A new business partnership can lead to exciting opportunities and increased revenue. If you are entering into a partnership that involves the buying and selling of goods, you can use an Exclusivity Agreement to establish the terms. This exclusivity agreement contract is between two or more parties to purchase goods exclusively from a seller, so that the seller is the only provider of the goods.
With an Exclusivity Agreement, the buyer agrees not to obtain or solicit the seller's goods from anybody else for the length of the agreement. An Exclusivity Agreement can help create a competitive advantage for a seller by restricting who else can receive those services, as this exclusivity contract is typically used in a vertical buyer/seller relationship, in which a buyer agrees to buy exclusively from the seller.
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