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 offers were predictably identical: a guaranteed annual 6�-per-hour pay rise for increased productivity, a continuation of the cost-of-living escalator clause, an increase in unemployment benefits, and a moving allowance for transferred workers.
From Time Magazine Archive
That settlement included an increase in wages and benefits amounting to about 31% over three years, plus an escalator clause tied to the cost of living.
From Time Magazine Archive
