With an exclusivity contract, the buyer undertakes not to buy or request the seller`s goods from other persons during the term of the contract. An exclusivity agreement can help create a competitive advantage for one seller by limiting who else can receive these services, as this exclusivity agreement is typically used in a vertical buyer-seller relationship where a buyer agrees to buy exclusively from the seller. Other names for this document: Exclusivity Agreement, Exclusivity Agreement Form An exclusivity agreement describes the details of a buyer who agrees to purchase goods exclusively from a seller, so the seller is the sole supplier of the goods. Therefore, for and taking into account the mutual obligations contained in this Agreement and other good and valuable considerations, the receipt and suitability of which are hereby acknowledged, the parties agree that: Seller agrees that timely delivery is necessary to support Buyer`s business and also agrees to authorize the shipment of all Products requested under this Exclusivity Agreement within the limits of the Exclusivity Agreement. 5 days after receipt of the order. Both parties acknowledge that during the term of this Agreement, they will be informed of certain information relating to the activities of the other party that is considered confidential. The following property is offered by the Seller during the term of this Agreement: (Multiline Text Field) All orders are transmitted from the Distributor to the Supplier and are subject to the Supplier`s written acceptance. The Supplier may (in its sole discretion) refuse to accept an Order. Any Order placed constitutes an offer by Licensee to purchase or license Supplier`s Products described in this Order and, upon acceptance by Supplier, creates a contractual obligation on Licensee`s part to purchase or license such Products under the terms set forth in this Agreement. Contradictory, contradictory or additional terms contained in an order submitted by Distributor are not binding unless Supplier expressly agrees to these Terms in writing. All costs arising from the modification or cancellation of an order after acceptance by the Supplier, including the costs of redirecting, cancelling or returning shipments and reasonable restocking fees, will be paid by the Distributor to the Supplier upon request.
If any provision of this Agreement is held to be unenforceable or invalid, all other provisions shall remain in full force and effect. Both parties will be entitled to agree and replace the invalid provision with a binding and effective provision. This exclusivity agreement is concluded on the [Agreement.CreatedDate] between the parties [Seller.FirstName] [Seller.LastName] and [Buyer.FirstName] [Buyer.LastName]. The signatures below constitute acceptance and acceptance of all the terms and conditions set forth in this Agreement. In case of need for arbitration, both parties will provide the arbitrator with all necessary documents relating to this exclusivity agreement. Seller reserves the right to maintain and apply the Manufacturer`s Recommended Minimum Selling Prices (MSRP) for all products listed. Buyer agrees to sell all Goods for the duration of this Exclusivity Agreement at least at the MSRP prices set out below. PandaTip: This section of the Submission prevents each party from assigning its rights and obligations under the terms of this Agreement to another party without prior authorization. The parties agree that no part of this Agreement may be transferred, sold or transferred to any third party without prior consent. During the Exclusivity Period, Seller will not solicit, sell or promote any of the Properties listed in this Exclusivity Agreement to any other party. Upon termination of this Agreement for any reason, Distributor will immediately cease using Supplier`s Marks as permitted by this Section and will immediately take all appropriate and necessary steps to (a) remove and delete all entries in public folders, telephone directories, other directories, visual displays or documentation at Distributor`s location, on the Internet and elsewhere; which would indicate or induce the public to believe that the Distributor is the representative of the Supplier.
(or any of its affiliates) or the products or services of the supplier (or any of its affiliates); and (b) cancel, abandon or transfer any product licenses, trade name applications, trademark applications or registrations, or other filings with the territorial governments (whether or not such submissions have been approved by the Supplier), which may contain Supplier`s trademarks or names that are confusingly similar to Supplier`s trademarks. In the event of non-compliance with this paragraph by the Representative, the Supplier may make a request for deletion, cancellation, cancellation or transfer on behalf of the Representative. The Distributor will provide support to the Supplier and reimburse the Supplier for the costs incurred in enforcing this paragraph. An exclusivity of sale contract is a document used by a buyer and seller who wish to enter into an agreement when the buyer purchases a product only from that seller. New trade agreements can be mutually beneficial and lead to higher revenues and transactions for both parties. A market exclusivity agreement allows the parties to clearly define the specific terms of their trade agreement. Any dispute or controversy that may arise from the term of this Exclusivity Agreement will be resolved by arbitration with [Arbitrator.Name] as agreed between the parties. The selected arbitrator must be aware of the exclusivity agreement concluded and has been reviewed by all parties to that agreement.
PandaTip: Exclusivity agreements create a unilateral restriction that ensures that one party sells exclusively to the other and that the buyer does not buy the listed products from another party. .