Any player who has completed the season in which his fourth year or more of credited service under the Bert Bell/Pete Rozelle Retirement Plan has been earned shall be eligible for Termination Pay under this Article if:
He is released after his Club’s first regular season game; and
He has made the Active/Inactive List of his Club on or after the date of his Club’s first regular season game.
Subject to Section 3 below, the amount of Termination Pay payable to such player shall be calculated as follows: (i) determine the unpaid balance of his Paragraph 5 Salary for that League Year; and (ii) subtract any Paragraph 5 Salary earned as a salary guarantee from the terminating Club under the contract from which the player was terminated and during the season in which the benefit is claimed (for the avoidance of doubt, this provision shall not have any effect upon a player without any guaranteed Paragraph 5 Salary whose contract is terminated, and who later re-signs with the terminating Club). For the avoidance of doubt, nothing in this Subsection shall alter the arbitration decision in Spiller, et al. v. San Francisco 49ers, et al.
Termination Pay under this Article shall be claimed and payable no sooner than one day after the end of the regular season schedule, and no later than February 1.
A player will not be entitled to Termination Pay more than once during his playing career in the NFL, except that if the amount of Termination Pay to which such player becomes entitled and paid under this Article is less than or equal to the equivalent of six weeks of the player’s applicable Paragraph 5 Salary, then such player shall become eligible to collect Termination Pay a second time during his playing career, under either Subsection 1(b) above or Subsection 2(a) below, for a future regular season. No player may collect Termination Pay from more than one Club for the same regular season.