What is a reseller agreement?

A reseller agreement can mean something different depending on who you ask. Typically, these are agreements where a vendor contracts with a reseller to allow them to sell the vendor's product or services to a third-party. There is the potential for misunderstandings if the wrong terms are included in the agreement.

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Electronic Software Reseller Agreement

Reseller Agreement

Name: Electronic Software Reseller Agreement
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.7 (228 reviews)

Category:

Technology - Software - Marketing

State:

Multi-State

Control #:

US-13152BG

Format:

Instant download

Description

Agreement is outlining the rights and responsibilities between the owner of software and the person/business wanting the right to sell or license the software to third parties.

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FAQ

SaaS Resellers It works by having your business customers package your SaaS product as an essential add-on product for their own service. This way, when your SaaS resellers are hired by their customers, you make a sale of your software.

Most resellers are retail organizations. These include grocery stores, department stores and specialty stores, such as home improvement or pet supply stores. There are many different types of retailers, from Wal-Mart to Macy's to the boutique on Main Street.

A reseller agreement can mean something different depending on who you ask. Typically, these are agreements where a vendor contracts with a reseller to allow them to sell the vendor's product or services to a third-party. There is the potential for misunderstandings if the wrong terms are included in the agreement.

Communication, training and reports; pricing; intellectual property licenses; delivery; and. bundling and selling other IT products.

A VAR Reseller Agreement is a legally binding contract between a supplier and a reseller firm for reselling their product by adding some value to it.

The distributor usually buys directly from the manufacturer, holds inventory of the product, provides after-sale services, and resells the product to resellers and sometimes directly to end users.Resellers generally only sell to end users or wholesalers.

Able to Set Your Own Margins: When you become a reseller, you're free to set your own margins. You can choose to price your products anyway you want. Since the cost of goods is low, you can price your products to ensure your reseller business is profitable. The higher you set your price the more you can make.

Understanding Purchase and Resale Agreements (PRAs) Generally, in a repo transaction, two counterparties will enter into an agreement whereby one will sell securities to the other and simultaneously agree to repurchase them at a specified later date at a fixed price.

A SaaS reseller agreement involves a software services provider, known as the vendor, granting another business, the reseller, the rights to enter into a contract with a third party (customer) as the principal for providing the vendor's services to the third party.

Resellers are just that reselling products that they purchase from the manufacturer at a discounted rate.Larger resellers may also be up-selling their existing customers with value-add services, such as implementation and integration services, training, and offering support.

A software reseller is a consultant who sells the software from large companies under a licence. They have no legal employment status with the parent company and generally operate on a freelance basis. Large companies like Microsoft, VMWare, Oracle, SAP and others are main manufacturers of most software.

Agreement and effective dates. Names and relationships of parties. Appointment of reseller. Purchase orders. Accepting, modifying, rejecting, and canceling purchase orders.

The purpose of resellers and why companies use them A key reseller role has been order fulfillment: The customer goes to a reseller to simplify the ordering process and offload procurement and order processing tasks. Working with a reseller can also streamline product sourcing.

Reseller Agreement

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