An exclusivity agreement outlines the details of a buyer who agrees to purchase goods exclusively from a seller so that the seller is the only provider of the goods.
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This exclusivity agreement (hereby referred to as the "Agreement") is entered into and made on [DATE], between [SELLER] (hereby referred to as "A") and [BUYER] (hereby referred to as "B").
A and B have expressed interest in entering into an exclusivity agreement in regards to:
[PROPERTY OR GOODS TO BE SOLD]
For the interest of both involved parties, and to show receipt and acknowledgment of this agreement, both parties agree to:
1. Exclusivity
The period of exclusivity will begin on [STARTING DATE] and conclude on [END DATE]. During this period, A will not sell, promote, or solicit any property included within the Agreement to any other parties.
B agrees to purchase property listed in the Agreement from A alone and no other sellers during the term of the Agreement. B also agrees to purchase property in accordance with terms and conditions outlined in the Agreement for the entire term.
2. Items for Purchase
The property listed below is offered by A throughout the terms of this agreement:
3. Cost to Resell
A reserves the right to enforce and maintain set manufacturer's recommended sale prices (MSRP) for all goods and property listed. B agrees to adhere to the MSRP prices during the entire term of the Agreement.
[NAME OF GOODS/PROPERTY] [MSRP] [QUANTITY] [SUBTOTAL]
4. Payment for Goods/Property
Payments are based on information listed below and will include deposits, discounts, and taxes, where applicable. Upon the shipping date of the property, A will invoice, payable under [PAYMENT TERMS].
If the payment is not received by the due date, A reserves the right to apply a [LATE FEE PERCENTAGE]% late fee to the invoice total.
Failure to pay constitutes a breach of contract. A reserves the right to terminate exclusivity agreement. If termination occurs, B is still responsible for all funds due. A also has the right to take legal action to recoup fees due.
Both parties agree to an obligation to uphold this Agreement at all times. But neither party is liable for violations caused by:
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