Add Initials Exclusivity Agreement Template For Free

Examples of exclusivity clauses include: 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.

An exclusivity clause is a provision in an employment contract that restricts an employee from working for another employer at the same time. This means that during the term of employment (and not after), the employee is required to work ?exclusively? for their current employer.

During the Exclusivity Period (as defined below), the Company will not, and will ensure that none of its Related Persons (as defined below) will, solicit, negotiate, accept, encourage, consider or otherwise pursue any offer or inquiry from any person or entity, or engage in discussions or other communications or ...

The purpose of an Exclusivity Agreement is not to bind each party to the transaction, but to enable the buyer to obtain their searches, property survey and any mortgage offer (if required) and "lock out" other interested buyers. Naturally, these agreements have advantages and disadvantages for both parties.

Buyer and Seller agree that during the Exclusivity Period, Buyer shall purchase Product exclusively from Seller and not from any other vendor. The Seller hereby gives the Buyer the exclusive right to sell the product upon the terms as set forth below. ITEMS PURCHASED AND PRICE.

A common example of exclusive distribution is automobiles. Automobiles are distributed through exclusive distributorship, meaning that each distributor is the only one authorized to sell a particular make of car within a specified territory.

An exclusivity clause is part of a bigger legal document that restricts the signer from buying, selling, or promoting any goods or services from any person or company other than the issuing company associated with the contract. In other words, the company or individual works exclusively with the issuer of the contract.

Here are some examples of Exclusivity Clauses that could be considered in an agreement: The parties agree that, for the duration of this Agreement, the Supplier shall have exclusive rights to distribute the products in the State of ______.