Value Added Reseller Agreement Software

Posted by | December 19, 2020 | Uncategorized | No Comments

B. The developer grants a limited and non-exclusive license to VAR to sublicensing the product to VAR`s end customers as part of the normal transaction. Any sub-licensing of the product by VAR must be carried out in accordance with a written licensing agreement approved in advance by the developer in terms of form and content, which must include at least the following: It is important to ensure that a VAR agreement meets commercial objectives and that its provisions are realistic. Since VAR agreements are legally binding, non-compliance with contractual conditions can result not only in early termination of the contract, but also in legal action and fines. Each contracting party undertakes to provide support at any time, before and after the termination of this Agreement, and, at any time, to support its senior managers, directors, employees, representatives, representatives and advisors, upon request, to a party who has acquired the ownership of the intellectual property in accordance with the above intellectual property or its name at the expense of the applicant party. , in order to guarantee the intellectual property and copyright rights of the applicant. , patents, trademarks or other intellectual property rights related to them in all countries. The obligations of the parties covered in this section are applicable indefinitely. A. Developer grants and VAR accepts a limited and non-exclusive license for products under this agreement.

The license provided allows VAR to combine or include products with other var software or hardware in order to increase or increase the value, functionality or usefulness of this software or hardware for VAR`s end customers. VAR is not authorized to use the products for their internal activities. The VAR may not copy, distribute or transfer any of the products unless this is intended. Since value-added product or value-added service is the only reason both parties have entered into this agreement. Therefore, a brief summary of the specific product or service that the VAR wishes to develop or a detailed description of the product as an annex to the agreement. As the VAR strives to develop the product or service provided by the manufacturer for marketing, both parties should be informed of how the product is marketed and the percentage of profits that both parties can share, as well as a detailed plan of the sales organization and activities of the product. In addition, the detailed plan may contain several provisions, such as the hiring of experts and technicians by the VAR or the marketing of the product by other companies. This part is considered to be one of the VAR`s obligations to ensure that they take appropriate action to market the product. Has. The developer grants VAR a limited and non-exclusive right to use the developer`s trade names, trademarks, titles and logos (the “licensed trademarks”) for advertising, advertising and selling products.

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