Point Is he could do it , and has leverege because of it imo . San Jose of course will likely want to retain him . Starting from a 10 million dollar price point seems incredibly advantageous to me.
Yes he could do it, which means it would be logical to assume any team trading for him would make sure he is either coming with an extension already signed/agreed to with the team trading for him, or that the return for Meier would be significantly less, or laden with conditional assets, without that extension signed.
Which means his QO is functionally meaningless to the team trading for him because they will be negotiating the trade with that information already known.
His QO is really only a major detriment to SJ due to the fact it could massively impact his trade value if they are not willing to let teams negotiate with him, or if Meier himself makes it known he does not want to return to SJ or sign an extension with any team, and intends to sign his QO and test free agency the next year regardless of if he is traded or not.