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What is exclusive manufacturing?

Exclusive Manufacturing Rights means any and all rights, on an exclusive basis and with the right to sublicense, to make, have made, and manufacture the Licensed Product in the Exclusive Territory.

What does OEM agreement mean?

An OEM agreement, or original equipment manufacturing agreement, is a contract between two entities, one of which provides products to the other. The entity that receives the products is typically referred to as the OEM and they usually produce or market their own brand.

What is the exclusivity clause in a manufacturing agreement?

A typical exclusivity clause that is designed to benefit a brand owner will require the contract manufacturer to limit its production and sale of the same or similar products for some period of time. An exclusivity clause for a brand owner may last for the duration of the contract manufacturing agreement.

What is the difference between a contract and a MSA agreement?

Unlike contracts that typically apply to a one-time transaction between two parties, a Master Service Agreement is intended to outline the rights and responsibility of the parties involved in an ongoing relationship, including those that pertain to: The ownership rights of a property.