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.
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
The Big Ten’s contract can contain a huge escalator clause to account for 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
The companies, in return, will pay every worker a $150 bonus this year, grant an additional 3% pay increase for each year of the new contract and continue an unlimited cost-of-living escalator clause.
From Time Magazine Archive
The industry opposes continuance of the annual "improvement-factor" automatic wage increases and the escalator clause that adjusts auto wages to rises in the Consumer Price Index.
From Time Magazine Archive
