Document background
The Exclusive Purchasing Agreement is a specialized commercial contract used when a business commits to purchasing specific products or services exclusively from a designated supplier. This document is particularly relevant in the New Zealand market where businesses seek to establish stable, long-term supply relationships while ensuring compliance with local competition laws. The agreement typically includes detailed terms covering pricing structures, minimum purchase obligations, quality standards, and delivery requirements. It is designed to provide certainty of supply for the purchaser while guaranteeing a stable customer base for the supplier. The document must carefully balance exclusivity provisions with competition law requirements under New Zealand's Commerce Act 1986, making it suitable for businesses looking to secure their supply chain without creating anti-competitive market conditions.
