Lockout Clause (Pre-Contract Exclusivity) for Commercial Transactions
Typically this document will be used when there are going to be discussions between the two parties which they anticipate might lead to a definitive, detailed, binding contract containing full terms of a transaction between them.
Since this template is designed to be as short as possible, it does not include any confidentiality provisions unlike the Exclusivity Agreement (Pre-Contract Lockout) for Commercial Transactions in this subfolder.
This template is designed to be used as part of a detailed pre-contract agreement (which is later superseded by the definitive contract). Where, however, you do not intend to have a detailed pre-contract agreement which includes a set of lockout provisions, you can instead use a stand-alone lockout agreement. We have for that purpose included the Lockout Agreement (Pre-Contract Exclusivity) for Commercial Transactions in this subfolder.
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Lockout Clause (Pre-Contract Exclusivity) for Commercial Transactions is part of Business Documents. Just £35.00 + VAT provides unlimited downloads from Business Documents for 1 year.