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
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
Postal Service expires July 21, union leaders insisted on higher pay increases and a stronger cost-of-living escalator clause to protect their members against future inflation.
From Time Magazine Archive
