Non-Exclusive Agreement
정의
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.
투자유치 시 활용 방법
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.
자주 묻는 질문
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.