Value Added Reseller Agreement
About this form
The Value Added Reseller Agreement is a legal document used primarily in the computer, internet, and software industries. It establishes the relationship between a Value Added Licensor and a Value Added Licensee, permitting the licensee to market and relicense the licensor's software programs as part of their own products. This agreement ensures that both parties understand their rights and responsibilities, differentiating it from basic licensing agreements by focusing on added value through integration with additional products or services.
What’s included in this form
- Parties involved: Identification of the licensor and licensee.
- License grant: Details the nonexclusive and nontransferable rights granted to the VAR.
- Payment terms: Specifies pricing, payment schedules, and shipment responsibilities.
- Proprietary rights: Clarifies ownership of intellectual property and restrictions on use.
- Termination conditions: Outlines under what circumstances the agreement can be ended.
When to use this document
This form is needed when a business wants to resell software products in conjunction with other services or products. For instance, if your company develops custom software solutions and wants to include third-party software as part of your offerings, this agreement defines the terms of use and distribution. It is also appropriate when you wish to protect your rights and the licensor's rights while marketing these software products.
Who can use this document
- Businesses acting as Value Added Resellers (VARs) in the software and technology sector.
- Licensors who wish to grant rights to VARs for marketing their software products.
- Companies looking to integrate third-party software into their own products while ensuring legal protection.
Completing this form step by step
- Identify the parties: Fill out the names and addresses of the licensor and the licensee.
- Specify the effective date: Enter the date on which the agreement will take effect.
- Detail the programs and boards: List the software and hardware to be included as per the agreement.
- Set payment terms: Indicate any payment schedules and responsibilities related to shipping and taxes.
- Review and sign: Ensure all parties sign and date the agreement for validity.
Is notarization required?
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.
Common mistakes
- Failing to clearly identify all parties involved in the agreement.
- Neglecting to specify all products and territories covered by the agreement.
- Overlooking payment terms, which can lead to misunderstandings and disputes.
Benefits of completing this form online
- Immediate access: Downloadable format allows for instant use.
- Editability: Customize the agreement to fit specific business needs.
- Reliability: Templates drafted by licensed attorneys ensure legal compliance.
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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.
Perform and transform your business. The award-winning Cisco Channel Partner Program offers our value-added resellers (VARs) solutions, training, tools, and support to help accelerate profitability and grow their businesses with Cisco.
Agreement and effective dates. Names and relationships of parties. Appointment of reseller. Purchase orders. Accepting, modifying, rejecting, and canceling purchase orders.
Communication, training and reports; pricing; intellectual property licenses; delivery; and. bundling and selling other IT products.
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.
