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A VAR agreement is a legal contract between a manufacturer and a value-added reseller that specifies the rights and obligations of both parties. A VAR purchases a product from a manufacturer, adds value to that product in some way and then resells the product as its own.
A Value Added Reseller, or VAR, is similar to a reseller, except that it will package your product with others to add value. Instead of reselling your program as a standalone product, a VAR will combine your program with certain other complementary products.
There are some general sections and information that any reseller agreement should contain:Agreement and effective dates.Names and relationships of parties.Appointment of reseller.Purchase orders.Accepting, modifying, rejecting, and canceling purchase orders.More items...
A reseller agreement (also known as a reseller contract or resale contract) is a type of agreement where a party authorizes another party to sell its products and services to third parties or end-users.
The crucial terms the agreement should cover include:Provider and reseller rights and obligations.Intellectual property ownership.The type of agreementexclusive or non-exclusive.Payment terms and renewals.Applicable laws.Software updates and maintenance.Performance requirements for exclusive agreements.More items...?
added reseller is a firm that enhances the value of thirdparty products by adding customized products or services for resale to endusers.
Examples of common value-added resellers (also known as VARs) are computer retailers and service companies, automobile dealerships, and furniture stores.
A software reseller agreement is a legal agreement outlining the rights and responsibilities between the owner of software (the publisher) and a person or business wanting the right to sell or license the software to third parties (the reseller).
Entering into a Reseller Agreement can benefit your business in a number of ways. For example, engaging a reseller allows you to sell more products, increase your business' brand awareness and target new markets without having to physically expand your business.
The VAR is to provide technical support to end users for the integrated product, including the licensor software component. The parties should modify this agreement if the parties agree to different support obligations. The VAR may not sell the integrated products to a government entity.