A Minnesota Nonexclusive International Software Value Added Reseller Agreement is a legal contract between a software manufacturer (the Vendor) and a reseller (the Reseller) located in Minnesota. This agreement defines the terms and conditions under which the reseller can market, promote, and sell the Vendor's software products within international markets. This type of agreement grants the reseller nonexclusive rights to distribute the Vendor's software products, meaning that the Vendor can enter into similar agreements with other resellers. The agreement typically outlines the responsibilities and obligations of both parties, and the specific terms related to territory, intellectual property rights, pricing, payment terms, warranties, and termination clauses. Keywords: Minnesota, nonexclusive, international, software, value-added reseller agreement, contract, software manufacturer, reseller, marketing, promotion, distribute, territory, intellectual property rights, pricing, payment terms, warranties, termination. Different types of Minnesota Nonexclusive International Software Value Added Reseller Agreements can include: 1. Exclusive Territory Agreement: In this type of agreement, the Vendor grants the reseller exclusive rights to distribute their software products within a specific geographical territory in Minnesota. This prevents the Vendor from entering into agreements with other resellers in the same territory. 2. Vertical Market Agreement: This agreement focuses on specific vertical markets, such as healthcare or finance, where the reseller has expertise. The Vendor provides the reseller with the rights to sell their software products exclusively within that particular market segment, targeting specific customers. 3. Revenue Sharing Agreement: In this type of agreement, the reseller receives a portion of the revenue generated from the sales of the Vendor's software products. This can be in the form of a commission or a percentage share of the profits, incentivizing the reseller to actively promote and sell the software. 4. Sub-Reseller Agreement: This agreement allows the reseller to appoint sub-resellers, who can also market and sell the Vendor's software products. The reseller takes on the responsibility of managing the sub-resellers, ensuring they adhere to the terms and conditions of the agreement. Overall, a Minnesota Nonexclusive International Software Value Added Reseller Agreement provides a legal framework for the business relationship between the software Vendor and reseller, allowing them to collaborate effectively in the global software market.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.