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Everett Police Department <br /> Lateral Police Officer Hiring Incentive <br /> And Repayment Agreement <br /> This Agreement made on this_day of , 20 between the City of Everett (City) <br /> and , a lateral hire Police Officer. <br /> Whereas, the City offers a hiring incentive to attract lateral Police Officers with <br /> experience; and <br /> Whereas, acceptance of the hiring incentive is voluntary and is not condition of <br /> employment with the City of Everett; and <br /> Whereas, I acknowledge that I been offered a position as a Police Officer; and <br /> Whereas, I acknowledge that I am qualified for the hiring incentive for lateral Police <br /> Officers with experience; and <br /> Whereas, I wish to accept the hiring incentive; it is therefore agreed by and between the <br /> parties hereto, in consideration of the mutual promises herein and other good and valuable <br /> consideration, that: <br /> 1. The City will pay me $5000.00 upon Commissioning; $5000.00 upon successful <br /> transition to Phase 5 of field training, and $5,000 upon successful completion of probation. <br /> 2. If I am terminated for misconduct or voluntary separate employment with the City <br /> as a Police Officer prior to the 4th anniversary of my hire date, I will be required to repay a <br /> prorated amount of the incentive back to the City of Everett. The Repayment Schedule is <br /> attached. <br /> 3. My final paycheck will be reduced by the final prorated amount owed should <br /> termination for misconduct or voluntary separation occur and repayment is required. If the final <br /> paycheck is insufficient to cover the balance owed, I acknowledge that I am responsible for <br /> payment of the remaining balance owed to the City. <br /> Name of Recipient: <br /> Signature of Recipient: Date: <br />