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An exclusivity clause is a contractual commitment to engage exclusively with one party for specific activities. For example, it might specify that a supplier is the exclusive provider of water for operations in North America for two years. Even if the term "exclusive" is not used, such as in a commitment to purchase all water from a supplier, it creates an exclusive obligation. Though not very common, these clauses are significant in major business agreements and can have substantial monetary implications, such as exclusive distribution rights or licensing arrangements. Violating exclusivity clauses can lead to serious consequences.
