accident as follows: PERCENTAGE OF CAPITAL SUM PAYABLE xxxx 2.2. PERMANENT DISABLEMENT resulting in: xxxx 2.2.8 Any other ...................100% injury causing permanent disablement xxxx 2.3 Permanent total loss of use of member shall be treated as loss of member. 2.4 Where the injury is not specified the Company shall adopt a percentage of disablement, which in its opinion is not inconsistent with the scales shown in sub-paragraph 2.2. 2.5 The aggregate of all percentages payable in respect of any one accident shall not exceed 100%. xxxx 4. Injuries which are covered under the 1st and 2nd Schedule to the Singapore Workmen's Compensation Act (SWCA), but are not covered under this group personal accident policy (GPA) policy, shall be similarly covered by this GPA policy to the extent that computation of the percentage of compensation entailed in the SWCA shall be based on the maximum amount of compensation entailed in paragraph 1 of this Appendix. In the event of similar injury being entailed in the SWCA and this GPA policy, the more favourable compensation shall prevail. 5. The Company shall effect a 24-hour insurance to cover officers in its employment for any injury or death arising from an accident or war risk as shown in this Appendix. 6. The geographical limits of the insurance cover shall be worldwide.[38] (Emphasis supplied.) From the foregoing, respondent Masterbulk ostensibly committed in this CBA with a foreign union, Singapore Maritime Officers' Union, that it shall pay compensation for injuries of employee-union members through the latter's coverage in a group personal accident insurance policy under terms set out in Appendix IV of the CBA. This contractual obligation is completely different from the cause of action