PERMIT TO OPERATE

Pursuant to existing University policies and regulations, this business permit to operate is issued in the name of __________________, a resident of ________________________.

The holder of this business permit is entitled to all the rights covered by his application subject to the condition that the holder shall faithfully comply with all the provisions of their Contract and to all the laws, ordinances, and implementing rules and regulations, promulgated by the duly constituted authorities.

The holder shall observe under pain of revocation, of the following: (1) To promptly pay whatever amount of fees that may be imposed by the issuer; (2) To refrain from operating the business upon expiration of the permit or to engage in any other business without first securing a separate Business Permit; (3) To forthwith surrender this permit to the Office of Director of Auxiliary and IGP upon retirement or to present the said permit upon application for renewal; (4) To post the permit in conspicuous place in the establishment together with all the receipts evidencing payments of fees and other charges, and (5) To operate only the business/es granted approval under this application.

Issued this ___________________ of _____________ 2010 at __________________.