North Carolina Non-Exclusive Software Reseller Agreement
Description
How to fill out Non-Exclusive Software Reseller Agreement?
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FAQ
A resale agreement is a legal contract that is typically used between two businesses where one business decides to resell the products or services of the other business to its client base.
A software reseller agreement is a legal agreement outlining the rights and responsibilities between the owner of software (the publisher) and a person or business wanting the right to sell or license the software to third parties (the reseller).
Under this agreement, the supplier grants to the distributor the right to distribute products in a particular marketplace. The grant is non-exclusive as the supplier may appoint others to distribute the products in the same marketplace, and may indeed itself act as a distributor within that marketplace.
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...
The difference between exclusive and non-exclusive agreement refers to how vendors and partners work with each other. Exclusive agreements exclude competitors for a set period of time, while non-exclusive agreements allow for competitors, often as motivating tools.
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.
The crucial terms the agreement should cover include:Provider and reseller rights and obligations.Intellectual property ownership.The type of agreementexclusive or non-exclusive.Payment terms and renewals.Applicable laws.Software updates and maintenance.Performance requirements for exclusive agreements.More items...?
Exclusive agreements limit a party's ability to work with another, meaning that the exclusive party offers services or products not provided elsewhere. Non-exclusive indicates that the non-exclusive party can work with anyone, including employees, competing products, and customers.
Not belonging to a particular individual or groupa nonexclusive deal.
Definition. When you license one of your songs through a non-exclusive agreement, this is what happens: You are the licensor. You give the licensee (e.g. a production music library) the right to offer your song to a third-party. The third-party can purchase the right to use your song.