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Definitions

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

A cost-of-living escalator clause and changes in pension, sick leave, vacation and other benefits could bring the total cost by some estimates to 88� an hour.

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