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Mutual Exclusivity Agreement
"I need a Mutual Exclusivity Agreement for my Singapore-based technology company to grant exclusive distribution rights to a Malaysian distributor for our software products in Southeast Asia, starting from March 2025, with specific performance targets and termination rights if targets aren't met."
1. Parties: Identification and details of contracting parties
2. Background: Context and purpose of the exclusivity arrangement
3. Definitions: Key terms used throughout the agreement
4. Scope of Exclusivity: Detailed description of exclusive rights granted
5. Duration: Term of the agreement and renewal provisions
6. Obligations of Parties: Rights and responsibilities of each party
7. Termination: Circumstances and process for ending the agreement
8. Governing Law: Specification of Singapore law as governing law
1. Minimum Purchase Requirements: Specific quotas or targets for situations where agreement includes purchase obligations
2. Territory Restrictions: Geographic limitations of exclusivity for territory-specific arrangements
3. Performance Metrics: Key performance indicators and benchmarks for agreements requiring performance monitoring
4. Change of Control: Provisions for ownership changes, typically used when dealing with larger corporations
1. Schedule 1: Products/Services: Detailed list of products or services covered by exclusivity
2. Schedule 2: Territory: Detailed description of geographic coverage
3. Schedule 3: Performance Criteria: Specific metrics and targets
4. Schedule 4: Pricing Structure: Price lists or pricing mechanisms
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