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Non exclusive agreement

Non exclusive agreement 2026

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The document is a Non-Exclusive License Agreement between two corporations, where the Owner grants the Manufacturer the right to use a secret process for manufacturing a specified product. It outlines terms regarding royalties, confidentiality, non-disclosure, and the responsibilities of both parties. The agreement includes provisions for duration, termination, remedies for breach, and arbitration for disputes.

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Click ‘Get Form’ to open the non-exclusive agreement in the editor.
Begin by filling in the date at the top of the document, followed by the names and addresses of both parties involved—the Owner and Manufacturer.
In the 'Whereas' section, describe the process that is being licensed and specify the product name that will be manufactured.
Proceed to Section 1, 'Use of Process', where you will detail any additional products that may be agreed upon for manufacturing.
In Section 3, 'Royalties', input the percentage rates for royalties and define what constitutes 'net selling price'.
Complete Sections 4 through 20 by providing necessary details regarding efforts, accounting practices, confidentiality agreements, and other terms outlined in the document.

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What does non-exclusive agreement mean?

Exclusive agreements limit a partys ability to work with another, meaning that the exclusive party offers services or products not provided elsewhere. Non-exclusive indicates that the non-exclusive party can work with anyone, including employees, competing products, and customers.

What are examples of non-exclusive?

For example, a software company could grant a non-exclusive license to multiple companies to use their copyrighted software. In this case, multiple companies can use the software, but none of them have the right to take legal action against potential infringers.

What is a non-exclusive arrangement?

Non-exclusive in an agreement means that the parties are free to enter into similar agreements with other entities and are not restricted to working only with each other.

What is the difference between exclusive and non-exclusive?

Unlike exclusive contracts that lock you into working with just one partner, non-exclusive agreements open doors to numerous business relationships. Think of it this way: Youre running a successful software business. With non-exclusive agreements, you can partner with multiple resellers who distribute your products.

Why might a buyer opt for a non-exclusive agreement with a broker?

Imagine a software company that enters into a non-exclusive distribution agreement with a retail company to sell its product. Under the terms of this agreement, the software company can work with other retailers, while the retail company can sell products from other software companies.

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