Commitment to Provide and Promote the Creation of Employ men! Opportunities.
Section 8
SEC. 8. Commitment to Provide and Promote the Creation of Employ men! Opportunities. - The grantee shall create employment opportunities and shall allow on-the-job trainings in their franchise operation: Provided, That priority shall be accorded to the residents where their principal office is located: Provided, further, That the grantee shall follow the applicable labor standards and allowance-entitlement under existing labor laws, rules and regulations, and similar issuances: Provided, finally. That the employment opportunities or jobs created shall be reflected in the General Information Sheet (6IS) to be submitted to the Securities and Exchange Commission annually.