A King's New York Value Added Reseller (VAR) Agreement is a contractual agreement between King's New York, a company that develops and sells products or services, and a Value Added Reseller (VAR). The VAR is a third-party company or individual that adds value to the products or services by offering additional services or customizations to meet the specific needs of the customers. The Kings New York VAR Agreement outlines the terms and conditions under which the VAR can resell the company's products or services. It establishes a legal relationship between the two parties and sets forth the rights and responsibilities of each party. The VAR Agreement typically includes provisions such as: 1. Resale rights: The agreement grants the VAR the right to resell King's New York products or services to customers. 2. Territory: The agreement may define the specific geographic area or market where the VAR can operate and sell the products or services. 3. Term and termination: The agreement specifies the duration of the partnership and the conditions under which either party can terminate the agreement. 4. Pricing and payment terms: The agreement may outline the pricing structure for the VAR's resale of the products or services and the payment terms between the parties. 5. Marketing and promotion: The agreement may include provisions related to marketing and promotional activities, such as co-branding, advertising, and materials usage. 6. Support and maintenance: The agreement may outline the support and maintenance services that King's New York will provide to the VAR and the customers. 7. Intellectual property rights: The agreement may address the ownership and usage rights of intellectual property related to the products or services. 8. Confidentiality: The agreement may require both parties to maintain the confidentiality of any proprietary or sensitive information exchanged during the partnership. 9. Performance metrics: The agreement may specify certain performance metrics or targets that the VAR needs to meet to maintain the partnership. 10. Dispute resolution: The agreement may include provisions for resolving any disputes or disagreements between the parties, such as mediation or arbitration. It's worth noting that there can be different types of King's New York VAR Agreements depending on the specific products or services offered, the industry, and the level of customization or value-added services provided by the VAR. These variations can include specialized agreements for software Vars, hardware Vars, consulting Vars, or managed services Vars, among others. Each type of VAR Agreement may have its own set of clauses and provisions tailored to the specific nature of the 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.