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An exclusivity clause is a contractual commitment to engage solely with one party for specific activities, such as being the exclusive supplier for a defined period. It can be explicit, stating "exclusive supplier," or implicit, like a clause that says all purchases will be from a specific supplier. While not overly common, these clauses are significant in major business deals and can have substantial financial implications. Examples include exclusive distribution rights in a region or exclusive licensing agreements. It is crucial to adhere to these clauses to avoid violations.
