Guam International Value Added Reseller Agreement, also known as RIVERA, is a contractual agreement entered into between a technology product or service provider and a reseller in Guam. This agreement grants the reseller the right to market, distribute, and sell the provider's products or services within Guam, with value-added services. RIVERA encompasses a range of terms and conditions that outline the rights and responsibilities of both the provider and the reseller. It defines the scope of the reseller's authority, territories covered, pricing structures, payment terms, marketing obligations, support and training provisions, intellectual property rights, and termination clauses. There may be different types of Guam International Value Added Reseller Agreements tailored to the specific needs and circumstances of the parties involved. Here are a few examples: 1. Exclusive RIVERA: This agreement grants exclusive rights to a single reseller within Guam. The reseller becomes the sole entity authorized to distribute and sell the provider's products or services, thereby limiting competition among resellers. 2. Non-Exclusive RIVERA: In this type of agreement, the provider enters into partnerships with multiple resellers in Guam. Each reseller has the permission to market and sell the provider's offerings, allowing for broader market coverage and potentially increased sales. 3. Territory-Specific RIVERA: Some RIVERA agreements may be limited to specific territories within Guam. This could be beneficial when the provider wants to focus on certain regions or sectors and assigns different resellers to each area. 4. Product-Specific RIVERA: This agreement outlines the rights and obligations of the reseller for a specific product or service offered by the provider. It may involve unique marketing strategies, additional training requirements, or specialized technical support to ensure the reseller's effective promotion and distribution. In summary, Guam International Value Added Reseller Agreement (RIVERA) is a comprehensive contract that establishes the relationship between a technology provider and reseller in Guam. It defines the terms of their collaboration, such as distribution rights, marketing obligations, and support requirements. Different types of RIVERA can be implemented, including exclusive or non-exclusive agreements, territory-specific agreements, and product-specific agreements.
Guam International Value Added Reseller Agreement
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How to fill out Guam International Value Added Reseller Agreement?
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FAQ
added reseller is a company that enhances another company's products by adding valuable features or services to those products. Because they have added value to thirdparty products, valueadded resellers can then resell those products at a higher price.
The VAR is to provide technical support to end users for the integrated product, including the licensor software component. The parties should modify this agreement if the parties agree to different support obligations. The VAR may not sell the integrated products to a government entity.
added reseller (VAR) is an organization that is usually part of a sales channel for an original equipment manufacturer (OEM).
added reseller enhances the value of other companies' products by adding customized products or services to the core product for resale to endusers. added reseller can increase repeat business through the added value they provide.
A reseller agreement can mean something different depending on who you ask. Typically, these are agreements where a vendor contracts with a reseller to allow them to sell the vendor's product or services to a third-party. There is the potential for misunderstandings if the wrong terms are included in the agreement.
Every Premier League fixture has a Video Assistant Referee (VAR), a qualified referee who watches the match via a number of screens and can view slow-motion replays, enabling them to advise the on-field referee.
Value-added reseller firms may work in a distribution model that in one-tier and the VAR directly purchases the product from the vendor . However, small VAR in particular may find that some vendors will only sell to them through a two-tier distribution model that involves them purchasing the product from a distributor.
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.
There are some general sections and information that any reseller agreement should contain:Agreement and effective dates.Names and relationships of parties.Appointment of reseller.Purchase orders.Accepting, modifying, rejecting, and canceling purchase orders.More items...