Pronunciation: [ɛskˈe͡ɪp klˈɔːz] (IPA) 
The correct spelling of the word "escape clause" is /ɪsˈkeɪp klɔːz/. The first syllable is pronounced as "is," the second syllable as "kape," and the stress is on the first syllable. The spelling is consistent with the word's pronunciation, with "escape" being spelled as it sounds and "clause" as well. An escape clause is a provision in a contract that allows a party to get out of the agreement under specific circumstances.
An escape clause is a contractual provision or agreement that allows a party to terminate or modify their obligations under specific circumstances. It serves as a safety net or an exit strategy, granting the option to escape from the terms of the contract without facing legal consequences or penalties.
Typically inserted in legal agreements, such as contracts, leases, or agreements for services, an escape clause provides protection or flexibility for the involved parties. It outlines the conditions or events that must occur for the clause to become effective. Escape clauses are commonly invoked in situations where unforeseen circumstances arise, preventing the parties from fulfilling their obligations as originally agreed upon.
The purpose of an escape clause is to maintain fairness and prevent hardships or unfair burdens that may arise during the course of a contractual agreement. It ensures that parties have the opportunity to exit the contract or modify its terms if they encounter unexpected difficulties or if certain conditions outlined in the clause are met. These conditions can include events like financial hardship, natural disasters, changes in legislation, or failure to perform by the other party. The inclusion of an escape clause may offer peace of mind to the parties involved, knowing that they have an option to terminate the agreement or renegotiate its terms if necessary.
The word "escape clause" consists of two parts: "escape" and "clause".
- "Escape" is derived from the Old North French word "escaper", which means "to flee" or "to run away". This was derived from the Vulgar Latin word "excappare", a combination of "ex" (meaning "out") and "cappa" (meaning "cloak"). So, "escape" originally referred to "slipping out of one's cloak" or "getting out from under something".
- "Clause" is derived from the Greek word "kláusis", meaning "a closing" or "a locking". It was later adopted into Latin as "clausūla". In legal terms, a "clause" refers to a stipulation or provision in a contract or agreement.
