Escape clause

Generally, a rider built into a contract (rider: an addition or amandment to a document) that allows the contracting parties to deviate from the basic contract in the event of any rigidities that are detrimental to them. – See Labor Costs, Minimum Requirements for Risk Management. – Cf. Deutsche Bundesbank Monthly Report of April 2009, p. 21 ff. (opening clauses in employment contracts).

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