A New Mexico Value Added Reseller (VAR) Agreement is a legal contract between a manufacturer or software company (referred to as the "Vendor") and a reseller (referred to as the "Value Added Reseller" or VAR) in the state of New Mexico. This agreement outlines the terms and conditions under which the VAR can sell, distribute, and market the Vendor's products or services. Keywords: New Mexico, Value Added Reseller Agreement, VAR, manufacturer, software company, reseller, terms and conditions, sell, distribute, market, products, services. There may be different types of New Mexico Value Added Reseller Agreements, depending on various factors such as the nature of the products or services being resold, the level of support or customization provided by the VAR, and the specific business relationship between the Vendor and VAR. Some common types of these agreements include: 1. Traditional Reseller Agreement: This type of VAR Agreement allows the VAR to purchase the Vendor's products at a discounted price and resell them to end customers without modifying or adding significant value to the product. 2. Exclusive VAR Agreement: In this type of agreement, the Vendor grants exclusive rights to a specific VAR to resell their products within a certain geographic area or industry sector. This gives the VAR a competitive advantage by eliminating competition from other resellers in the same territory or market. 3. Managed Services VAR Agreement: This agreement focuses on the provision of managed services by the VAR, where they not only resell the Vendor's products but also offer ongoing maintenance, support, and customization services to the end customers. The VAR adds value by managing and maintaining the products for the customers. 4. OEM VAR Agreement: In an Original Equipment Manufacturer (OEM) VAR Agreement, the VAR integrates the Vendor's products into its own products or services and sells them as a bundled offering. This allows the VAR to deliver a complete solution to the customers while leveraging the Vendor's technology or software. Overall, a New Mexico Value Added Reseller Agreement is a crucial legal document that defines the relationship and responsibilities between a Vendor and VAR. It establishes the terms of cooperation, pricing and payment details, intellectual property rights, warranties, dispute resolution mechanisms, and other relevant provisions to ensure a mutually beneficial business partnership.
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.