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An exclusivity clause grants exclusive distribution rights, exclusive licenses and other exclusive rights. It can also be an obligation to purchase all of a party's requirements for a product or service from the other party and prohibitions against selling products or services to competitors.
Your contract service agreement should include information on services being provided, compensation, taxes, terms and conditions of service, confidentiality clauses, warranties, force majeure clauses, indemnification clauses, limitation of liability clauses, and governing law and dispute resolution clauses.
Exclusivity Clause Examples Example 1: Limiting third-party relationships for business partners. Example 2: Obtaining exclusivity to produce a specific product. Example 3: Stopping a partner from working with certain network providers. Example 4: Preventing employees from working for agency competitors.
The exclusivity period shall begin on [Agreement. CreatedDate] and will conclude on [Agreement. EndDate]. During the exclusivity period, the Seller will under no condition solicit, sell, or promote any of the property listed within this exclusivity agreement to any other Parties.
What to include in your contract. Description of services. Lay out exactly what professional services you and your company will receive. ... Payment terms. Describe when and how the contractor will be compensated. ... Ownership rights. ... Confidentiality clause. ... Indemnification clause. ... Amendment. ... Termination. ... Dispute resolution.