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What is an example of exclusivity language?

During the Term of this Agreement, (a) HEZL Party A will not contract with any other Person to provide services which are the same or similar to the Management Services.

How do you write a sample agreement?

How to write an agreement letter Title your document. Provide your personal information and the date. Include the recipients information. Address the recipient and write your introductory paragraph. Write a detailed body. Conclude your letter with a paragraph, closing remarks, and a signature. Sign your letter.

What is the purpose of exclusivity?

Exclusivity means that one party is restricted from buying, selling or otherwise partnering with other parties than the one on the other side of the contract. Exclusivity is used in contracts to limit what one party can do, usually to the commercial advantage of the other party.

What is an example of exclusivity?

Another common example of an exclusivity agreement is in commercial leases in shopping centers. Commercial landlords often offer a tenant the exclusive right to sell certain types of goods.

How do you write an exclusivity agreement?

Contents Defining the Scope of the Exclusivity Agreement. Defining Geographic Region. Determining Exclusivity Level. Clarifying the Parties Involved. Establishing Rights and Obligations of Each Party. Identifying the Products or Services Subject to Exclusivity. Specifying General Product or Service Categories.

What are the conditions of exclusivity?

Exclusivity clauses in commercial agreements impose a restraint on a contracting party, limiting that partys freedom to choose the products and/or services it may offer; the customer categories it is permitted to serve; the sales channels to use; or the geographic regions in which it is permitted to operate.

What is an example of product exclusivity?

Examples of companies that use exclusive distribution include Apple for its high-priced and luxury products, as well as companies like Lamborghini, BMW, Rolex, and Mercedes. These companies appoint only a few distributors to cover a specific region, maintaining exclusivity in their distribution agreements.

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