A Delaware Value Added Reseller Agreement is a legally binding contract between a value added reseller (VAR) and a manufacturer or distributor located in Delaware. This agreement establishes the terms and conditions under which the VAR will sell, market, and distribute the manufacturer's products or services. The Delaware Value Added Reseller Agreement typically defines the roles and responsibilities of both parties involved. It specifies the scope of the products or services being resold and the territories or markets in which the VAR is authorized to operate. Additionally, the agreement may outline pricing, payment terms, and any specific performance or sales targets that the VAR needs to meet. There can be different types of Delaware Value Added Reseller Agreements, depending on the specific nature of the business relationship. Some common types include: 1. Exclusive Value Added Reseller Agreement: This agreement grants the VAR exclusive rights to sell the manufacturer's products or services within a specific territory or market segment. The manufacturer agrees not to appoint any other Vars or sell directly to customers within the exclusive territory. 2. Non-Exclusive Value Added Reseller Agreement: This type of agreement allows multiple Vars to sell the manufacturer's products or services within a particular territory or market segment. The Vars may face competition from each other and the manufacturer's direct sales team. 3. Limited Value Added Reseller Agreement: In a limited agreement, the VAR is restricted to selling only a specific product line or a subset of the manufacturer's offerings. This type of agreement is often used when the manufacturer has a wide range of products and wants to assign different Vars for specialized lines. 4. International Value Added Reseller Agreement: If the manufacturer intends to sell its products or services in international markets, they may enter into an agreement with a VAR located in Delaware to act as their international distributor. This type of agreement typically includes additional provisions related to import/export regulations, currency exchange rates, and international shipping logistics. When drafting a Delaware Value Added Reseller Agreement, it is essential to consult with legal professionals experienced in contract law to ensure that all relevant clauses and terms are included and to adhere to Delaware state laws and regulations.