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
Mecklenburg North Carolina International Value Added Reseller Agreement (MARA) is a legally binding contract between a company located in Mecklenburg County, North Carolina, and an international reseller. This agreement outlines the terms and conditions under which the reseller can market, promote, and distribute the company's products or services in different countries. Keywords: Mecklenburg North Carolina, International, Value Added Reseller Agreement, reseller, contract, company, products, services, distribution, countries. In general, there are no specific types of MARA mentioned, as the agreement can be tailored to suit the specific needs of the involved parties. However, variations may exist based on the industry, market dynamics, and specific requirements. Key Components: 1. Scope of Agreement: Clearly defines the products or services covered under the agreement and specifies the authorized territories in which the reseller can operate. 2. Terms and Conditions: Outlines the duration of the agreement, termination clauses, renewal options, and grounds for termination, if any. It may also include provisions for exclusivity or non-exclusivity. 3. Responsibilities: Identifies the responsibilities and obligations of both the company and the reseller. It may include marketing and promotional activities, technical support, training, warranty provisions, and maintaining accurate records. 4. Pricing and Payment Terms: Defines the pricing structure, payment terms, and any applicable discounts or commissions to be provided by the company. It may also outline the reseller's obligations regarding invoicing and collection of payments. 5. Intellectual Property Rights: Establishes the ownership and protection of intellectual property associated with the products or services being resold. It addresses issues such as trademarks, copyrights, patents, and confidentiality of proprietary information. 6. Performance and Reporting: Sets forth performance goals, sales targets, reporting requirements, and methods for monitoring and evaluating the reseller's performance. 7. Dispute Resolution: Includes provisions for resolving disputes, such as mediation or arbitration, to avoid litigation and maintain a healthy business relationship. 8. Governing Law and Jurisdiction: Specifies the governing law under which the agreement is interpreted and enforced. It also determines the jurisdiction in which any legal actions or disputes must be filed. It is important for both parties to carefully review and negotiate the terms of the Mecklenburg North Carolina International Value Added Reseller Agreement, seeking legal advice if necessary, to ensure mutual understanding and protection of rights and interests.
Mecklenburg North Carolina International Value Added Reseller Agreement (MARA) is a legally binding contract between a company located in Mecklenburg County, North Carolina, and an international reseller. This agreement outlines the terms and conditions under which the reseller can market, promote, and distribute the company's products or services in different countries. Keywords: Mecklenburg North Carolina, International, Value Added Reseller Agreement, reseller, contract, company, products, services, distribution, countries. In general, there are no specific types of MARA mentioned, as the agreement can be tailored to suit the specific needs of the involved parties. However, variations may exist based on the industry, market dynamics, and specific requirements. Key Components: 1. Scope of Agreement: Clearly defines the products or services covered under the agreement and specifies the authorized territories in which the reseller can operate. 2. Terms and Conditions: Outlines the duration of the agreement, termination clauses, renewal options, and grounds for termination, if any. It may also include provisions for exclusivity or non-exclusivity. 3. Responsibilities: Identifies the responsibilities and obligations of both the company and the reseller. It may include marketing and promotional activities, technical support, training, warranty provisions, and maintaining accurate records. 4. Pricing and Payment Terms: Defines the pricing structure, payment terms, and any applicable discounts or commissions to be provided by the company. It may also outline the reseller's obligations regarding invoicing and collection of payments. 5. Intellectual Property Rights: Establishes the ownership and protection of intellectual property associated with the products or services being resold. It addresses issues such as trademarks, copyrights, patents, and confidentiality of proprietary information. 6. Performance and Reporting: Sets forth performance goals, sales targets, reporting requirements, and methods for monitoring and evaluating the reseller's performance. 7. Dispute Resolution: Includes provisions for resolving disputes, such as mediation or arbitration, to avoid litigation and maintain a healthy business relationship. 8. Governing Law and Jurisdiction: Specifies the governing law under which the agreement is interpreted and enforced. It also determines the jurisdiction in which any legal actions or disputes must be filed. It is important for both parties to carefully review and negotiate the terms of the Mecklenburg North Carolina International Value Added Reseller Agreement, seeking legal advice if necessary, to ensure mutual understanding and protection of rights and interests.