escalator clause
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The Big Ten’s contract can contain a huge escalator clause to account for expansion …
From Seattle Times ● Aug. 24, 2022
First came reports that the Big Ten’s mammoth new media rights contract includes an escalator clause that carves out hundreds of millions of dollars in case of additional West Coast expansion.
From Seattle Times ● Aug. 24, 2022
He is not due a big roster bonus next year, but there is an escalator clause in his contract that could bring his salary to $4.42 million.
From Chicago Tribune ● Nov. 7, 2012
Ford did manage to wring some relief in the haggling over the last major contract hangup, which concerned the U.A.W.'s cherished cost-of-living escalator clause.
From Time Magazine Archive
Among his desired concessions: a "substantial" wage hike, sick pay and a cost-of-living escalator clause, a pension raise and stricter safety regulations.
From Time Magazine Archive
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