Exclusive purchase agreement templateExclusive Purchase Agreement • February 11th, 2023 • California
Contract Type FiledFebruary 11th, 2023 JurisdictionA Sales Exclusivity Agreement is a document used by a buyer and a seller who would like to set up an arrangement where the buyer purchases a product only from that seller. New business arrangements can be mutually beneficial and lead to increased revenue and deals for both parties. Using a Sales Exclusivity Agreement, the parties can clearly establish the specific terms of their business arrangement. The Exclusivity Agreement acts as a contract between the parties so that the buyer purchases a product exclusively from the seller and the seller remains the sole provider of those goods for the life of the contract. This arrangement helps the seller obtain a competitive advantage by securing a reliable regular customer and restricting who receives the product from them. It is important to note that under this contract, while the buyer is agreeing to exclusively purchase the product from the seller, the seller may still sell the product to other customers. However, using a Sales Exclusivit