Virginia Value Added Reseller Agreement

State:
Multi-State
Control #:
US-13133BG
Format:
Word; 
Rich Text
Instant download

Description

Legal contract between a manufacturer & a value-added reseller that specifies the rights & obligations of both parties. VAR purchases product from manufacturer, adds value to product then resells as its own.
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FAQ

added reseller (VAR) is an organization that is usually part of a sales channel for an original equipment manufacturer (OEM).

added reseller is a company that enhances another company's products by adding valuable features or services to those products. Because they have added value to thirdparty products, valueadded resellers can then resell those products at a higher price.

Examples of common value-added resellers (also known as VARs) are computer retailers and service companies, automobile dealerships, and furniture stores.

added reseller (VAR) is a company that adds features or services to an existing product, then resells it (usually to endusers) as an integrated product or complete "turnkey" solution.

Key Factors for Choosing the Right VAR PartnerDefine Your Goals & VAR Expectations.Size, Scope, Years in Business, & Reputation.Quality References.Demonstrated Experience/Certifications.Superior Service Delivery.

What Does Value Added Reseller (VAR) Mean? A value added reseller (VAR) is an independent business or vendor employed to enhance original equipment manufacturer (OEM) product. VARs purchase OEM product to provide turnkey and/or customized solutions to end users.

Every Premier League fixture has a Video Assistant Referee (VAR), a qualified referee who watches the match via a number of screens and can view slow-motion replays, enabling them to advise the on-field referee.

A reseller is generally less closely associated with the manufacturer, and sometimes does not have a direct relationship with the manufacturer as it generally buys products from distributors. Resellers usually do not keep inventory of product or provide after-sale services.

added reseller enhances the value of other companies' products by adding customized products or services to the core product for resale to endusers. added reseller can increase repeat business through the added value they provide.

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.

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Virginia Value Added Reseller Agreement