Client Exclusivity Agreement Template for Hong Kong

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Key Requirements PROMPT example:

Client Exclusivity Agreement

"I need a Client Exclusivity Agreement for my software development company based in Hong Kong, granting us exclusive rights to provide AI development services to a major financial institution across Asia Pacific, with the agreement starting March 1, 2025, and including strict non-compete provisions."

Document background
The Client Exclusivity Agreement is a strategic legal document used when establishing exclusive commercial relationships in Hong Kong's business environment. It is particularly valuable when a service provider seeks to secure a guaranteed market share or when a client wants to ensure dedicated service capacity. The agreement typically outlines the scope of exclusive services, territorial limitations, duration, and commercial terms, while ensuring compliance with Hong Kong's competition laws and regulations. This document is essential for businesses looking to formalize exclusive arrangements and protect their commercial interests in Hong Kong's competitive market landscape.
Suggested Sections

1. Parties: Identification of the contracting parties with full legal names and registered addresses

2. Background: Context of the agreement, existing relationship between parties, and purpose of the exclusivity arrangement

3. Definitions: Key terms used throughout the agreement, including definition of exclusive services/products and territory

4. Scope of Exclusivity: Detailed description of exclusive rights and obligations, including territorial scope and specific activities covered

5. Duration and Term: Period of exclusivity, including commencement date and termination conditions

6. Obligations of Client: Client's commitments, including not engaging with competitors and minimum purchase obligations if applicable

7. Obligations of Service Provider: Provider's commitments, including service levels and capacity requirements

8. Payment Terms: Financial arrangements, including any exclusivity fees or minimum revenue commitments

9. Confidentiality: Protection of confidential information exchanged during the relationship

10. Termination: Grounds for termination, notice requirements, and consequences of termination

11. Governing Law and Jurisdiction: Specification of Hong Kong law as governing law and jurisdiction for disputes

Optional Sections

1. Change of Control: Provisions addressing what happens if either party undergoes a change in ownership or control

2. Force Majeure: Provisions for circumstances beyond parties' control that may affect performance of obligations

3. Non-Solicitation: Restrictions on hiring each other's employees or contractors

4. Intellectual Property Rights: Protection of IP rights if relevant to the exclusive relationship

5. Audit Rights: Right to audit compliance with exclusivity obligations

6. Insurance: Insurance requirements if relevant to the services provided

7. Data Protection: Compliance with privacy laws if personal data is processed

8. Assignment and Subcontracting: Rights and restrictions regarding transfer of rights or obligations

Suggested Schedules

1. Schedule 1 - Exclusive Services/Products: Detailed list and specifications of services or products covered by the exclusivity arrangement

2. Schedule 2 - Territory: Detailed definition of geographical areas covered by the exclusivity

3. Schedule 3 - Excluded Companies/Competitors: List of specific competitors or companies with whom the client cannot engage

4. Schedule 4 - Service Levels: Specific performance metrics and service levels to be maintained

5. Schedule 5 - Fee Structure: Detailed breakdown of fees, minimum commitments, and payment terms

6. Appendix A - Reporting Requirements: Format and frequency of reports to demonstrate compliance with exclusivity obligations

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Clauses
Relevant Industries

Professional Services

Technology and Software

Manufacturing

Distribution and Retail

Financial Services

Consulting Services

Healthcare Services

Media and Entertainment

Telecommunications

Real Estate

Relevant Teams

Legal

Commercial

Business Development

Procurement

Sales

Operations

Compliance

Corporate Development

Strategic Planning

Risk Management

Relevant Roles

Chief Executive Officer

Commercial Director

Head of Business Development

Legal Counsel

Contract Manager

Chief Operating Officer

Procurement Manager

Sales Director

Business Development Manager

Strategic Partnerships Manager

General Counsel

Commercial Operations Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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