An Exclusivity Contract is essential for businesses seeking to establish protected commercial relationships in Singapore. This document type is commonly used when parties wish to create sole rights for distribution, manufacturing, or service provision within defined parameters. The contract must comply with Singapore's legal framework, particularly the Competition Act and contract law principles. It typically includes detailed provisions on exclusivity scope, duration, territorial limits, and performance requirements. The agreement should balance commercial interests with competition law compliance while providing clear mechanisms for enforcement and dispute resolution.
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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 exclusivity arrangement
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. Performance Metrics: Specific targets or KPIs to be met as conditions of exclusivity
2. Territory: Geographic scope of exclusivity when applicable to specific regions
3. Non-Compete: Additional competitive restrictions beyond basic exclusivity
4. Change of Control: Provisions handling ownership changes in corporate entities
1. Products/Services Schedule: Detailed list of products/services covered by exclusivity
2. Territory Schedule: Detailed description of geographical areas covered
3. Performance Criteria: Detailed metrics and measurement methods
4. Compliance Requirements: Specific regulatory or industry requirements
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