5/19/11

How to Sign an Exclusive Agreement

An exclusive agreement means you are agreeing to work exclusively with an individual or company. Some of the most common situations for signing an exclusive agreement are when working with a real estate agent or a talent agent, or making an agreement between two companies. When signing an exclusive agreement, you must take several precautions to ensure the agreement protects both you and the other party.
    • 1

      Contact an attorney to review the exclusive agreement. If the agreement is in a specific industry, such as entertainment, real estate or corporate law, contact an industry-specific attorney to ensure the information found in the agreement is beneficial to both parties.

    • 2

      Review the exclusive agreement with the attorney. If the attorney finds any discrepancies or potentially harmful wording, discuss the findings with the other party and create a new agreement.

    • 3

      Schedule an official signing date for which both parties are available. Together, review the final exclusive agreement, and if the agreement is satisfactory to both parties, sign the agreement in ink. Print your name and sign beneath it in the designated spots. If the agreement needs a witness, have a person not associated with the agreement present during the signing.

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