Document:

Executive Employment Agreement

 EXHIBIT 10.1 
 EXECUTIVE EMPLOYMENT AGREEMENT 
 This Executive Employment Agreement (the “Agreement”) is
entered into effective as of May 12, 2008 (the “Effective Date”) by and between Entravision Communications Corporation, a Delaware corporation (the “Company”), and Christopher T. Young (the “Executive”).

  

	 	1.	Employment. 

  

	 	a.	The Executive shall serve as the Company’s Executive Vice President and Chief Financial Officer (“CFO”) during the term of this Agreement. The Executive will perform
such duties as are customarily performed by a chief financial officer of similar organizations, including the duties as may reasonably be assigned from time to time by the Company’s Chief Executive Officer (the “CEO”) that are
consistent with such title and position. The Executive shall report directly to the CEO. In performing his duties, the Executive will abide by all applicable federal, state and local laws, as well as the Company’s bylaws, rules, regulations and
policies, as may be amended from time to time. 

  

	 	b.	The Executive shall devote his entire productive time, ability and attention to the Company’s business during the term of this Agreement. The Executive shall not engage in any
other business duties or pursuits whatsoever, or directly or indirectly render any services of a business, commercial or professional nature to any other person or organization, whether for compensation or otherwise, without the prior written
consent of the CEO. The foregoing shall not preclude the Executive from engaging in appropriate civic, charitable or religious activities or from devoting a reasonable amount of time to passive private investments or from serving on the boards of
directors of other entities (provided that any director position shall require the prior written consent of the CEO), as long as such activities and/or services do not interfere or conflict with his responsibilities to the Company, and any provision
of this Agreement. The Executive shall not directly or indirectly acquire, hold or retain any interest in any business competing with or similar in nature to the business of the Company, or which in any other way creates a conflict of interest,
except for up to one percent (1%) ownership interests in public companies. During the term of this Agreement, the Executive shall not in any way engage or participate in any business that is in competition with the Company.

  

	 	2.	Term. Beginning on the Effective Date, the Company agrees to employ the Executive and the Executive accepts employment with the Company until May 11, 2011, or until such
time that the Executive’s employment is terminated in accordance with the terms of this Agreement. 

  

	 	3.	Salary and Benefits. 

  

	 	a.	 Salary. The Executive will receive an annual base salary of Three Hundred Fifty Thousand Dollars ($350,000), payable in equal installments according to the
Company’s regular paydays, less any applicable taxes and withholding (the “Base Annual Compensation”). The Base Annual Compensation may be increased, in the discretion of the Company’s Compensation Committee, on the first and
second anniversaries of the Effective Date of this Agreement. The increase, if any, to the Base Annual Compensation made on the first 

	 	 
and/or second anniversaries of the Effective Date of this Agreement shall be made with reference to the increase in base compensation given, in the same time
period, to the Company’s employees generally and such other factors as may be considered by the Company’s Compensation Committee, in its sole discretion. 

  

	 	b.	Discretionary Bonus. The Executive is eligible for a discretionary annual bonus of up to fifty percent (50%) of his then-applicable Base Annual Compensation, subject to
the approval of the Company’s Compensation Committee, in its sole discretion. 

  

	 	c.	Benefit Coverage. The Executive is entitled to participate in all executive benefit programs and plans established by the Company from time to time for the benefit of its
executives generally and for which the Executive is eligible. 

  

	 	d.	Vacation and Holidays. The Executive is entitled to paid vacation time in accordance with the vacation policies established by the Company for its employees, as may be
amended from time to time. The Executive will also be entitled to the paid holidays as set forth in the Company’s policies. 

  

	 	e.	Equity Incentive Grants. The Executive is eligible for equity incentive grants under the Entravision Communications Corporation 2004 Equity Incentive Plan.

  

	 	f.	Expenses. The Company will pay on behalf of the Executive (or reimburse the Executive for) reasonable expenses incurred by the Executive at the request of, or on behalf of,
the Company in performance of the Executive’s duties pursuant to this Agreement, and in accordance with the Company’s employment policies. The Executive must prepare and submit expense reports with respect to such expenses in accordance
with the Company’s policies. 

  

	 	g.	Relocation Expenses. The Company will reimburse the Executive for the Executive’s reasonable relocation expenses for transportation of household goods and travel
expenses for the Executive and his immediate family from the New York City metropolitan area to the Los Angeles metropolitan area, upon submission to the Company of appropriate standard documentation. 

  

	 	h.	Miscellaneous. The Company will indemnify the Executive consistent with the Company’s other executive officers and its legal obligations under California Labor Code
Section 2802. 

  

	 	4.	Termination of Employment. 

  

	 	a.	The Company or the Executive may terminate this Agreement and the Executive’s employment at any time, with or without Cause (as defined below). 

  

	 	b.	In the event the Executive is terminated for “Cause,” the Executive shall not be entitled to any severance compensation or any other compensation from the Company except
for such salary and benefits as the Executive may have earned prior to the Executive’s termination. If terminated for “Cause,” the Executive shall be ineligible for any bonus, prorated or otherwise. For purposes of this Agreement, the
Company may terminate this Agreement for “Cause” for any of the following reasons: 

  

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	 	(i)	The Executive’s continued failure to substantially perform his job duties and responsibilities, provided that written notice is provided by the Company and the performance
problem is not satisfactorily cured within sixty (60) days. 

  

	 	(ii)	The Executive’s serious misconduct, dishonesty or disloyalty, which is actually or potentially harmful to the Company. 

  

	 	(iii)	The Executive’s willful, reckless or grossly negligent act or omission that is materially harmful to the Company. 

  

	 	(iv)	The Executive’s material breach of any provision of this Agreement, provided written notice of such breach is given by the Company and the Executive is given at least thirty
(30) days to cure the breach. 

  

	 	c.	Should the Company terminate the Executive’s employment without Cause, or should the Executive voluntarily terminate his employment for Good Reason (as defined below), in
addition to (i) salary and benefits the Executive might have earned prior to his termination and (ii) any discretionary bonus approved by the Company’s Compensation Committee prior to his termination, the Company will pay the
Executive severance pay in an amount equal to the Executive’s then-current Base Annual Compensation (exclusive of incentive or bonus pay, benefits and other non-cash remuneration) multiplied by one (1). At the Company’s option, payment of
severance compensation under this Section 4 may be paid in equal payments, corresponding to the Company’s usual executive paydays. The Executive’s receipt of the severance payment described in this Section 4.c is conditioned upon
the Executive’s executing a customary form of release whereby the Executive waives all claims arising out of his employment and termination of employment. 

  

	 	d.	 For purposes of this Agreement, “Good Reason” shall mean (i) a reduction in the Executive’s then-current Base Annual Compensation, unless such
reduction is applicable generally to similarly-situated senior executives of the Company, (ii) a Change in Control (as defined below) of the Company in which the Executive is not offered continued employment as (1) the chief financial
officer of the Company, (2) the chief financial officer of the surviving entity or (3) the chief financial officer of a separate division or subsidiary of the surviving entity (provided that such division or subsidiary must have assets and
operations comparable to the assets and operations of the Company immediately prior to the Change in Control) or (iii) the requirement, within one hundred twenty (120) days following a Change in Control of the Company, that the Executive
move his residence outside the greater Los Angeles, California metropolitan area. For purposes of this Agreement, “Change in Control” shall mean the acquisition of the Company by another entity by means of any transaction or series or
related transactions (including, without limitation, any reorganization, merger or consolidation, but excluding any merger effected exclusively for the purpose of changing the domicile of the Company), where the Company’s stockholders of record
as constituted immediately prior to such acquisition will, immediately after such acquisition, hold less than fifty percent (50%) of the voting power of the surviving or acquiring entity. Any termination for Good Reason shall be communicated by
the Executive’s delivery of written notice to the Company, in accordance with Section 6 below, indicating that the Executive is voluntarily terminating his employment for 

  

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Good Reason and setting forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of the Executive’s employment
for Good Reason. 

  

	 	5.	Confidentiality. 

  

	 	a.	The Executive recognizes that his employment with the Company will involve contact with information of substantial value to the Company, which is not generally known to the public
and which gives the Company an advantage over its competitors who do not know or use it, including, without limitation, techniques, designs, drawings, processes, inventions, developments, equipment, prototypes, sales and customer information and
business and financial information relating to the business, products, practices and techniques of the Company (hereinafter referred to as “Confidential Information”). Confidential Information includes all information disclosed by the
Company or its clients, and information learned by the Executive during the course of employment with the Company. Notwithstanding the foregoing, Confidential Information shall not be information which: (i) has entered the public domain through
no action or failure to act of the Executive; (ii) prior to disclosure hereunder was already lawfully in the Executive’s possession without any obligation of confidentiality; (iii) subsequent to disclosure hereunder is obtained by the
Executive on a non-confidential basis from a third party who has the right to disclose such information to the Executive; or (iv) is ordered to be or otherwise required to be disclosed by the Executive by a court of law or other governmental
body; provided, however, that the Company is notified of such order or requirement and given a reasonable opportunity to intervene. 

  

	 	b.	At all times during and after the Executive’s employment with the Company, he will keep confidential and not use or disclose to any third party any Confidential Information,
except in the course of his employment with the Company. 

  

	 	c.	While employed by the Company and for one (1) year thereafter, the Executive may not, either directly or through any other person or entity (i) use Confidential
Information to solicit or attempt to solicit any employee, consultant, vendor or independent contractor of the Company or (ii) use Confidential Information to solicit or attempt to solicit the business of any customer, vendor or distributor of
the Company which, at the time of termination or one (1) year immediately prior thereto, was listed on the Company’s customer, vendor or distributor list. 

  

	 	6.	Notices. Notices and all other communications under this Agreement shall be in writing and shall be deemed given when personally delivered or when mailed by United States
registered or certified mail, return receipt requested, postage prepaid, addressed to the party’s last know address. 

  

	 	7.	Waiver of Breach. The waiver by either party, or the failure of either party to claim a breach of any provision of this Agreement, shall not operate or be construed as a
waiver of any subsequent breach. 

  

	 	8.	 Assignment. The rights and obligations of the respective parties hereto under this Agreement shall inure to the benefit of and shall be binding upon the
heirs, legal representatives, 

  

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successors and assigns of the parties hereto; provided, however, that this Agreement shall not be assignable by the Executive without prior written consent
of the Company. 

  

	 	9.	Entire Agreement. This Agreement supersedes any and all other agreements, either oral or in writing, between the parties hereto with respect to the subject matter hereof and
contains all of the covenants and agreements between the parties with respect to said subject matter in any manner whatsoever. Any modification of this Agreement will be effective only if it is in writing and signed by both the Executive and the
Company. 

  

	 	10.	Governing Law. This Agreement shall be governed by, construed and enforced in accordance with the laws of the State of California. 

  

	 	11.	Partial Invalidity. If any provision of this Agreement is found to be invalid or unenforceable by any court, the remaining provisions hereof shall remain in effect unless
such partial invalidity or unenforceability would defeat an essential business purpose of this Agreement. 

  

	 	12.	Remedy for Breach. In the event any action at law or in equity or other proceeding is brought to interpret or enforce this Agreement, or in connection with any provision with
this Agreement, the prevailing party shall be entitled to its reasonable attorneys’ fees and other costs reasonable incurred in such action or proceeding. 

  

	 	13.	Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original, and all of which shall together constitute one and the
same instrument. To the maximum extent permitted by law or any applicable governmental authority, any document may be signed and transmitted by facsimile with the same validity as if it were an ink-signed document. 

  
 [Remainder of Page Intentionally
Left Blank] 
  

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 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed and delivered as of
the date first written above. 
  

									
	“Company”	 		 	Entravision Communications Corporation, a Delaware corporation
					
		 		 		 	By:	 	/S/ WALTER F. ULLOA
		 		 		 		 	Walter F. Ulloa
		 		 		 		 	Chairman and Chief Executive Officer
			
	“Executive”	 		 	
					
		 		 		 		 	/S/ CHRISTOPHER T. YOUNG
		 		 		 		 	Christopher T. Young

  
 [Signature Page to
Executive Employment Agreement] 
  

 -6-Separation and Transition Agreement

 EXHIBIT 10.2 
 SEPARATION AND TRANSITION AGREEMENT 
 This Separation and Transition Agreement (the
“Agreement”) is entered into effective April 11, 2008, by and between John F. DeLorenzo, in his individual capacity (“DeLorenzo”) and Entravision Communication Corporation, a Delaware corporation (the “Company”),
as set forth below. 
 RECITALS 
 A. DeLorenzo has been employed as Company’s Executive Vice President and Chief Financial Officer, pursuant to the terms and conditions of that certain Executive Employment Agreement dated December 1, 2005 by and between the
Company and DeLorenzo (the “Employment Agreement”). 
 B. DeLorenzo has been issued restricted stock units and options to purchase
the Company’s Common Stock, each as set forth in Section 2 below. 
 C. The parties desire to enter into this Agreement memorialize
certain agreements and understandings among the parties with respect to DeLorenzo’s employment with the Company and his equity incentive awards. 
 NOW, THEREFORE, in consideration of the premises and the mutual covenants and agreements contained herein, and for such other good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the parties agree as follows. 
 AGREEMENT 
  

	 	1.	Resignation from Office; Termination of Employment Relationship. Effective as of the close of business on May 9, 2008 (the “Resignation Date”), DeLorenzo shall
and hereby does by his execution of this Agreement resign as an officer and employee of the Company and any of the Company’s affiliated or subsidiary entities. Effective as of the Resignation Date, the Employment Agreement is hereby terminated
and shall be of no further force or effect and hereinafter DeLorenzo’s relationship with the Company shall be governed by this Agreement. From and after the Resignation Date, DeLorenzo shall serve as an at-will consultant of the Company until
December 31, 2008 (the “Termination Date”) during which period DeLorenzo shall be paid an aggregate amount equal to One Hundred Eight Thousand Four Hundred Twenty Five Dollars ($108,425) payable in equal monthly installments in
arrears in accordance with the Company’s customary payment practices; provided, however, that for and during such period, DeLorenzo shall not be entitled to any bonus, car allowance or other compensation of any kind or nature. DeLorenzo shall
not report to or be present at any office of the Company or any of its affiliated or subsidiary entities; provided, however that, during such time period, DeLorenzo shall be available to the Company on an as needed basis as directed by the Company
and/or any authorized officer of the Company to provide services in connection with the Company’s accounting and financial functions, not to exceed ten (10) hours in any given month. Notwithstanding anything herein to the contrary, if
DeLorenzo has not been terminated for cause pursuant to the terms of the Employment Agreement prior to May 9, 2008, then DeLorenzo shall also be entitled to a discretionary bonus for the first quarter of 2008 in an amount equal to Twenty Seven
Thousand One Hundred Six Dollars ($27,106), payable in accordance with the Company’s customary payroll practices, less all applicable federal and state taxes and withholdings. 

	 	2.	Consideration. 

  

	 	a.	Restricted Common Stock. The Company has previously issued DeLorenzo an aggregate of 50,000 restricted stock units (the “Issued Restricted Stock Units”), 25,000 of
which were issued in 2006 (the “2006 Units”) and 25,000 of which were issued in 2007 (the “2007 Units”), each pursuant to a Restricted Stock Unit Award by and between DeLorenzo and the Company (“Restricted Stock Unit
Award(s)”). The Issued Restricted Stock Units are subject to vesting schedules as set forth in the applicable Restricted Stock Unit Award. For and in consideration of the covenants and releases granted herein, the Company has agreed, and each
Restricted Stock Unit Award with respect to the 2006 Units shall be and hereby is amended to reflect, that, provided DeLorenzo has not been terminated for cause pursuant to the terms of the Employment Agreement prior to May 9, 2008, an
aggregate of 25,000 of the 2006 Units (the “Vested Restricted Stock Units”) shall be deemed vested as of November 15, 2008 and the remaining Issued Restricted Stock Units shall be and hereby are immediately forfeited to the Company
for cancellation and are null and void and of no further force or effect. 

  

	 	b.	Stock Options to Purchase Common Stock. The Company has previously granted DeLorenzo options to purchase an aggregate of 330,000 shares of the Company’s Common Stock
(the “Options”) pursuant to option agreements for grants made on the following dates: December 20, 2002; January 29, 2004; April 6, 2004; and January 28, 2005 ( the “Option Agreements”), and each of
the Options are fully vested in accordance with its respective terms. In accordance with the terms of each applicable Option Agreement, DeLorenzo shall have the right to exercise the Options until the date that is ninety (90) days after the
Termination Date (i.e. March 31, 2009), at which time each Option shall automatically expire if not exercised prior to that date in accordance with the terms of the applicable Option Agreement and shall be of no further force or effect.

  

	 	c.	No Other Equity. All other claims or rights with respect to any equity or other security in the Company in which DeLorenzo may possess (including, but not limited to, any
other claim to common stock and/or common stock options) are hereby waived and forever released and terminated. 

  

	 	d.	Health Coverage. From and after the date of this Agreement through and including the Resignation Date, DeLorenzo shall continue to be eligible to participate in health
benefit programs and plans of the Company in effect during such period to the extent DeLorenzo is currently participating in the same. Beginning on the Resignation Date and ending on the date that is eighteen (18) months thereafter, or
November 30, 2009, DeLorenzo shall be eligible for COBRA benefits which would allow DeLorenzo to continue certain health care benefits at DeLorenzo’s sole cost and expense as permitted under each applicable benefit plan and under
applicable federal or state law; provided that the costs and expense of such COBRA benefits shall be at the Company’s expense during the period beginning on the Resignation Date through the Termination Date. 

  

	 	3.	Return of Personal Property. Concurrently herewith, DeLorenzo shall return to the Company any and all personal property provided to him by the Company that is in his
possession. 

  

	 	4.	General Release of All Claims: 

  

	 	a.	 Except as expressly set forth in this Agreement, for and in consideration of the mutual covenants set forth herein, which are hereby excluded from and survive this
general release, DeLorenzo, on his own behalf, and on behalf of his grantees, agents, representatives, heirs, devisees, trustees, assigns, assignors, attorneys, or any other entities in which DeLorenzo has an interest (collectively
“Releasors”), hereby agrees to release and forever discharge by this Agreement the Company, its past and present agents, employees, representatives, officers, directors, shareholders, attorneys, accountants, insurers, receivers, advisors,
consultants, partners, partnerships, parents, divisions, 

  

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subsidiaries, affiliates, assigns, successors, heirs, predecessors in interest, joint ventures, and commonly-controlled corporations (collectively
“Releasees”) from all liabilities, causes of actions, charges, complaints, suits, claims, obligations, costs, losses, damages, rights, judgments, attorneys’ fees, expenses, bonds, bills, penalties, fines, and all other legal
responsibilities of any form whatsoever whether known or unknown, whether suspected or unsuspected, whether fixed or contingent, arising from any acts or omissions occurring prior to the effective date of this Agreement by Releasees, including those
arising under any theory of law, whether common, constitutional, statutory or other of any jurisdiction, foreign or domestic, whether known or unknown, whether in law or in equity, which he had or may claim to have against any of them. Releasors
specifically release claims under all applicable state and federal laws, based on age, sex, pregnancy, race, color, national origin, marital status, religion, veteran status, disability, sexual orientation, medical condition, or other
anti-discrimination laws, including, without limitation, Title VII of the Civil Rights Act of 1964 as amended, the Age Discrimination in Employment Act (Title 29, United States Code, Sections 621, et seq.) (“ADEA”), the Americans with
Disabilities Act, the Fair Labor Standards Act, the Family Medical Leave Act, and the California Fair Employment and Housing Act, the California Workers’ Compensation Act, the California Labor Code, including sections 200, et seq., 970 and
132a, the California Civil Code, and the California Constitution, as well as all common law claims, whether arising in tort or contract (collectively referred to as “Released Matters”). If any governmental agency should assume jurisdiction
over the claim, charge or complaint concerning alleged discrimination arising out of DeLorenzo’s employment with the Company, Releasors also waive the right to recover damages or any other remedy as a result of such claim, charge or complaint.
DeLorenzo hereby acknowledges and agrees that, except as expressly set forth in this Agreement, the Company and Releasees have no other liabilities or obligations, of any kind or nature, owed to DeLorenzo in connection with or relating to
DeLorenzo’s employment and/or business relationship with the same. 

  

	 	b.	Except as expressly set forth in this Agreement, for and in consideration of the mutual covenants set forth herein, which are hereby excluded from and survive this general release,
the Company hereby agrees to release and forever discharge by this Agreement DeLorenzo, his past and present agents, employees, representatives, officers, directors, shareholders, attorneys, accountants, insurers, receivers, advisors, consultants,
partners, partnerships, parents, divisions, subsidiaries, affiliates, assigns, successors, heirs, predecessors in interest, joint ventures, and commonly-controlled corporations (collectively, “Releasees”) from all liabilities, causes of
actions, charges, complaints, suits, claims, obligations, costs, losses, damages, rights, judgments, attorneys’ fees, expenses, bonds, bills, penalties, fines, and all other legal responsibilities of any form whatsoever whether known or
unknown, whether suspected or unsuspected, whether fixed or contingent, arising from any acts or omissions occurring prior to the effective date of this Agreement by Releasees, including those arising under any theory of law, whether common,
constitutional, statutory or other of any jurisdiction, foreign or domestic, whether known or unknown, whether in law or in equity, which he had or may claim to have against any of them (collectively referred to as “Released Matters”).

  

	 	c.	With respect to the Released Matters described above, the parties expressly waive any and all rights under section 1542 of the California Civil Code, and any like provision or
principal of common law in any foreign jurisdiction. Section 1542 provides as follows: 

 SECTION 1542. [CERTAIN CLAIMS NOT
AFFECTED BY GENERAL RELEASE] A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN [HIS OR HER] FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY [HIM OR HER] MUST HAVE MATERIALLY AFFECTED
[HIS OR HER] SETTLEMENT WITH THE DEBTOR. 
  

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	 	d.	Each party acknowledges that it may hereafter discover facts different from, or in addition to, those which said party now believes to be true with respect to the release of claims.
Each party agrees that the foregoing release shall be and remain effective in all respects notwithstanding such different or additional facts or discovery thereof, and that this Agreement contemplates the extinguishment of all such claims and causes
of action. 

  

	 	e.	Each of the parties, for him/itself and for his/its heirs, successors, agents, assigns and affiliates and any person or entity claiming by, through or under him/it, further agrees,
promises, and covenants that they will not, nor will any person, organization or any other entity acting on their behalf, file, charge, claim, sue, participate in, join or cause or permit to be filed, charged or claimed, any action for damages or
other relief (including injunctive, declaratory, monetary or other) against the other parties released hereunder, their affiliates and successors and their respective officers, directors, employees, agents, and representatives, past and present,
with respect to any released claims which are the subject of this Agreement. 

  

	 	5.	No Admission of Liability. This Agreement is intended to and does compromise disputed claims and shall not be construed as an admission of liability or wrongdoing by any
party of any claim made by the other party. 

  

	 	6.	No Grievances. DeLorenzo represents and covenants that he has not filed and will not file any complaints, charges, causes of action, suits, claims or grievances against
Releasees with any city, county, state, or federal agency or court arising out of or related to his relationship with the Company. 

  

	 	7.	Independent Investigation; Voluntary Agreement. Each party has made such investigation of the facts pertaining to this Agreement, and of all other matters pertaining thereto,
as the party deems necessary. DeLorenzo represents that he has thoroughly read and understands the terms of this Agreement; that he agrees to the terms of this Agreement; and that he is voluntarily entering into this Agreement.

  

	 	8.	Confidentiality. 

  

	 	a.	DeLorenzo hereby acknowledges and agrees that, during his employment with the Company, he had access to the Company’s trade secrets and proprietary information, including but
not limited to, the Company’s products, services, research and development of new products and services, customers, methods of doing business, financial data, marketing plans and sales techniques, in each case that has or could have value to
the Company, which if disclosed could be detrimental to the Company, and which the Company has taken reasonable steps to prevent from disclosure to the general public (collectively, “Proprietary Information”). DeLorenzo hereby agrees that
(i) he will not use, disclose or reveal to any third party any such Proprietary Information; (ii) he has returned all confidential or Proprietary Information, documents, materials, apparatus, equipment, other physical property or the
reproduction of any such property to the Company; and (iii) he recognizes that the unauthorized use or disclosure of the Proprietary Information is unlawful and that the Company may obtain damages or seek injunctive relief against DeLorenzo for
any willful misappropriation of same, including treble damages and attorney fees. 

  

	 	b.	DeLorenzo hereby reaffirms his obligations to the Company regarding the Company’s privileged, confidential and proprietary information, including, without limitation, the
confidentiality obligations set forth in the Employment Agreement and any confidentiality and/or non-disclosure agreement entered into between DeLorenzo and the Company or any of its affiliates of subsidiaries. DeLorenzo hereby represents and
warrants that he has not disclosed or shared any such privileged, confidential or proprietary information of the Company with any person other than his attorney. 

  

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	 	9.	Non-Solicitation; Non-Circumvention; Non-Competition. During the Benefit Period, DeLorenzo shall not: (i) appear at any facility operated by the Company, unless
expressly asked to do so by a duly authorized representative of the Company, (ii) interfere with or distract any employee of the Company in the course of such employee’s performance of work for the Company, (iii) influence any of the
Company’s employees to terminate their employment with the Company or to accept employment with any of Company’s competitors, or (iv) interfere with any of the Company’s business relationships, including, without limitation,
those with customers, clients, suppliers, consultants, attorneys, accountants and other agents, whether or not evidenced by written or oral agreements. During the term of this Agreement until the Termination Date, DeLorenzo shall not be employed or
engaged by or participate in any business that is in competition with the Company. 

  

	 	10.	Non-disparagement. DeLorenzo hereby agrees that he shall not in any way disparage, defame or otherwise cause to be published or disseminated, whether verbally or in writing,
any negative or critical statements, remarks, comments or information regarding the Company or the Releasees, including, without limitation, any statement, remark or comment related to their respective businesses, reputation, products, practices,
services or conduct. In addition, DeLorenzo shall not make any public statements regarding the Company, without the prior written approval of the Board of Directors of the Company. The Company agrees that it will not in any way disparage, defame or
otherwise cause to be published or disseminated, whether verbally or in writing, any negative or critical statements, remarks, comments or information regarding DeLorenzo. 

  

	 	11.	Attorney’s Fees. In the event that either party brings an action, arbitration or proceeding to enforce, interpret or construe this Agreement (including an alleged
violation of the confidentiality provisions of this Agreement), the prevailing party in such action, arbitration or proceeding shall be entitled to recover its reasonable attorneys’ fees and costs from the other party. 

 

	 	12.	Confirmation. DeLorenzo acknowledges that he has carefully read and fully understands the nature of this Agreement, that he has been advised to consult with an attorney of
his choosing before executing this Agreement, that he has had the opportunity to consider this Agreement, and that all of his questions concerning this Agreement have been answered to his satisfaction. DeLorenzo also agrees that any rule of
construction to the effect that ambiguities are to be resolved against the drafting party will not apply in the interpretation of this Agreement. DeLorenzo further acknowledges that he has signed this document in the full knowledge that both the
Company and he have agreed to compromise their rights and to reach a final and complete settlement which is forever binding on each of them and that their entire agreement concerning the subject matters hereof is contained in this Agreement which
satisfies and supersedes any prior or contemporaneous, express or implied, agreements between the parties. 

  

	 	13.	Miscellaneous. 

  

	 	a.	This Agreement constitutes full, complete, unconditional, and immediate substitution for any and all rights, claims, demands, and causes of actions whatsoever, which heretofore
existed or might have existed on behalf of any party against any other party and their successors, predecessors, subsidiaries, affiliates, parents, shareholders, partners, employees, agents, officers, and directors. This Agreement supersedes any and
all agreements—whether written or oral—that may have previously existed between the parties. Further, this Agreement is the sole, and complete agreement of the parties relating in any way to the subject matter hereof. No statements,
promises, or representations have been made by any party to any other, or relied upon, and no consideration has been offered, promised, expected, or held out other than as may be expressly provided herein. 

  

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	 	b.	In the event of DeLorenzo’s death, the rights described in this Agreement shall pass by will or by the laws of descentor distribution. This Agreement shall be binding upon the
parties hereto, as well as upon all representatives, assigns, successors, heirs, affiliates and agents of the parties. 

  

	 	c.	The parties hereto each represent and warrant to the other party that except to the extent otherwise provided herein, that they have not assigned or transferred to any third party
any of the rights, claims, causes of action or items to be released or transferred which they are obligated to transfer or to release as part of this Agreement. 

  

	 	d.	The provisions of this Agreement may not be waived, altered, amended or repealed, in whole or in part, except upon the prior written consent of the parties hereto.

  

	 	e.	This Agreement shall be construed and enforced in accordance with, and governed by, the laws of the State of California, without reference to its conflicts of laws provisions.

  

	 	f.	Each party agrees to perform any further acts and execute and deliver any further documents that may be reasonably necessary to carry out the provisions of this Agreement.

  

	 	g.	Each party has cooperated in the drafting and preparation of this Agreement. In any construction to be made of this Agreement or of any of its terms and provisions, the same shall
not be construed against any party. 

  

	 	h.	Should any provision of this Agreement be held illegal, invalid or unenforceable, no other provision of this Agreement shall be affected, and this Agreement shall be construed as if
the Agreement had never included the illegal, invalid or unenforceable provision. 

  

	 	i.	The parties acknowledge and agree that they have been represented by independent counsel in the negotiation, preparation and execution of this Agreement and that each of them have
read this Agreement and has had it fully explained by his, her, or its counsel prior to its execution and is fully aware of its contents and legal effect. 

  

	 	j.	Each party represents that it is authorized to execute this Agreement. Each person executing this Agreement on behalf of a person or entity represents that he or she is authorized
to execute this Agreement on behalf of said entity. 

  

	 	k.	This Agreement may be executed in counterparts, each of which shall be effective and binding on the parties as of the date first written above. Each such counterpart shall be deemed
an original and, when taken together with other signed counterparts, shall constitute one and the same Agreement. 

  

	 	l.	In the event of a conflict or inconsistency between the body of this Agreement and the Restricted Stock Unit Awards, the Option Agreements and any other agreement between the
Company and DeLorenzo, the terms of the body of this Agreement shall govern and each such conflicting document shall be and hereby is amended accordingly. 

  

	 	m.	This Agreement shall be deemed effective as of the date first written above. 

  

	 	n.	The parties acknowledge that each party is and shall act as an independent contractor and not as partner, joint venturer, or agent of the other and shall not bind nor attempt to
bind the other to any contract without the prior consent of the other. 

  
 * * * * IMPORTANT NOTICE * * * * 
 This Agreement includes a waiver of rights and claims that
DeLorenzo may have arising under the Age Discrimination in Employment Act of 1967 (Title 29, United States Code, 621 et seq.). This 

  

 6 

 
waiver is in exchange for the consideration described in this Agreement. Pursuant to the Older Workers Benefit Protection Act (Public) law 101-433; 1990 S.
1551), DeLorenzo acknowledges that this Agreement is intended to apply as a waiver of rights and claims arising under the Age Discrimination in Employment Act of 1967. However, by executing this Agreement, DeLorenzo does not waive rights and claims
under the Age Discrimination in Employment Act that may arise after the date of this Agreement and waiver is executed.           /s/
JDL           (Initials) 
 DELORENZO ACKNOWLEDGES THAT HE HAS HAD THE OPPORTUNITY TO
CONSIDER THIS AGREEMENT FOR 45 DAYS. DELORENZO SHOULD DECIDE NOT TO USE THE FULL 45 DAYS, HE KNOWINGLY AND VOLUNTARILY WAIVES ANY CLAIMS THAT HE WAS NOT IN FACT GIVEN THAT PERIOD OF TIME OR DID NOT USE THE ENTIRE 45 DAYS TO CONSULT AN ATTORNEY
AND/OR CONSIDER THIS AGREEMENT. DELORENZO ACKNOWLEDGES AND UNDERSTANDS THAT FOR A PERIOD OF SEVEN (7) DAYS FOLLOWING HIS EXECUTION OF THIS AGREEMENT, HE MAY REVOKE THIS AGREEMENT AND RELEASE, AND THE RELEASE SHALL NOT BECOME EFFECTIVE OR
ENFORCEABLE UNTIL THIS SEVEN (7) DAY REVOCATION PERIOD HAS EXPIRED. IF DELORENZO DOES NOT REVOKE THIS AGREEMENT AND THE RELEASE IN THE TIME FRAME SPECIFIED, THIS AGREEMENT AND RELEASE SHALL BE DEEMED TO BE EFFECTIVE AT 12:01 A.M. ON THE EIGHTH
DAY AFTER DELORENZO EXECUTES THE SAME.           /s/ JDL           (Initials) 
  
 [REMAINDER OF PAGE
INTENTIONALLY LEFT BLANK] 
  

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 IN WITNESS WHEREOF, the parties have executed this Agreement on the date and year first indicated above.

  

									
	“Company”	 		 	Entravision Communications Corporation, a Delaware corporation
					
		 		 		 	By:	 	/S/ WALTER F. ULLOA
		 		 		 		 	Walter F. Ulloa
		 		 		 		 	Chairman and Chief Executive Officer
			
	“DeLorenzo”	 		 	
					
		 		 		 		 	/S/ JOHN F. DELORENZO
		 		 		 		 	John F. DeLorenzo, in his individual capacity

  
 [SIGNATURE
PAGE TO CONFIDENTIAL SEPARATION AND TRANSITION AGREEMENT] 
  

 8

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