Exclusive Agreement Clause

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Definition of "Exclusive Agreement Clause"

  1. Generally, an exclusive agreement clause is a clause in a contract that prevents a party to the contract from entering a similar contract with a third party.
  2. In the case of a Music Recording Contract, an exclusive agreement clause prevents the artist from entering a similar recording agreement with another recording company. An exclusivity clause is usually a necessary clause to prevent the conflicts that would occur where two production companies attempt to market the same band.

"Exclusive Agreement Clause" is referred to in the following legal documents:

Music Recording Contract