Common use of Double Dipping Clause in Contracts

Double Dipping. No employee shall accrue and be paid a redundancy benefit from both this agreement and any industry fund to which the Company contributes on behalf of an employee (eg: WACIRF). In this instance the employee shall be entitled to the difference between the Company benefit and the industry benefit, where the Company benefit is greater than the industry benefit and shall not be entitled to any Company benefit where the industry fund benefit is greater than the Company benefit.