Common use of Work disability Clause in Contracts

Work disability. During the first year of sickness in which the Sickness Benefits Act is applicable, and the two consecutive years thereafter in which there is a situation of work disability as defined in WAO/AAW [Disablement Insurance Act/General Work Disability Act], the Company shall supplement the benefits under the Sickness Benefits Act and/or WAO/AAW (or any legal regulation which replaces them or which is created in addition to them) up to 100% of the salary in effect on the day preceding the first day of illness, adjusted in the manner as described in section (d) of this clause. After this period of time the Director shall receive a work disability benefit in accordance with the terms set forth in the work disability policy and in compliance with the terms stipulated therein, which may be amended from time to time, which also applies for employees to which the Collective Labor Agreement Coffee & Tea of Koninklijke ▇▇▇▇▇ ▇▇▇▇▇▇▇ B.V. is applicable. Benefit payments from the abovementioned insurances shall, in the event of retirement of the Director during the period of sickness or work disability, be deducted by the pension payments for the period in question.