What is an exclusive contract?
An exclusive contract is an agreement between a manufacturer and a distributor where the distributor only buys from the manufacturer and is contractually prevented from dealing with the manufacturer’s competitors. At times, there will also be some agreement limiting the distributors that the manufacturer will sell to in the area, so that the distributor benefits as the only seller in the area for the brand.
Do you need an attorney to help with an exclusive contract?
The laws regarding exclusive contracts and fair business practices can be quite complex and will differ dramatically based on the circumstances of each case. An attorney can assist you with reviewing or creating an exclusive contract. An attorney can also represent you in court if needed.