Product Exclusivity Agreement Template
An exclusivity agreement gives you the sole right to sell products or services to another organization.
Product exclusivity agreement template. This is commitment of another kind. The relationship between the parties revolve only around the contract and it s nothing beyond that. Save sign print and download your document when you are done. More on exclusivity agreements.
Supplier s appointment of distributor in section 1 of this agreement is an exclusive appointment to distribute the products in the territory. An exclusivity agreement is a contract between two business which deals with transactions and certain aspects of the business. An exclusivity agreement outlines the details of a buyer who agrees to purchase goods exclusively from a seller so that the seller is the only provider of the goods. Catalent shall process product in accordance with the specifications the applicable laws and the terms and conditions of this agreement client and its affiliates shall purchase from catalent and catalent will be the supplier to client and its affiliates for client s and its affiliates requirements of product in the territory as detailed in.
From the date of this agreement until the closing or the termination of this agreement in accordance with section 5 2 seller will not and will not permit its respective affiliates or any of its affiliates representatives to directly or indirectly. In most cases the seller offers certain guarantees or discounts in return for these exclusive rights. Seven major parts are in the contract each of them detailing the commercial rapport between the beneficiary and the vendor. Supplier shall not independently advertise solicit and make sales of supplier products support supplier products or appoint additional distributors for supplier products in the territory.
The price for the product shall be as set forth in the agreement the price. Supply and purchase of product. A solicit initiate or encourage the submission of any proposal or offer from any person relating to or enter into or consummate any transaction relating to the acquisition of the purchased. Here is a simple exclusivity agreement template drafted between destination maternity corporation buyer and an affiliated vendor.