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An exclusivity clause is a contractual commitment to engage exclusively with one party for specified activities. For example, stating that one is the exclusive supplier of water for North American operations for two years establishes this exclusivity. However, an exclusivity clause can also be implied without using the word "exclusive," such as agreeing to purchase all water from a single supplier for two years. While not very common, exclusivity clauses can appear in significant business agreements and may represent substantial financial value. Examples include exclusive distribution or licensing rights in specific regions and durations, making it crucial to adhere to these clauses to avoid violations.
