Concur with BB on the bond exception issue. In fact, I believe the wording allows for discretion on the part of SQ.
Four Golds,
"Local terms" are the same as expat, minus the housing allowance and children's education allowance. You can become a
PR or citizen while you are on "contract terms". However, if/when you become a
PR or citizen you are automatically placed on "local terms". Suggestion, as a DEC start on "contract" terms. Then switch to local as your status changes.
As for the hours requirements, you don't know unless you apply.
Good Luck!!