Escalator clauses are provisions included in contracts that allow for the automatic adjustment of wages or prices based on pre-defined external factors. These clauses are commonly found in various types of agreements, including employment contracts, commercial leases, and supplier agreements.
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Understanding Escalator Clauses: A Guide to Long-Term Financial Stability
Escalator clauses are provisions included in contracts that allow for the automatic adjustment of wages or prices based on pre-defined external factors. These clauses are commonly found in various types of agreements, including employment contracts, commercial leases, and supplier agreements.
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