Complex sentence: The Jerky Boys had a busy year in 1995, they took the year off by not releasing a new album until they departured from Select Records and signed a contract to Mercury Records for their third album "Jerky Boys 3" in 1996.
Split into simpler sentences: The Jerky Boys had a busy year in 1995; they took the year off as far as recording an album, however. The did not release a new album until they departed from Select Records and signed to Mercury Records for their third album "Jerky Boys 3" in 1996.