Maine International Value Added Reseller Agreement is a legally binding contract between Maine International, a global company, and a value-added reseller (VAR) located outside of Maine's headquarters. This agreement outlines the terms and conditions under which the VAR can promote, sell, and distribute Maine International's products or services in a specific geographic region or market. This reseller agreement serves as a crucial business collaboration tool, allowing Maine International to expand its market reach and increase sales by leveraging the VAR's local knowledge, customer base, and distribution channels. In return, the VAR gains access to Maine International's cutting-edge products or services, gaining a competitive edge in their market and enhancing their revenue stream. Key terms typically covered in the Maine International Value Added Reseller Agreement include: 1. Scope of the agreement: This clarifies the specific products or services covered and the geographic region or market in which the VAR can operate. 2. Intellectual property rights: Specifies the ownership of trademarks, patents, copyrights, and any other intellectual property associated with Maine International's products or services. 3. Pricing and payment terms: This section describes the payment structure, including any discounts, commissions, or royalties the VAR is entitled to and the payment schedule. 4. Training and support: Outlines the training programs and support resources Maine International will provide to the VAR to ensure they have the necessary expertise to effectively sell and support the products or services. 5. Marketing and advertising: Covers the marketing activities and expenditures, both by Maine International and the VAR, to promote the products or services to end customers. 6. Term and termination: Encompasses the duration of the agreement and the conditions under which either party can terminate the agreement, such as a breach of obligations, financial issues, or changes in business strategies. Maine International offers different types of Value Added Reseller Agreements tailored to accommodate various business models and markets. Some common types include Exclusive VAR Agreement, Non-exclusive VAR Agreement, and Project-specific VAR Agreement. 1. Exclusive VAR Agreement: This agreement grants the VAR exclusivity within a defined market or territory, prohibiting Maine International from appointing other resellers in the same area. This type of agreement often requires the VAR to meet certain sales targets to maintain exclusivity. 2. Non-exclusive VAR Agreement: In contrast to the exclusive agreement, this allows Maine International to appoint multiple resellers in the same market or territory, fostering competition among resellers. The VAR benefits from flexibility and lower sales targets. 3. Project-specific VAR Agreement: This variant focuses on a specific project or product line, allowing the VAR to promote and sell specific offerings within their market, typically for a limited duration. In summary, the Maine International Value Added Reseller Agreement is a contractual agreement that allows Maine International to expand its reach through collaboration with value-added resellers in various global markets. The agreement outlines the rights, responsibilities, and obligations of both parties for mutual benefit and growth.
Maine International Value Added Reseller Agreement
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How to fill out Maine International Value Added Reseller Agreement?
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Examples of common value-added resellers (also known as VARs) are computer retailers and service companies, automobile dealerships, and furniture stores.
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.
exclusive product reseller agreement between a supplier and a reseller, drafted in the supplier's favour. This Standard Document includes key obligations of both parties, the supplier's intellectual property (IP) rights and commonly used warranty and indemnification provisions.
A VAR, or value-added reseller, is a business entity that adds features or services to an existing third-party product and then resells the same as an integrated customized product to the end-user or consumer.
A reseller agreement is an arrangement between the supplier and the reseller of goods or services that is ultimately sold to the end customer. The supplier in discussion can be a manufacturer or a wholesaler; the reseller on the other hand sells the solution to the end customer on behalf of the supplier.
What to Include In A Distributorship Agreement?Exclusive Distributor.Terms And Conditions Of Sale.Pricing.Term Of The Agreement.Marketing rights.Trademark licensing.The geographical territory covered by the agreement.Performance.More items...
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...
added reseller is a firm that enhances the value of thirdparty products by adding customized products or services for resale to endusers.
A reseller agreement (also known as a reseller contract or resale contract) is a type of agreement where a party authorizes another party to sell its products and services to third parties or end-users.
A reseller is a type of channel partner that acts as an intermediary between companies that make, distribute or provide IT products or services and end customers, which may be businesses or consumers.