This form is used by a vendor and company or individual to set forth the terms and conditions under which the company and/or individual may resell vendor services.
Hawaii Web Based Services Reseller Agreement
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How to fill out Web Based Services Reseller Agreement?
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A channel partner is a company ? such as a reseller, service provider, vendor, retailer or agent ? that partners with another organization to market or sell their services, products or technologies.
What should a Reseller Agreement template cover? Responsibilities of each party. ... Delivery requirements. ... Payment terms. ... Intellectual property rights. ... Consequences of a breach of contract. ... Dispute resolution processes. ... Data protection and processing conditions. ... Terms for future contracts.
A reseller agreement typically refers to an arrangement between someone supplying goods (often known as the wholesaler) and another party selling the goods to a third party or the general public (the reseller). Under a reseller agreement, the reseller agrees to sell the products on behalf of the wholesaler.
A software reseller agreement is a legal agreement that outlines the rights and responsibilities between an owner of the software, publisher, person, or business or a reseller that wants the rights to sell or license the software to a third party.
The key differences between the two are: Relationship with the Parent Company - A reseller may be treated as a one-time customer without any type of contract (even if their purchases are in bulk, and happen frequently), while a channel partner maintains a more structured, ongoing relationship.
While both are valuable, their links to your business differ. Reseller partners are treated as business owners, while referral partners can be business owners or customers. Resellers need capital to buy products and services from the business, but referral partners don't.
The legally binding agreement outlines the respective responsibilities of each party, including product pricing, quantity limits, and sales strategies. It also sets limits on how much control each party has over marketing activities related to the product and sales process.
What is the Difference Between Resellers and Channel Partners? Resellers are those who purchase services and products from an existing business. After that, they resell those products and services to end-users instead of profits. On the other hand, channel partners build alliances with businesses.