Section 10
SEC. 10. In the event of any competing individual, association or corporation receiving from the Congress of the Philippines a similar franchise in which there shaH be any term or tercns more favorable than those herein granted or tending to place the herein grantee at any disadvantage, then such term or terms shall ipso facto become a part of the terms hereof and shall operate equally in favor of the grantee as in the case of said competing individual, association or corporation.