An Exclusive Distribution Agreement is a legal contract that grants exclusive rights to distribute a product or service within a specific geographical area or market. This type of agreement ensures that only one party can sell the product or service in this particular territory. In return, the distributor may receive exclusivity benefits such as promotional materials, pricing control and marketing support. By signing this binding contract, both parties agree to abide by the terms and conditions laid out within the agreement. With an Exclusive Distribution Agreement, businesses have more control over their target market and can ensure their product or service isn’t being sold illegally or at a lower quality than desired.