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
The union won an unlimited cost-of-living escalator clause; but the growing sense of futility attached to assembly-line work�psychologically at least, the real issue of the strike�was barely confronted.
From Time Magazine Archive
