Non-Exclusive Agreement

Definicja

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.

Jak pojawia się w pozyskiwaniu finansowania

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.

Często zadawane pytania

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.

Wykorzystaj ten termin

Definicje wygrywają negocjacje tylko wtedy, gdy w nich uczestniczysz. Znajdź inwestorów, którzy finansują Twój etap i rozpocznij rozmowę.

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