Illinois Value Added Reseller Support Agreement (VAR Agreement) is a legally binding contract signed between a value-added reseller (VAR) and a manufacturer or vendor in the state of Illinois. This agreement outlines the terms and conditions of the vendor's support and assistance provided to the VAR in relation to the resale of the vendor's products or services. The Illinois VAR Agreement typically includes key provisions such as: 1. Scope of Agreement: It defines the specific products or services covered by the agreement. 2. Reseller Obligations: This section outlines the VAR's responsibilities, such as marketing, promotion, and sales of the vendor's products, and maintaining product knowledge and expertise. 3. Support and Training: The vendor specifies the support and training provided to the VAR, including technical assistance, product training, and troubleshooting resources. 4. Pricing and Discounts: The agreement outlines the pricing structure, wholesale discounts, and any special pricing programs available to the VAR. 5. Intellectual Property Rights: It clarifies the ownership and usage rights of the vendor's intellectual property, trademarks, and copyrights related to the products or services. 6. Marketing and Branding: This section outlines guidelines and restrictions for the VAR's use of the vendor's branding, trademarks, and marketing materials. 7. Terms and Termination: The agreement specifies the duration of the VAR relationship and conditions under which either party can terminate the agreement. 8. Confidentiality: It includes provisions safeguarding proprietary and sensitive information exchanged between the parties, including customer data. 9. Dispute Resolution: The agreement may include a process for resolving any disputes that may arise between the vendor and VAR. Types of Illinois Value Added Reseller Support Agreements: 1. Hardware VAR Agreement: This type of agreement focuses on the distribution and resale of computer hardware products, such as servers, networking equipment, or storage devices. 2. Software VAR Agreement: This agreement relates to the resale and support of software applications, licenses, or solutions developed by the vendor. 3. Service VAR Agreement: Service-focused VAR agreements are commonly used when the vendor offers consulting, implementation, or maintenance services along with their products. 4. Managed Services VAR Agreement: This type of agreement is specific to reselling managed services, such as cloud hosting, cybersecurity, or IT infrastructure management. 5. Telecommunications VAR Agreement: This agreement covers the reselling of telecommunications services, including voice and data communication solutions. In summary, the Illinois Value Added Reseller Support Agreement outlines the terms and conditions governing the relationship between a vendor and a reseller, allowing them to collaborate effectively in marketing, selling, and supporting the vendor's products or services.
Illinois Value Added Reseller Support Agreement
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How to fill out Value Added Reseller Support Agreement?
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Disadvantages of Value-Added Resellers A reseller also has little to no control over the quality or features of their product, and they must rely on their manufacturer to adjust to changing customer requirements.
Value-added resellers include technology service companies, auto dealerships and even furniture companies. Technology service companies often offer a range of value-added products or services, such as extended warranties, service contracts, supplemental hardware, software, and installation and setup services.
A VAR agreement is a governing law that increases the value of a product and enhances the customer experience by maximizing complementary aspects of both companies. A value-added reseller agreement delineates reseller rights and specifies the conditions required for performing (for either party).
Examples of common value-added resellers (also known as VARs) are computer retailers and service companies, automobile dealerships, and furniture stores.
added reseller (VAR) is a company that resells software, hardware and other products and services that provide value beyond the original order fulfillment. VARs package and customize thirdparty products in an effort to add value and resell them with additional offerings bundled in.
Simply put, the value-added reseller model works as follows: A VAR purchases products from a vendor for a predetermined price (typically lower than retail), then customizes and re-sells them to customers.
Key Factors for Choosing the Right VAR Partner Define Your Goals & VAR Expectations. ... Size, Scope, Years in Business, & Reputation. ... Quality References. ... Demonstrated Experience/Certifications. ... Superior Service Delivery.