325F.986 EXCLUSIVITY AGREEMENTS.
Subdivision 1. Writing required.
Every exclusivity agreement must be in writing and signed
by the party against whom the agreement is sought to be enforced.
Subd. 2. Obligation.
A lawful exclusivity agreement imposes, unless otherwise provided
in the agreement, an obligation by the private label purchaser to use reasonable efforts in the
development and promotion of the sale of the private label goods within the geographical territory
covered by that exclusivity agreement.
History: 1993 c 372 s 5