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
The steelworkers had offered to settle for the same terms they won in 1956 after a 36-day strike: a three-year contract with a yearly raise of about 15� an hour, plus a cost-of-living escalator clause.
From Time Magazine Archive
Benefits are certain to continue their upward march because starting next year an escalator clause already approved by Congress will increase payments automatically as living costs rise.
From Time Magazine Archive
