Forward Initial Exclusivity Agreement Template For Free - Exclusivity Agreement Template

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 ...

For example, a company selling proprietary software needs to license the use of its product, so it contracts with a second company that wants to use the software. The exclusivity clause limits what that second company can do with the software.

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 ______.

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.

An exclusivity clause is a term used in contracts that specifies that the contracting parties will not do business with any other party during the duration of the contract. This clause is often used in exclusive supply agreements, where one company agrees to be the sole supplier of goods or services to another company.

The exclusivity clause is language in the agreement in which, by virtue of signing the non-disclosure agreement, you not only share your confidential information but you also agree not to share your confidential information with anybody else for some specified or unspecified period time.