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3. Upon voluntary separation or termination for misconduct as a Police Officer prior to the <br /> 4th anniversary of the officer's hire, the Officer will be required to repay a prorated <br /> amount of the incentive back to the City of Everett. The Repayment Schedule is attached <br /> (Attachment A). <br /> 4. Each Washington State lateral hire offered a monetary incentive shall be provided and <br /> sign a written document acknowledging the terms set out in paragraph 1 through 3 above <br /> (Attachment B). <br /> B. Out of State Law Enforcement Laterals <br /> 1. To offer a monetary incentive of$15,000.00 to out of state lateral hires who successfully <br /> complete their 4th anniversary as an Everett Police Officer. <br /> 2. To pay out of state lateral hires $5,000.00 upon Commissioning; $5,000.00 upon <br /> successful transition to Phase 5 of field training, and $5,000.00 upon successful completion <br /> of probation. <br /> 3. Upon voluntary separation or termination for misconduct as a Police Officer prior to the <br /> 4th anniversary of the officer's hire, the Officer will be required to repay a prorated <br /> amount of the incentive back to the City of Everett. The Repayment Schedule is attached <br /> (Attachment C). <br /> 4. Each out of state lateral hire offered a monetary incentive shall be provided and sign a <br /> written document acknowledging the terms set out in paragraph 1 through 3 above <br /> (Attachment D). <br /> C. Memorandum of Understanding Term <br /> 1. This Memorandum of Understanding shall become effective upon its signing and shall <br /> remain in full force and effect until December 31, 2020. Upon mutual agreement, the <br /> parties have the option to extend the Memorandum of Understanding through December <br /> 30, 2021. <br /> In Witness Whereof, the parties have executed this Memorandum of Understanding as of the <br /> date first above written. <br /> CITY OF EVERETT EVERETT POLICE OFFICERS ASSOCIATION <br /> -400 <br /> CASSIE FRANKLIN, Mayor JAMES COLLIER, PRESIDENT <br />