International Value Added Reseller Agreement
What this document covers
The International Value Added Reseller Agreement is a legal document that outlines the terms and conditions between a Value Added Reseller (VAR) and a software developer. It grants the VAR the right to market and distribute the developer's software in specific territories, establishing guidelines for royalty payments, ownership rights, and intellectual property protections. This agreement is particularly relevant in the computer, internet, and software industries, differentiating it from other reseller agreements by its focus on international operations and value-added services.
Form components explained
- License Rights: Details the non-exclusive license granted to VAR for marketing software.
- Price, Payment, and Shipment: Outlines billing practices, payment terms, and shipment responsibilities.
- Ownership and Proprietary Rights: Defines the owner's intellectual property rights concerning the software.
- Indemnification: Specifies the liability and defense responsibilities between the VAR and developer.
- Terms of Termination: Describes conditions under which either party can terminate the agreement.
Situations where this form applies
This agreement is used when a software developer seeks to collaborate with a value added reseller who will enhance the software with additional features or services, and market it in specific territories. It is essential for establishing a framework of responsibilities and expectations, including pricing, intellectual property rights, and liability, particularly when entering international markets.
Who should use this form
This form is intended for:
- Software developers looking to expand their products through resellers.
- Value Added Resellers intending to offer enhanced products to their customers.
- Companies operating in the computer, internet, or software industries seeking to establish formal business relationships internationally.
How to complete this form
- Identify the parties involved in the agreement, including the VAR and developer's details.
- Specify the effective date of the agreement and duration terms.
- Detail the license rights and limitations concerning the software.
- Outline pricing, payment terms, and shipment logistics.
- Include provisions for ownership rights and proprietary protections.
- Sign and date the agreement by authorized representatives of both parties.
Notarization requirements for this form
Notarization is not commonly needed for this form. However, certain documents or local rules may make it necessary. Our notarization service, powered by Notarize, allows you to finalize it securely online anytime, day or night.
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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.
Avoid these common issues
- Failing to clearly define the territory for sales and marketing.
- Overlooking payment terms and conditions, potentially leading to disputes.
- Not specifying the scope of the license rights, which can create confusion.
- Neglecting to address termination conditions and obligations upon termination.
Benefits of using this form online
- Convenient download and customization options tailored to your business model.
- Access to templates reviewed by licensed attorneys, ensuring legal compliance.
- Ease of editing and updating as your business needs change, without the need for professional legal assistance.
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FAQ
Generally, it's not illegal to resell an item that you have legitimately purchased. Once you have purchased something at retail it is yours to do with as you choose.If you're using manufacturers' logos to advertise the products you're reselling, you need their permission.
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 value-added reseller (VAR) is a company that adds features or services to an existing product, then resells it (usually to end-users) as an integrated product or complete "turn-key" solution.VARs incorporate platform software into their own software product packages.
Most resellers are retail organizations. These include grocery stores, department stores and specialty stores, such as home improvement or pet supply stores. There are many different types of retailers, from Wal-Mart to Macy's to the boutique on Main Street.
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 distributor usually buys directly from the manufacturer, holds inventory of the product, provides after-sale services, and resells the product to resellers and sometimes directly to end users.Resellers generally only sell to end users or wholesalers.
Be Honest. Honesty is always the best policy when you're trying to run any business. Be Professional. If you're planning on reselling items entirely online, then expect the unexpected. Buy Low. Remain Detached. Don't Cheat Yourself.
A value-added reseller (VAR) is an organization that is usually part of a sales channel for an original equipment manufacturer (OEM).
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 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).