Exclusive Supply Agreement
/ɪkˈskluːsɪv səˈplaɪ əˈɡriːmənt/
Definitions
- (n.) A contract whereby a supplier agrees to sell goods exclusively to a single buyer, barring supply to others for a specified period or under defined conditions.
The manufacturer entered into an exclusive supply agreement with the retailer to ensure sole distribution rights.
Forms
- exclusive supply agreement
- exclusive supply agreements
Related terms
See also
Commentary
Exclusive supply agreements are used to secure stable supply chains but must be carefully drafted to avoid antitrust issues.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.