Exclusivity Agreement For Services
Where an investment broker or investment banker represents one of the parties, the exclusivity clause relates to the exclusive commitment between the banker/broker and the seller. However, if the broker no longer represents the seller and the business is sold within a set period of time, this may violate the terms of the exclusivity agreement. An exclusivity agreement can contain a large number of details, depending on the conditions required by each party. However, most of them will follow a similar structure. Indicate the name and surname of each of the parties involved and the date the agreement was drawn up. It is clear that both sides decided to conclude the agreement on the basis of their interest and free will. Then outline the conditions on which both parties agree. Before signing a contract containing an exclusivity clause, make sure you clearly understand the terms. You can ask at any time to negotiate the terms of the clause if you are not satisfied with the restrictions. . . .