Oklahoma Value Added Reseller Agreement, commonly known as VAR Agreement, is a legal contract that outlines the terms and conditions between a manufacturer or software developer and a reseller in the state of Oklahoma. This agreement allows the reseller to sell and distribute the manufacturer's products or services while adding value through additional services, support, or customization. Keywords: Oklahoma, Value Added Reseller Agreement, VAR Agreement, manufacturer, software developer, reseller, products, services, additional value, support, customization. There are no specific types of Oklahoma Value Added Reseller Agreements mentioned, as the agreement's structure and terms may vary based on the individual circumstances and parties involved. However, some common variations or clauses that may be included in a VAR Agreement are: 1. Reseller Obligations: This clause outlines the reseller's responsibilities, such as marketing and promoting the manufacturer's products or services, providing customer support, handling warranties, and adhering to any branding or licensing guidelines. 2. Pricing and Payment Terms: This section defines the pricing structure and payment terms for the products or services sold by the reseller. It may include information about the payment schedule, discounts, commissions, royalties, or any other financial agreements. 3. Intellectual Property Rights: This clause identifies the ownership and intellectual property rights of the manufacturer's products or services. It establishes that the reseller has no ownership rights over the products and must protect the manufacturer's trademarks, copyrights, or patents. 4. Territory and Exclusive Rights: In specific cases, the VAR Agreement may grant the reseller exclusive rights to sell the manufacturer's products or services within a specific geographic region or market segment. This clause defines the territory limitations and any conditions related to exclusivity. 5. Non-compete and Non-disclosure: This section may impose restrictions on the reseller's ability to compete with the manufacturer or disclose confidential information to third parties. It aims to protect the manufacturer's trade secrets, sensitive information, or proprietary technologies. 6. Termination and Dispute Resolution: This clause outlines the conditions under which either party can terminate the agreement, including notice periods or breach of contract issues. It may also specify the preferred method of dispute resolution, such as negotiation, mediation, or arbitration. It is essential for both the manufacturer and reseller to carefully negotiate and draft the Oklahoma Value Added Reseller Agreement to ensure that their rights, obligations, and expectations are adequately addressed. Seeking legal advice from an attorney specializing in contract law is advisable to create a comprehensive and suitable agreement for both parties.
Oklahoma Value Added Reseller Agreement
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How to fill out Oklahoma Value Added Reseller Agreement?
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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.
Contents Defining the scope of the reseller agreement. Outlining the duration of the agreement. Outlining the rights and obligations of the reseller and the customer. Outlining the scope of the reseller's services. Outlining any exclusions. Setting out payment terms. Stating the payment terms.
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.
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 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).
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.
Reseller Agreements should specify the details of the product or service delivery. Both parties should have a mutual understanding of the delivery terms, including the timelines, delivery responsibilities, delivery location, and method.
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.