, impartial, knowledgeable about and experienced with the laws of the State of New York, specializing in commercial litigation with at least 15 

 years of experience and whose name is on a list of neutral parties maintained by
the AAA. 
 “Representing Party” has the meaning specified in subsection 6.03(a). 

“Requesting Party” has the meaning specified in subsection 6.03(a). 

“Rules” has the meaning specified in subsection 6.03(b)(i). 

(c) Article VI of the Agreement is hereby amended by adding the following as Section 6.03: 

Section 6.03. Dispute Resolution. 

(a) If any Receivable is subject to repurchase pursuant to Section 6.01 or Section 6.02 of this Agreement, which
repurchase is not resolved in accordance with the terms of this Agreement within 180 days after notice is delivered to Capital One as specified in any such Section, the party providing such notice (the “Requesting Party”) will have
the right to refer the matter, at its discretion, to either third-party mediation (including nonbinding arbitration) or binding arbitration pursuant to this Section 6.03 and Capital One is hereby deemed to consent to the selected resolution
method. At the end of the 180-day period described above, the Representing Party (as defined below) may provide notice informing the Requesting Party of the status of its request or, in the absence of any such
notice, the Requesting Party may presume that its request remains unresolved. The Requesting Party must provide written notice of its intention to refer the matter to mediation or arbitration to Capital One (in such capacity, the
“Representing Party”) within 30 calendar days following such 180th day. Capital One agrees to participate in the resolution method selected by the Requesting Party. 

(b) If the Requesting Party selects mediation as the resolution method, the following provisions will apply: 

(i) The mediation will be administered by the American Arbitration Association (the “AAA”) pursuant to its
Commercial Arbitration Rules and Mediation Procedures in effect at the time the mediation is initiated (the “Rules”); provided, that if any of the Rules are inconsistent with the procedures for the mediation or arbitration
stated in this Agreement, the procedures in this Agreement will control. 
 (ii) The mediator must be a Qualified Dispute
Resolution Professional. Upon being supplied a list, by the AAA, of at least ten potential mediators that are each Qualified Dispute Resolution Professionals, each of the Requesting Party and the Representing Party will have the right to exercise
two peremptory challenges within 14 days and to rank the remaining potential mediators in order of preference. The AAA will select the mediator from the remaining potential mediators on the list, respecting the preference choices of the parties to
the extent possible. 

  
 -2- 

 (iii) Each of the Requesting Party and the Representing Party will use
commercially reasonable efforts to begin the mediation within [        ] Business Days of the selection of the mediator and to conclude the mediation within
[        ] days of the start of the mediation. 
 (iv) The fees and expenses
of the mediation will be allocated as mutually agreed by the Requesting Party and the Representing Party as part of the mediation. 

(v) A failure by the Requesting Party and the Representing Party to resolve a disputed matter through mediation shall not
preclude either party from seeking a resolution of such matter through the initiation of a judicial proceeding in a court of competent jurisdiction, subject to subsection 6.03(d) below. 

(c) If the Requesting Party selects arbitration as the resolution method, the following provisions will apply: 

(i) The arbitration will be held in accordance with the United States Arbitration Act, notwithstanding any choice of law
provision in this Agreement, and under the auspices of the AAA and in accordance with the Rules. 
 (ii) If the repurchase
request specified in subsection 6.03(a) involves the repurchase of an aggregate amount of Receivables of less than $[            ], a single arbitrator will be used. That
arbitrator must be a Qualified Dispute Resolution Professional. Upon being supplied a list of at least ten potential arbitrators that are each Qualified Dispute Resolutions Professionals by the AAA, each of the Requesting Party and the Representing
Party will have the right to exercise two peremptory challenges within [        ] days and to rank the remaining potential arbitrators in order of preference. The AAA will select the arbitrator from the
remaining potential arbitrators on the list respecting the preference choices of the parties to the extent possible. 

(iii) If the repurchase request specified in subsection 6.03(a) involves the repurchase of an aggregate amount of
Receivables equal to or in excess of $[            ], a three-arbitrator panel will be used. The arbitral panel will consist of three Qualified Dispute Resolution Professionals,
(A) one to be appointed by the Requesting Party within five Business Days of providing notice to the Representing Party of its selection of arbitration, (B) one to be appointed by the Representing Party within five Business Days of the
Requesting Party’s appointment of an arbitrator, and (C) the third, who will preside over the arbitral panel, to be chosen by the two party-appointed arbitrators within five Business Days of the Representing Party’s appointment. If
any party fails to appoint an arbitrator or the two party-appointed arbitrators fail to appoint the third within the relevant time periods, then the appointments will be made by the AAA pursuant to the Rules. 

(iv) Each arbitrator selected for any arbitration will abide by the Code of Ethics for Arbitrators in Commercial Disputes in
effect at the time the arbitration is initiated. Prior to accepting an appointment, each arbitrator must promptly disclose any circumstances likely to create a reasonable inference of bias or conflict of interest or likely to preclude completion of
the hearings within the prescribed time schedule. Any arbitrator selected may be removed by the AAA for cause consisting of actual bias, conflict of interest or other serious potential for conflict. 

  
 -3- 

 (v) The Requesting Party and the Representing Party each agree that it is their
intention that after consulting with the parties, the arbitrator or arbitral panel, as applicable, will devise procedures and deadlines for the arbitration, to the extent not already agreed to by the parties, with the goal of expediting the
proceeding and completing the arbitration within [        ] days after appointment of the arbitrator or arbitral panel, as applicable. The arbitrator or the arbitral panel, as applicable, will have the
authority to schedule, hear, and determine any and all motions, including dispositive and discovery motions, in accordance with New York law then in effect (including prehearing and post hearing motions), and will do so on the motion of any party to
the arbitration. Notwithstanding any other discovery that may be available under the Rules, unless otherwise agreed by the parties, each party to the arbitration will be limited to the following discovery in the arbitration: 

(A) Consistent with the expedited nature of arbitration, the Requesting Party and the Representing Party will, upon the
written request of the other party, promptly provide the other with copies of documents relevant to the issues raised by any claim or counterclaim on which the producing party may rely in support of or in opposition to the claim or defense. 

(B) At the request of a party, the arbitrator or arbitral panel, as applicable, shall have the discretion to order examination
by deposition of witnesses to the extent the arbitrator or arbitral panel deems such additional discovery relevant and appropriate. Depositions shall be limited to a maximum of three (3) per party and shall be held within thirty
(30) calendar days of the making of a request. Additional depositions may be scheduled only with the permission of the arbitrator or arbitral panel, and for good cause shown. Each deposition shall be limited to a maximum of three
(3) hours’ duration. All objections are reserved for the arbitration hearing except for objections based on privilege and proprietary or confidential information. 

(C) Any dispute regarding discovery, or the relevance or scope thereof, shall be determined by the arbitrator or arbitral
panel, which determination shall be conclusive. 
 (D) All discovery shall be completed within sixty (60) calendar days
following the appointment of the arbitrator or the arbitral panel, as applicable; provided, that the arbitrator or the arbitral panel, as applicable, will have the ability to grant the parties, or either of them, additional discovery to the
extent that the arbitrator or the arbitral panel, as applicable, determines good cause is shown that such additional discovery is reasonable and necessary. 

  
 -4- 

 (vi) The Requesting Party and the Representing Party each agree that it is their
intention that the arbitrator or the arbitral panel, as applicable, will resolve the dispute in accordance with the terms of this Agreement, and may not modify or change this Agreement in any way. The arbitrator or the arbitral panel, as applicable,
will not have the power to award punitive damages or consequential damages in any arbitration conducted. The Requesting Party and the Representing Party each agree that it is their intention that in its final determination, the arbitrator or the
arbitral panel, as applicable, will determine and award the costs of the arbitration (including the fees of the arbitrator or the arbitral panel, as applicable, cost of any record or transcript of the arbitration, and administrative fees) and
reasonable attorneys’ fees to the parties as determined by the arbitrator or the arbitral panel, as applicable, in its reasonable discretion. The determination of the arbitrator or the arbitral panel, as applicable, must be consistent with the
provisions of this Agreement, including Section 9.06 (with the understanding that any costs allocated to Funding under this subsection 6.03(c)(vi) will be limited as though such costs were claims of Capital One for purposes of
Section 9.06), and will be in writing and counterpart copies will be promptly delivered to the parties. The determination of the arbitrator or the arbitral panel, as applicable, may be reconsidered once by the arbitrator or the arbitral
panel, as applicable, upon the motion and at the expense of either party. Following that single reconsideration, the determination of the arbitrator or the arbitral panel, as applicable, will be final and non-appealable and may be entered in and may
be enforced in, any court of competent jurisdiction. 
  (vii) By selecting binding arbitration, the Requesting Party is
giving up the right to sue in court, including the right to a trial by jury. 
  (viii) No Person may bring a putative
or certified class action to arbitration. 
 (d) The following provisions will apply to both mediations and arbitrations: 

(i) Any mediation or arbitration will be held in New York, New York. 

(ii) Notwithstanding this dispute resolution provision, the parties will have the right to seek provisional or ancillary
relief from a competent court of law, including a temporary restraining order, preliminary injunction or attachment order, provided such relief would otherwise be available by law. 

(iii) The details and/or existence of any unfulfilled repurchase request specified in subsection 6.03(a) above, any
informal meetings, mediations or arbitration proceedings, including all offers, promises, conduct and statements, whether oral or written, made in the course of the parties’ attempt to informally resolve an unfulfilled repurchase request, and
any discovery taken in connection with any arbitration, will be confidential, privileged and inadmissible for any purpose, including impeachment, in any mediation, arbitration or litigation, or other proceeding; provided, however, that any discovery
taken in any arbitration will be admissible in that particular arbitration. Such information will be kept strictly confidential and will not be disclosed or discussed with any third party (excluding a party’s attorneys, experts,

  
 -5- 

 
accountants and other agents and representatives, as reasonably required in connection with the related resolution procedure), except as otherwise required by law, regulatory requirement or court
order. If any party to a resolution procedure receives a subpoena or other request for information from a third party (other than a governmental regulatory body) for such confidential information, the recipient will promptly notify the other party
to the resolution procedure and will provide the other party with the opportunity to object to the production of its confidential information. Notwithstanding anything in this Section 6.03 to the contrary, any discovery taken in
connection with any arbitration pursuant to subsection 6.03(c) above will be admissible in such arbitration. 
 ARTICLE II 

CONDITIONS PRECEDENT 

Section 2.01. Effectiveness. The amendments and assignments provided for by this Amendment shall become effective upon
satisfaction of the following conditions: 
 (a) prior notice from the Bank to Funding, the Trustee and each Rating Agency of this Amendment
delivered pursuant to Sections 9.01 of the Agreement; 
 (b) delivery of written confirmation to Funding and the Trustee from each
Rating Agency that this Amendment will not result in the reduction or withdrawal of the respective ratings of such Rating Agency for any securities issued by the Trust delivered pursuant to Sections 9.01 of the Agreement; 

(c) delivery of an Officer’s Certificate, from the Bank to Funding, stating that the Bank reasonably believes that such action will not
cause a Pay Out Event delivered pursuant to Section 9.01 of the Agreement; 
 (d) a copy of this Amendment shall be sent to each Rating
Agency; and 
 (e) delivery of counterparts of this Amendment, duly executed by the parties hereto. 

ARTICLE III 
 MISCELLANEOUS

 Section 3.01. Waiver of Notice. Notwithstanding anything to the contrary set forth in the Agreement, each of the undersigned
parties hereby waive any notice or other timing requirements with respect to and gives its consent to the amendments and assignments provided for herein. 

Section 3.02. Ratification of Agreement. Except as specifically amended, modified or supplemented by this Amendment, the Agreement
is hereby confirmed and ratified in all respects and shall remain in full force and effect. This Amendment shall not constitute a 

  
 -6- 

 
novation of the Agreement, but shall constitute an amendment and assignment thereof. Each of the parties to the Agreement agrees to be bound by the terms of the obligations of the Agreement, as
amended and assigned by this Amendment, as though the terms and obligations of such agreement were set forth herein. 
 Section 3.03.
Counterparts. This Amendment may be executed in any number of counterparts and by separate parties hereto on separate counterparts, each of which when executed shall be deemed an original, but all such counterparts taken together shall
constitute one and the same instrument. 
 Section 3.04. Governing Law. THIS AMENDMENT SHALL BE CONSTRUED IN ACCORDANCE WITH THE
LAWS OF THE STATE OF NEW YORK, WITHOUT REFERENCE TO ITS CONFLICT OF LAW PROVISIONS (OTHER THAN SECTION 5-1401 OF THE GENERAL OBLIGATIONS LAW), AND THE OBLIGATIONS, RIGHTS, REMEDIES OF THE PARTIES
HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS. 
 Section 3.05. Defined Terms and Section References. Capitalized
terms used herein and not otherwise defined herein shall have the meanings given to such terms in the Agreement. All Section or Subsection references herein shall mean Sections or Subsections in the Agreement, except as otherwise provided herein.

  
 -7- 

 IN WITNESS WHEREOF, the undersigned parties have caused this Amendment to be duly executed by
their respective officers thereunto duly authorized, all as of the date first above written. 
  

			
	 CAPITAL ONE BANK (USA),

NATIONAL ASSOCIATION

		
	 By:
	 	  

		 	Name:
		 	Title:
	
	 CAPITAL ONE FUNDING, LLC

		
	 By:
	 	  

		 	Name:
		 	Title:

 Acknowledged and Accepted by: 
  

			
	 THE BANK OF NEW YORK MELLON,

as Trustee

		
	 By:
	 	  

		 	Name:
		 	Title:

 [Signature Page to Second Amendment to COMT Receivables Purchase Agreement]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00253-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00253-of-00352.parquet"}]]