A Virginia International Value Added Reseller Agreement (VIVARIA) is a contractual arrangement between a manufacturer or service provider and a reseller, where the reseller adds value to the products or services before offering them to customers in the international market. This agreement allows the reseller to market, sell, and distribute the products or services globally on behalf of the manufacturer. Keywords: Virginia International Value Added Reseller Agreement, VIVARIA, reseller, manufacturer, value-added, global market, international distribution, contractual arrangement. There can be different types of Virginia International Value Added Reseller Agreements depending on the specific terms and conditions agreed upon by the parties involved. Some variations of these agreements may include: 1. Exclusive VIVARIA: This type of agreement grants the reseller exclusive rights to market and distribute the manufacturer's products or services in a specific geographic region or industry sector. This exclusivity provides the reseller with a competitive advantage and prevents the manufacturer from appointing other resellers in the designated market. 2. Non-Exclusive VIVARIA: In this type of agreement, the manufacturer allows multiple resellers to market and distribute their products or services internationally. This arrangement offers flexibility to the manufacturer as they can tap into various sales channels and reach a wider customer base. 3. Product-Specific VIVARIA: In certain cases, the reseller agreement may be limited to a specific product or a range of products offered by the manufacturer. This type of agreement allows the reseller to focus on promoting and selling particular products that align with their expertise or target market. 4. Service-Based VIVARIA: Instead of physical products, these agreements involve the resale of value-added services provided by the manufacturer. The reseller may enhance the services by customizing them to specific market needs or bundling them with complementary offerings. 5. Revocable VIVARIA: This agreement allows either party, the manufacturer or the reseller, to terminate or revoke the agreement with prior notice. This flexibility ensures that both parties have the option to end the contractual relationship if business circumstances change or if the agreement no longer aligns with their respective strategies. In conclusion, a Virginia International Value Added Reseller Agreement (VIVARIA) enables manufacturers to expand their global reach by leveraging the expertise and distribution channels of resellers. These agreements can range from exclusive to non-exclusive, product-specific to service-based, and may be revocable based on the mutual understanding between the manufacturer and the reseller.
Virginia International Value Added Reseller Agreement
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How to fill out Virginia International Value Added Reseller Agreement?
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The VAR is to provide technical support to end users for the integrated product, including the licensor software component. The parties should modify this agreement if the parties agree to different support obligations. The VAR may not sell the integrated products to a government entity.
Every Premier League fixture has a Video Assistant Referee (VAR), a qualified referee who watches the match via a number of screens and can view slow-motion replays, enabling them to advise the on-field referee.
Value-added resellers are businesses that sell products manufactured by other companies in addition to selling their own supplemental products and services, thereby increasing the value of the resold product purchased by the consumer.
added reseller is a company that enhances another company's products by adding valuable features or services to those products. Because they have added value to thirdparty products, valueadded resellers can then resell those products at a higher price.
added reseller (VAR) is an organization that is usually part of a sales channel for an original equipment manufacturer (OEM).
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...
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.
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.
Value-added reseller firms may work in a distribution model that in one-tier and the VAR directly purchases the product from the vendor . However, small VAR in particular may find that some vendors will only sell to them through a two-tier distribution model that involves them purchasing the product from a distributor.