Document background
The Exclusive Purchasing Agreement is utilized when parties wish to establish a committed, long-term commercial relationship where a buyer agrees to purchase specific products exclusively from a designated supplier. This document is particularly relevant in the Canadian market where such arrangements must comply with federal competition laws and provincial commercial regulations. It typically includes detailed terms covering product specifications, pricing mechanisms, minimum purchase commitments, quality standards, and delivery requirements. The agreement is designed to protect both parties' interests while ensuring compliance with Canadian legal requirements, particularly the Competition Act's provisions regarding exclusive dealing arrangements. It's commonly used in manufacturing, retail, and industrial sectors where supply chain certainty and volume commitments are crucial for business operations.
