Any porduct or action that helps you raise the value of your products or business or something you can add to product that enable you to increase your profit margin. A value added reseller is a company that adds features or services to an existing product
The New Hampshire International Value Added Reseller Agreement is a comprehensive contractual agreement established between an international company and a reseller located in New Hampshire, which outlines the terms and conditions for the sale and distribution of products or services. This agreement is beneficial for businesses looking to expand their market reach and establish a local presence in New Hampshire through the collaboration of a value added reseller (VAR). The VAR acts as an intermediary between the international company and its customers, providing value-added services such as technical support, customization, training, and marketing. The New Hampshire International Value Added Reseller Agreement includes several essential components to ensure a successful partnership. These components may vary slightly based on the specific agreement, but generally consist of the following: 1. Parties: Clearly specifies the names and contact details of the international company and the VAR, establishing legal entities involved in the agreement. 2. Term: Defines the duration of the agreement, including the start and end dates, along with provisions for renewal or termination. 3. Territory: Identifies the geographical area in which the VAR is authorized to sell and distribute the products or services, typically limited to New Hampshire or specified regions within the state. 4. Intellectual Property: Addresses intellectual property rights, trademarks, copyrights, patents, and any associated usage permissions granted to the VAR. 5. Product/Service Description: Provides a comprehensive description of the products or services being sold, including specifications, features, pricing, and any additional terms specific to the VAR's offering. 6. Sales and Distribution Obligations: Outlines the VAR's responsibilities regarding marketing, promotion, sales targets, customer support, and logistics. It may also include exclusivity or non-compete clauses within the territory. 7. Pricing and Payment Terms: Specifies the pricing structure, payment terms, commission rates, and any related financial details agreed upon between the parties. 8. Technical Support and Training: Defines the level of technical assistance and training that the international company will provide to the VAR to ensure effective distribution and customer support. 9. Confidentiality: Enforces confidentiality obligations to protect sensitive information shared between the parties during the course of the agreement. 10. Dispute Resolution: Establishes a mechanism for resolving disputes or disagreements through negotiation, mediation, or arbitration. 11. Termination: Specifies conditions under which either party can terminate the agreement, along with the necessary notice periods and potential consequences. Different types of New Hampshire International Value Added Reseller Agreements might exist based on the nature of the products or services being offered, the duration of the agreement, and the specific terms negotiated between the international company and the VAR. For example, there can be software VAR agreements, hardware VAR agreements, service-based VAR agreements, or industry-specific VAR agreements tailored to sectors such as healthcare, technology, or manufacturing.
The New Hampshire International Value Added Reseller Agreement is a comprehensive contractual agreement established between an international company and a reseller located in New Hampshire, which outlines the terms and conditions for the sale and distribution of products or services. This agreement is beneficial for businesses looking to expand their market reach and establish a local presence in New Hampshire through the collaboration of a value added reseller (VAR). The VAR acts as an intermediary between the international company and its customers, providing value-added services such as technical support, customization, training, and marketing. The New Hampshire International Value Added Reseller Agreement includes several essential components to ensure a successful partnership. These components may vary slightly based on the specific agreement, but generally consist of the following: 1. Parties: Clearly specifies the names and contact details of the international company and the VAR, establishing legal entities involved in the agreement. 2. Term: Defines the duration of the agreement, including the start and end dates, along with provisions for renewal or termination. 3. Territory: Identifies the geographical area in which the VAR is authorized to sell and distribute the products or services, typically limited to New Hampshire or specified regions within the state. 4. Intellectual Property: Addresses intellectual property rights, trademarks, copyrights, patents, and any associated usage permissions granted to the VAR. 5. Product/Service Description: Provides a comprehensive description of the products or services being sold, including specifications, features, pricing, and any additional terms specific to the VAR's offering. 6. Sales and Distribution Obligations: Outlines the VAR's responsibilities regarding marketing, promotion, sales targets, customer support, and logistics. It may also include exclusivity or non-compete clauses within the territory. 7. Pricing and Payment Terms: Specifies the pricing structure, payment terms, commission rates, and any related financial details agreed upon between the parties. 8. Technical Support and Training: Defines the level of technical assistance and training that the international company will provide to the VAR to ensure effective distribution and customer support. 9. Confidentiality: Enforces confidentiality obligations to protect sensitive information shared between the parties during the course of the agreement. 10. Dispute Resolution: Establishes a mechanism for resolving disputes or disagreements through negotiation, mediation, or arbitration. 11. Termination: Specifies conditions under which either party can terminate the agreement, along with the necessary notice periods and potential consequences. Different types of New Hampshire International Value Added Reseller Agreements might exist based on the nature of the products or services being offered, the duration of the agreement, and the specific terms negotiated between the international company and the VAR. For example, there can be software VAR agreements, hardware VAR agreements, service-based VAR agreements, or industry-specific VAR agreements tailored to sectors such as healthcare, technology, or manufacturing.