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Hear this out loud PauseAn exclusivity clause limits licenses, distribution rights, and other rights to specific parties. It grants to that party only the rights outlined in the contract and further limits how that party may use the rights they were given. These clauses often appear in contracts, including: Intellectual property agreements.
An exclusive supply agreement, also called exclusive dealing, is a legal agreement between two parties in which one party imposes restrictions on the other party's freedom to make choices about with who or where they do business.
Hear this out loud PauseExclusive supply contracts prevent a supplier from selling inputs to another buyer.
Hear this out loud PauseExclusive dealing is where a business imposes conditions on another business it deals with (such as their supplier or purchaser) that restricts their ability to deal with others.
Hear this out loud PauseWhat is an Exclusive Rights Agreement? An exclusive rights agreement is a contract between an author and publisher that grants the publisher exclusive rights to publish, distribute, and sell the work. This type of agreement can be advantageous for both parties because it limits competition from other publishers.
Long form clause by which the customer agrees to purchase a particular product or service exclusively from the supplier and the supplier agrees not to supply a particular product or service to the customer's competitors.