Legal Dictionary of Pakistan

exclusive agency

the right to represent a principal - esp. either to sell the principal's products or to act as the seller's real-estate agent - within a particular market free from competition. - also termed exclusive franchise contracts involving the element of exclusive agency generally fall into three classes: (1) where the contract does not prevent the principal from making direct sales but deprives him of the right to appoint other agents; (2) where the agent is the only one with any right to sell; and (3) where the exclusive agency is accompanied with a stipulated right to commissions on all sales whether made through the agent or not." 3 am. jur. 2d agency § 268, at 768 (1986)