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Arbitration vs. Offer sheets

I'm looking for an expert to clear something up...and then a bunch of non-experts to speculate as to how it could affect the Oil's "plan" I've read recently that Shea Weber and Zack Parise have been sent to club elected Salary Arbitration in order to avoid offer sheets being sent their way.. So my questions are: 1. Is it true that a player can only be subject to one Club elected Arbitration in his career? 2. Can Arbitration awards only be 2 years length maximum? 3. Can players with less that 4 years exp be taken to Arbitration This has a lot of implications in terms of avoiding offer sheets on our RFA's in the coming years.

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