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APPLICANT'S ADDITIONAL UNDERTAKINGS
    I, , of legal age, of (the “company”, herein), with postal address at after having been duly sworn to in accordance with law hereby, depose, represent, certify and warrant that in addition to above performance commitments, the applicant also commits to undertake the ff.:

    1. To contribute to the achievement of the goals of transforming the Clark Freeport Zone (CFZ) into a modern metropolis that is world-class in its facilities but environmentally sound for its residents and workers and to the development of the national economy in general;
    2. To support the promotion of CFZ as an investment and tourist destination;
    3. To engage in good faith in creating a market for its products and services abroad;
    4. To use domestic raw materials and supplies in preference to imported goods whenever these are available at comparable quality and price;
    5. To establish a separate entity that will exclusively engage in the proposed business activities at the CFZ, if the proponent has been granted the privileges to enjoy tax incentives pursuant to RA 9400 and the same will not branch outside the CFZ in the future;
    6. To comply with the following:
      * Rules and regulations on importation/exportation and all other existing laws, rules, and ordinances issued by the Government;
      * Zoning regulations, building, environmental, health and safety standards prescribed by the authorities concerned;
      * Requirements of RA 10708 also known as the Tax Incentives Management and Transparency Act (TIMTA), its implementing rules and regulations and pertinent circulars if the entity will qualify for tax incentives; if applicable
      * Terms and conditions of the lease agreement with CDC and Annexes of this application, if applicable;
      * Submission of periodic reports and other information on its activities in the CFZ as may be required by CDC.
    7. To install an accounting system adequate to identify the investments, revenues, costs and profits or losses of the project covered by this application separately from the aggregate investments, revenues, costs and profits or losses of the other business activities of the applicant not registered with CDC;
    8. To promise not to give, has not given and will not give any gift to any officer or employee of the CDC in connection with filing and processing of this application pursuant to the provisions of Section 3 and Section 14 of Republic Act No. 3019 [Anti-Graft Act];
    9. To ensure that based on the records of the applicant, no Board member or department Director of CDC has an investment or any other financial interest, direct or indirect, in the applicant’s enterprise; Also, that there no exists dummy relationship between the stockholders or Directors of the applicant and any foreigner;
    10. To hire, as much as practicable, employees and workers from peripheral areas of the CFZ through the CSR & Placement Division of CDC, and to abide by existing labor policies, rules and regulations pursuant to the Labor Code of the Philippines;
    11. To establish in-house skills training program and recruitment system in coordination with CDC to maximize job opportunities for the local Labor Force. If the skills requirement is highly specialized, foreign nationals hired to occupy the job must transfer the technology through the said program;
    12. To accept that the CDC Citizen’s Charter on standard processing time for the lease/sub-lease agreement may only be applicable if the complete requirements have been submitted and contents of said documents have been verified by our departments;
    13. To accept that the submission of the required documents will not guarantee of any property which shall be subject of the negotiations and CDC will continue to entertain other proponents for the area; if applicable
    14. To accept that CDC may undertake due diligence enquiries, and to request and receive information relative to this application including information on derogatory records of its officers, directors, and/or authorized representatives and that any person named within this application is authorized to release any information requested by CDC;
    15. To accept that CDC may undertake due diligence enquiries, and to request and receive information relative to this application including information on derogatory records of its officers, directors, and/or authorized representatives and that any person named within this application is authorized to release any information requested by CDC;
    I declare that I have read and fully understood the contents of this application and Undertaking including annexes if applicable which I have voluntarily and willingly signed, fully aware of the consequences in case of non-compliance thereto in accordance with the laws of the Republic of the Philippines.

    Done in the city/province of _______________________________this _________ day of_____________,20____

    (Applicant Firm)

    (Signature over printed name)

    (Position/Designation)

    Republic of the Philippines}
    City/Province of }S.S.
    _________________________________}
    Subscribed and sworn to before me this___________ day of ___________________, 20____ in the City /Province of _________________. Affiant exhibited to me his/her Community Tax Certificate No._______________________ issued at ___________________________________, on _________________
    Doc. No.____________
    Page No.___________
    Book No.___________
    Series of____________