The Vermont Nonexclusive International Software Value Added Reseller Agreement is a legally binding contract between a software manufacturer or developer (the "licensor") and a third-party company (the "reseller") located in Vermont or operating in an international market. This agreement allows the reseller to distribute, market, and sell the licensor's software products to customers, while adding value to these products through services such as training, implementation, customization, and support. Keywords: 1. Vermont Nonexclusive International Software Value Added Reseller Agreement 2. Software manufacturer 3. Developer 4. Third-party company 5. Reseller 6. Distribute 7. Market 8. Sell 9. Software products 10. Value-added services 11. Training 12. Implementation 13. Customization 14. Support In addition to the general Vermont Nonexclusive International Software Value Added Reseller Agreement, there might be different variations or types based on specific conditions or requirements: 1. Exclusivity Agreement: In this type of agreement, the reseller is granted exclusive rights to sell the licensor's software products within a specific geographical region or market segment, preventing other resellers from accessing the same products in that area. 2. Vertical Market Agreement: This agreement focuses on allowing the reseller to sell the licensor's software products exclusively within a specific industry or vertical market, targeting customers with industry-specific needs and requirements. 3. OEM (Original Equipment Manufacturer) Agreement: This agreement enables the reseller to incorporate the licensor's software products into their own hardware devices, creating a bundled offering that includes both the reseller's hardware and the licensor's software. 4. White Label Agreement: In this type of agreement, the licensor allows the reseller to rebrand the software products as their own and sell them under their own brand name, thereby creating a sense of ownership and customization for the reseller. 5. Revenue Sharing Agreement: This agreement outlines the percentage of revenue that the reseller will receive for each software product sold. It defines the terms and conditions of revenue distribution between the licensor and the reseller, typically based on agreed-upon thresholds or sales targets. 6. Territory-Specific Agreement: In situations where the licensor wishes to divide market territories and allocate specific resellers to each region, a territory-specific agreement is used. This ensures each reseller operates within their assigned geographic area, reducing competition and allowing for efficient market coverage. Overall, the Vermont Nonexclusive International Software Value Added Reseller Agreement serves as a crucial legal framework that sets out the rights, responsibilities, and limitations for both the licensor and the reseller, ensuring a mutually beneficial partnership in software distribution and value-added services.
Vermont Nonexclusive International Software Value Added Reseller Agreement
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How to fill out Vermont Nonexclusive International Software Value Added Reseller Agreement?
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Examples of common value-added resellers (also known as VARs) are computer retailers and service companies, automobile dealerships, and furniture stores.
A VAR, or value-added reseller, is a business entity that adds features or services to an existing third-party product and then resells the same as an integrated customized product to the end-user or consumer.
A reseller is a type of channel partner that acts as an intermediary between companies that make, distribute or provide IT products or services and end customers, which may be businesses or consumers.
What to Include In A Distributorship Agreement?Exclusive Distributor.Terms And Conditions Of Sale.Pricing.Term Of The Agreement.Marketing rights.Trademark licensing.The geographical territory covered by the agreement.Performance.More items...
A reseller agreement is an arrangement between the supplier and the reseller of goods or services that is ultimately sold to the end customer. The supplier in discussion can be a manufacturer or a wholesaler; the reseller on the other hand sells the solution to the end customer on behalf of the supplier.
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...
Value-added resellers are businesses that sell products manufactured by other companies in addition to selling their own supplemental products and services, thereby increasing the value of the resold product purchased by the consumer.
A SaaS reseller agreement involves a software services provider, known as the vendor, granting another business, the reseller, the rights to enter into a contract with a third party (customer) as the principal for providing the vendor's services to the third party.
added reseller is a firm that enhances the value of thirdparty products by adding customized products or services for resale to endusers.
exclusive product reseller agreement between a supplier and a reseller, drafted in the supplier's favour. This Standard Document includes key obligations of both parties, the supplier's intellectual property (IP) rights and commonly used warranty and indemnification provisions.