What is the agreement called when I want a company to work exclusively with me in a certain market?

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What is the agreement called when I want a company to work exclusively with me in a certain market?

I own a small fundraising company and would like to have my supplier sign a
contract stating he cannot work with anyone in the fundraising industry
personally. If they would like his products or services they would need to go
through me. This way a ‘big Box’ fundraising company cannot just come in and
buy him out and render me useless.

Asked on August 10, 2016 under Business Law, Ohio

Answers:

S.L,. Member, California Bar / FreeAdvice Contributing Attorney

Answered 5 years ago | Contributor

The agreement is called a non-competitive agreement.  It has to be reasonable in terms of geographic proximity, scope and duration.
If it is overbroad and is the subject of a legal challenge, a court can modify it by limiting its geographic proximity, scope and duration.


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