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Exclusive or Exclusivity Agreement between Buyer and Seller Agreement made on the ________________ (date), between ____________________ (Name of Buyer) a corporation organized and existing under the laws of the state of ________________, with its principal office located at ________________________________ ____________________________________ (street address, city, county, state, zip code), referred to herein as Buyer, and _____________________ (Name of Seller), a corporation organized and existing under the laws of the state of ______________, with its principal office located at ___________________________________________________________________ _____________ (street address, city, county, state, zip code), referred to herein as Seller. Whereas, Buyer and Seller desire to enter into an exclusive agreement with regard to the purchase and sale of (describe product) ______________________________________ ________________________________________________, hereinafter called Product; and Whereas, Buyer and the Seller are entering into this Agreement in good faith and are relying on its terms; Now, therefore, for and in consideration of the mutual covenants contained in this agreement, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 1. Definitions and Descriptions As used herein, the following definitions shall apply: A. Buyer's Obligations shall mean the obligations of the Buyer as set forth in Section 3 of this Agreement. B. Buyer's Solicitors shall mean _______________________________________ ____________________________________________________ (Name and address). C. Exclusivity Period shall mean the period starting at ______________________ (time and date) and ending on ________________________ (time and date). D. Property shall mean (describe and/or define) _________________
(location and/or address). E. Product shall mean (describe and/or define) (product). F. Release means the ability and intent to release any person, entity, partnership, firm, association, corporation, limited liability company, government, governmental agency, corporation, partnership, joint venture, union or any other legal or commercial entity, individually or collectively, from any obligation or liability under any provision of this agreement. G. Property owner's obligations shall mean the obligations of the property owner as set forth in section 4 of this agreement. H. Property owner's duties shall mean the duty of the property owner to provide buyer with all information necessary to a good faith conclusion on any claim made in connection with this agreement in exchange for the consideration to be paid by the property owner. I. Remedy means the right of buyer and seller to bring an action in any court of competent jurisdiction in any court of competent jurisdiction of the state of Illinois or any other federal judicial district, or in its own name, within any federal judicial district, to enjoin the willful infringement of this agreement by any person, entity, partnership, firm, association, corporation, limited liability company, government, governmental agency, corporation, partnership, joint venture, union or any other legal or commercial entity; or to obtain an order restraining the willful infringement of this agreement against any person, entity, partnership, firm, association, corporation, limited liability company, government, governmental agency, corporation, partnership, joint venture, union or any other legal or commercial entity; or to enjoin use or infringement of any person's rights under this agreement by any person, entity, partnership, firm, association, corporation, limited liability company, government, governmental agency, corporation, partnership, joint venture, union or any other legal or commercial entity. J. Remedy to be limited to damages. K. Seller's obligations shall mean the obligations of the seller as set forth in section 5 of this agreement. L. Seller's solicitors shall mean (name and address). M. Remedy to be limited to injunctive relief. N. Sublet and subletting (describe the property to be sublet and/or subletting). O. Sellers's obligations shall mean the obligations of the sellers as set forth in section 6 of this agreement. P. Term, renewal and termination shall mean the contractual term between the parties specified on the face of this agreement but shall not include any time period of time prior to the end date specified on the agreement. Q.