Exclusive: Watch Neal & Peter's 'Last Stakeout'

It's the end of an era as Neal and Peter's partnership comes to an end in Thursday's all-new White Collar and ETonline scored an exclusive clip from One Last Stakeout!

RELATED - Matt Bomer Talks Neal/Peter Tension in Season 5

As Peter settles into a promoted position at the FBI, he's embracing the perks that come with the job, but one in particular has him incredibly excited and leaves Neal even more curious. Watch!

White Collar airs Thursdays at 9 p.m. on USA.