(a) Each recipient of an award under the Program may hold the award for 3 years if the recipient:
(1) Continues to meet the qualifications specified under § 18-3202 of this subtitle; and
(2) Signs an agreement at the time of the award to remain employed by the State or a county or municipality of the State for at least 1 year after the expiration of the term of the award.
(b) Each award under the Program shall be renewable on the expiration of the term of the award.