exclusive contract
Binding singular arrangement
An exclusive contract is a legal agreement that limits one or both parties from entering similar arrangements with others.
A musician signs an exclusive contract with a record label, preventing them from recording for competitors.
A distributor might have exclusive rights to sell a product in a particular region.
She couldn't take the acting job because of her exclusive contract with the studio.
- bindingLegally or morally required
- binding agreementEnforceable mutual commitment
- agreementShared position between parties
- dealAgreement or distribution
- record dealArtist-label contract
monopoly · locked · tied · lock in · commitment · clause · negotiation · rights · first refusal · sole · agency · talent agency · talent · signing · partnership · leverage · breach · terminate
- showbizHollywood, Bollywood, Tinseltown, backstage, behind the scenes
- endorsementsendorsement, spokesperson, recommendation, top pick, approval
- market powermonopoly, oligopoly, cartel, market share, pricing power
exclusive contracthandshake deal
Unwritten mutual commitment
gentleman's agreement · verbal agreement · at-will employment · understanding
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