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Yeah, I did sign it. I was assured, by the HR lady, that they have never gone after anyone who washed out of training. She said they would only enforce the contract if I quit or got fired after a successful checkride. So, I was lured by the promise of quick PIC turbine time, just like almost every other poor sap that signs on. I can put up with it temporarily, if it will get me to where I want to go in life, so I don't think I'll have too much of a problem. I see it as an investment. Thanks for the advice!
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