24.E.1.C Down/Lateral Bid Freeze

A pilot who is activated in a crew status that requires ITU training based on a down/lateral bid shall be frozen in that crew status for 24 months, commencing on his actual activation date. A pilot is not eligible for a permanent crew position award requiring ITU training with a projected training date during that freeze period except under the following conditions:

1. the pilot was excessed or down/lateral bid to relieve an excess; or
2. the pilot down bid because of legal restrictions.

The way I read this is that since it is in order to relieve an excess, or being excessed the 24 month thing does not apply...Am I reading this right?? Shouldn't you be able to bid back??