Value Added Reseller Agreement
About this form
The Value Added Reseller Agreement is a legal contract between a manufacturer (the Developer) and a value-added reseller (VAR). This agreement defines the rights and obligations of both parties regarding the purchase of a product by the VAR, who then enhances its value before reselling it. Unlike other sales agreements, this document specifically addresses the unique relationship between the Developer and VAR in the context of value-added services and products.
Form components explained
- Nonexclusive appointment of the VAR as a reseller of the Developer's products.
- Pricing, terms, and discounts related to the products sold by the VAR.
- Procedures for ordering, delivery, and acceptance of the products.
- Licensing provisions that detail how VAR can use and sublicense the Developer's products.
- Confidentiality obligations to protect proprietary information exchanged between the parties.
- Term and termination clauses outlining the duration of the agreement and conditions for ending it.
When to use this form
This form is used when a business (VAR) intends to purchase software or technology products from a manufacturer (Developer) to enhance and resell them. It's suitable for when the VAR wants to clarify the terms of engagement, ensure legal protections, and outline roles in the marketing and sale of the products. This agreement is ideal for firms that aim to add value to existing products through integration or additional features before selling to end-users.
Who needs this form
- Businesses acting as value-added resellers for software or technology products.
- Manufacturers seeking to formalize their relationship with resellers.
- Companies in the technology sector that intend to enhance existing products for sale.
How to complete this form
- Identify the parties involved: Fill in the names and addresses of the VAR and Developer.
- Specify the products: List the products being licensed and sold in Exhibit A.
- Define the territory: Indicate the territory where the VAR will operate as specified in Exhibit B.
- Set the pricing terms: Complete the sections on pricing, discounts, and invoicing schedules.
- Include necessary dates: Fill in relevant dates, including the agreement start date and duration.
Notarization guidance
This form does not typically require notarization unless specified by local law. However, it is advisable to check with a legal expert for specific requirements based on the jurisdiction where the businesses operate.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Typical mistakes to avoid
- Failing to specify the products and territory accurately in the agreement.
- Neglecting to define clear terms for pricing and discounts, leading to confusion later.
- Overlooking confidentiality clauses when sharing sensitive information.
- Not addressing termination conditions which can lead to disputes.
Benefits of completing this form online
- Easy access and quick downloads to initiate agreements without delay.
- Editable templates allow customization to fit specific business needs.
- Legal compliance is ensured by templates drafted by licensed attorneys.
Legal use & context
- This agreement is legally binding and will be enforceable in accordance with its terms.
- It's critical to have clear terms to prevent disputes regarding obligations and rights.
- Parties should maintain compliance with state and federal laws throughout the agreement period.
What to keep in mind
- The Value Added Reseller Agreement is essential for establishing a clear legal framework between the VAR and Developer.
- Properly completing the agreement helps mitigate risks and sets expectations for both parties.
- Consulting legal professionals is recommended to tailor the agreement to specific needs and jurisdictions.
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FAQ
A value-added reseller (VAR) is an organization that is usually part of a sales channel for an original equipment manufacturer (OEM).
A value-added reseller enhances the value of other companies' products by adding customized products or services to the core product for resale to end-users. A value-added reseller can increase repeat business through the added value they provide.
A reseller is a company or individual (merchant) that purchases goods or services with the intention of selling them rather than consuming or using them. This is usually done for profit (but could be resold at a loss).
A value-added reseller (VAR) is an organization that is usually part of a sales channel for an original equipment manufacturer (OEM).For these services, the VAR adds a markup to the final sale price of the product.
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SAP Partners (VAR, ISV, Hosting, etc.) are service companies with certified expertise in SAP Solution Manager to provide support services to SAP customers or to host/manage their SAP Solution Manager.
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.
The purpose of resellers and why companies use them A key reseller role has been order fulfillment: The customer goes to a reseller to simplify the ordering process and offload procurement and order processing tasks. Working with a reseller can also streamline product sourcing.
