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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.

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

To the fact-finders' offer, they added a 5�-an-hour boost for all hands and an escalator clause guaranteeing a 1� wage boost with every one-point rise in the cost of living.

From Time Magazine Archive

Among his desired concessions: a "substantial" wage hike, sick pay and a cost-of-living escalator clause, a pension raise and stricter safety regulations.

From Time Magazine Archive