An Exclusive Agent Agreement is a contractual agreement between a company and an agent, wherein the company grants exclusive rights to the agent for a specified period of time. This means that during the term of the agreement, the agent must represent only the company’s products or services and cannot accept offers from other companies. This type of contract is most often used by companies who are interested in granting exclusive rights for an extended period of time – typically one or more years. It has all the benefits of traditional agency agreements but with additional clauses that counteract any possible competition.