Does anybody have the specifics of the $15,000, 24 month, training bond for new hires at Republic Holdings?

On the surface, for a job that pays maybe $20,000 gross per annum, or about $15,000 net (take home pay)... you'd work for free that first year, assuming you quit.

What if you lose your medical? What about some hardship (taking care of family member back home)? What if you're fired? What if you're violated by FAA and lose your pilot certificate? How is the bond pro-rated, if indeed it is?