An example of a successful exclusivity deal is one of the world`s best-selling electronic devices: Apple`s iPhone. When Apple launched the iPhone in 2007, it entered into an exclusive partnership with AT&T to sell the phone. It took two years of negotiations to reach this agreement. Prior to 2007, mobile operators were extremely cautious with the software on mobile phones and needed to be able to control the software in order to maintain a relationship with their customers. They may also be limited to buying or selling goods for a certain period of time, depending on the terms of the agreement. Exclusivity agreements between franchisors and franchisees are often stricter than between other parties. Before you sign anything, negotiate the terms until you feel comfortable with what you`ve committed to by signing the agreement. An exclusivity clause prevents the signatory from buying, selling or promoting goods or services to a person other than the issuing entity.11 min read Where a broker or investment banker represents one of the parties, the exclusivity clause relates to the exclusive commitment between the banker 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 However, if the broker no longer represents the seller and the business is sold within a set period of time, this may violate the terms of the exclusivity agreement. The choice of an exclusivity clause can have a number of advantages. When negotiating this clause, both parties should ensure that it works on both sides.

Maybe you`d like to negotiate higher compensation because you`re limiting future work or opportunities.