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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.
When a purchaser places restrictions on a supplier, this is also exclusive dealing. For example, a purchaser refuses to buy from a supplier unless the supplier agrees not to supply the purchaser's competitors.
Exclusive rights agreements are a type of procurement contract that gives one supplier the exclusive right to supply goods or services to an organization for a specified period of time. These types of agreements may be included in procurement contracts for various reasons.
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.
An exclusive supply contract is a commercial contract in which one party agrees to supply the other with a particular product or service.
Exclusive supply contracts prevent a supplier from selling inputs to another buyer.