Having H1b cap excempt extension & Regular H1b

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I was in USA from 2005 to 2011 on H1b. I did not complete my full 6 year term. Now my new H1b (picked in lottery) is in process. My current employer wants to file a recapture of the unused time from my previous h1b ( around 1.5 years). Can I have both fresh H1b and recapture H1b active? Can I switch to the freshly filed H1b whenever I want?


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