Non-Exclusive Agreement
Definition
A non-exclusive agreement lets both parties work with other partners, investors, or advisors on the same subject matter at the same time, the opposite of an exclusivity or no-shop clause.
Wie es im Fundraising vorkommt
Founders should push for non-exclusive terms with advisors, brokers, and early conversations wherever possible, reserving exclusivity for the no-shop period tied to a signed term sheet.
Häufig gestellte Fragen
When should a founder avoid signing an exclusive agreement?
Before there is a firm offer on the table. Broad exclusivity early in a process limits options with no guaranteed benefit in return.
Are fundraising engagements with bankers usually exclusive?
Often yes, for a defined period and scope, so founders should negotiate the term length and carve-outs carefully before signing.
Verwandte Begriffe
Setzen Sie diesen Begriff ein
Definitionen gewinnen nur dann Verhandlungen, wenn Sie sich in einer befinden. Finden Sie die Investoren, die Ihre Phase finanzieren, und beginnen Sie das Gespräch.
Datenbank der Investoren durchsuchen