Integrate Signed Exclusivity Agreement Template For Free

During the Term of this Agreement, (a) HEZL Party A will not contract with any other Person to provide services which are the same or similar to the Management Services.

An exclusivity clause is part of a general collaboration agreement inserted by whoever drafted the document for specific reasons. The clause grants the owner of the agreement exclusive rights to the patronage, goods, or services owned by the other party.

Another common example of an exclusivity agreement is in commercial leases in shopping centers. Commercial landlords often offer a tenant the exclusive right to sell certain types of goods.

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 ______.

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. Example 4: Preventing employees from working for agency competitors.

Clearly state that both parties have elected to enter into the agreement based on their interest and free will. Then, outline the terms upon which both parties agree. The next section should cover which party will provide goods or services exclusively to the other.

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.