escape clause

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escape clause

n. a provision in a contract which allows one of the parties to be relieved from (get out of) any obligation if a certain event occurs.

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But if the Black Cats go down today, it is believed Jones will be able to activate a pounds 6m escape clause which makes him a much more attractive sign-infor Premier League clubs.
Both had similar escape clauses to Thatcher in their contracts which were activated when Micky Adams' side were relegated.
On Jacobsen's ideal platform, an absolute architectural morality prevails--there can be no mistakes and no excuses, no afterthoughts and no escape clauses, about the siting of the individual components of the scheme.
Such lists have no escape clauses for the dozens of interruptions that occur every day.
The 28-year-old twins signed six-year contracts with the Dutch giants last year but had escape clauses inserted.
Multilateral agreements tend to be larded with complications, half-measures, and escape clauses. They also create the potential for exporting onerous regulations in the name of "standardization." Those problems caused some free traders to decide that defeating those agreements would benefit the cause of free trade.
FERNANDO TORRES and Pepe Reina are ready to quit Liverpool in January thanks to escape clauses in their contracts.
ARSENE WENGER has made it clear there will be no escape clauses in the new contract he will sign at Arsenal in the next month.
These guys are signed up to 2009/10, the club is financially sound and there are no escape clauses, so they will not be going anywhere.
Several "escape clauses" were included in a complicated transfer deal.