The duration of the agreement is twelve (12) months from the date of execution by the company. This agreement is continuously renewed every twelve (12) months unless the VAR informs the company in writing thirty (30) days before the expiry date. The entity may, at its sole discretion, terminate this contract if one or more of the following events occur. 1) Non-compliance with the terms of the agreement after receiving the company`s written notification of this failure; 2) designation of the beneficiary or when submitting an application by the VAR, the exemption of creditors; 3) according to mutual agreement, in writing the company and var. Protected information that continues to be exchanged here is treated as such by the VAR and maintained with the utmost confidence. This information includes, among other things, the provisions of this agreement, product and service information, pricing, source code, business practices, methodology and procedures. The VAR also undertakes not to commercialize, dismantle, dismantle, decode or re-create company programs delivered to LA VAR without the company`s prior written permission. Without you, I would have lost countless contracts. 1. The added value provider agreement provides that a software developer sells its programs to a reseller who can then combine the programs with other software or hardware. The combinations are then marketed as "value-added products." Many VARs are called by this name, but are really just resellers.
The agreement therefore provides for this option. Make sure these conditions are right for you. A VAR agreement is a legal contract between a manufacturer or developer of a product or service and a value-added reseller, which defines and defines the rights and obligations of both parties. Since a VAR typically buys a product or service from a manufacturer or developer and adds value to that product or service by adding other features and further development, and then reselling the product as its own, a VAR agreement sets out the conditions that must be met and met by both parties throughout the process. 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.