What does exclusive agreement mean in a contract?

An exclusivity agreement is a legal contract between two parties that restricts one party (the "licensee"), usually an inventor, from selling its product to a certain purchaser (usually the other party) for a designated period of time.

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Agreement between Bookinabasket.Com and Ichargeit.Com...

Palm Beach Florida Agreement between Bookinabasket.Com and Ichargeit.Com, Inc. regarding exclusive supply of product

Name: Palm Beach Florida Agreement between Bookinabasket.Com and Ichargeit.Com, Inc. regarding exclusive supply of product
Brand: US Legal Forms
Rating: 4.59 (296 reviews)

Category:

Corporations - Public - Agreements

State:

Multi-State

County:

Palm Beach

Control #:

US-EG-9243

Format:

Instant download

Description

Agreement between Bookinabasket.Com (Susannah Altman) and Ichargeit.Com, Inc. regarding exclusive supply of product dated February 7, 1999. 4 pages.

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FAQ

Also known as lock-out, shut-out or no-shop agreements. Agreements which are used to try to ensure that the other party to a prospective deal negotiates solely with the client for a period of time. They aim to give the client some protection from another party outbidding them.

An exclusive distribution agreement is an agreement between a distributor company and a supplier company that grants the distributor exclusive rights to sell the suppliers goods. This means that the supplier agrees to now allow another distributor to sell its goods for the duration of the agreement.

Exclusive Supply Agreements as defined under Section 3(4)(c) of the Competition Act, 2002 (Act). These agreements restrict the purchaser from dealing with goods or purchasing goods other than those of the seller. These agreements are a kind of restriction on the seller.

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.

Since 1977 the courts have held that vertical non-price restrictions - - such as exclusive distributorship agreements - - are not per se (or always) illegal under the antitrust laws.

Exclusive purchase agreements, requiring a dealer to sell the products of only one manufacturer, can have similar effects on a new manufacturer, preventing it from getting its products into enough outlets so that consumers can compare its new products to those of the leading manufacturer.

An exclusivity agreement is a legal contract between two parties that restricts one party (the "licensee"), usually an inventor, from selling its product to a certain purchaser (usually the other party) for a designated period of time.

An exclusive supplier agreement, sometimes called an exclusive vendor agreement, is a legal contract between a vendor and a purchaser that protects vendors and their customers from working with a competitor. The main goal of an exclusive supplier agreement is to increase the profits of both businesses involved.

Palm Beach Florida Agreement between Bookinabasket.Com and Ichargeit.Com, Inc. regarding exclusive supply of product

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What is the purpose of an exclusivity agreement?

What is a exclusive distribution agreement?

What is exclusive supply agreement Example?

How do you write an exclusive agreement?

Are exclusive distribution agreements legal?

What is an exclusive purchase agreement?

What does exclusive agreement mean in a contract?

What is an exclusive supplier?

Interesting Questions

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