Reseller Agreement
This Reseller Agreement (the “Agreement”) is entered into as of [Effective Date], by and between:
Remote Support LLC, a company organized and existing under the laws of [State/Country], with its principal office located at [Address] (hereinafter referred to as “Reseller”), and
[Partner Company Name], a company organized and existing under the laws of [State/Country], with its principal office located at [Address] (hereinafter referred to as “Partner”).
WHEREAS:
1. The Partner is engaged in the business of providing [description of services/products] (the “Products” and/or “Services”). 2. The Reseller wishes to act as a reseller of the Partner's Products and/or Services on a 100% commission basis. 3. Both parties wish to set forth the terms and conditions under which the Reseller will resell the Partner's Products and/or Services.
NOW, THEREFORE, in consideration of the mutual promises and covenants herein contained, the parties hereto agree as follows:
1. Appointment of Reseller
The Partner hereby appoints the Reseller as a non-exclusive reseller of its Products and/or Services, and the Reseller hereby accepts such appointment.
2. Commission
The Reseller will be compensated on a 100% commission basis. The specific commission rates and payment terms will be outlined in Schedule A attached hereto and incorporated herein by reference.
3. Intellectual Property
3.1 Ownership. The Partner retains all right, title, and interest in and to its intellectual property, including but not limited to trademarks, trade names, logos, patents, copyrights, and trade secrets (the “Intellectual Property”).
3.2 License. The Partner grants the Reseller a non-exclusive, non-transferable, revocable license to use the Intellectual Property solely for the purpose of marketing, promoting, and reselling the Partner's Products and/or Services under this Agreement.
3.3 Restrictions. The Reseller shall not (i) modify, adapt, or create derivative works of the Intellectual Property; (ii) use the Intellectual Property in any manner that is disparaging or that otherwise portrays the Partner in a negative light; or (iii) challenge the validity or ownership of the Intellectual Property.
4. Confidentiality
4.1 Definition. “Confidential Information” means any information disclosed by one party to the other party, either directly or indirectly, in writing, orally, or by inspection of tangible objects, which is designated as “Confidential,” “Proprietary,” or some similar designation. Confidential Information shall include, without limitation, the terms and conditions of this Agreement, the Intellectual Property, and any business, technical, or financial information.
4.2 Obligations. Each party agrees (i) to maintain the confidentiality of the Confidential Information of the other party; (ii) not to use any Confidential Information for any purpose except in the performance of this Agreement; and (iii) not to disclose any Confidential Information to any third party without the prior written consent of the disclosing party.
5. Term and Termination
5.1 Term. This Agreement shall commence on the Effective Date and continue for a period of [initial term, e.g., one (1) year], unless earlier terminated as provided herein. Thereafter, this Agreement shall automatically renew for successive [renewal term, e.g., one (1) year] terms unless either party provides written notice of its intention not to renew at least [notice period, e.g., thirty (30) days] prior to the end of the then-current term.
5.2 Termination for Convenience. Either party may terminate this Agreement for any reason upon [notice period, e.g., thirty (30) days] written notice to the other party.
5.3 Termination for Cause. Either party may terminate this Agreement immediately upon written notice if the other party (i) breaches any material term of this Agreement and fails to cure such breach within [cure period, e.g., thirty (30) days] after receipt of written notice of such breach; or (ii) becomes insolvent, files a petition in bankruptcy, or makes an assignment for the benefit of creditors.
6. Miscellaneous
6.1 Entire Agreement. This Agreement constitutes the entire agreement between the parties and supersedes all prior or contemporaneous agreements or representations, written or oral, concerning the subject matter of this Agreement.
6.2 Amendments. This Agreement may be amended only by a written instrument executed by both parties.
6.3 Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State/Country of [governing law state/country], without regard to its conflict of laws principles.
6.4 Dispute Resolution. Any dispute arising out of or in connection with this Agreement shall be resolved through [dispute resolution mechanism, e.g., binding arbitration, mediation].
6.5 Assignment. Neither party may assign its rights or obligations under this Agreement without the prior written consent of the other party, which consent shall not be unreasonably withheld.
6.6 Severability. If any provision of this Agreement is held to be invalid or unenforceable, such provision shall be struck, and the remaining provisions shall be enforced to the fullest extent under law.
IN WITNESS WHEREOF, the parties hereto have executed this Reseller Agreement as of the Effective Date.
Remote Support LLC
By:
Name: Title: _
Date: _ [Partner Company Name] By: Name:
Title: _ Date: _
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Schedule A - Commission Rates and Payment Terms
1. Commission Rate: [specific percentage or amount] 2. Payment Terms: [e.g., monthly, quarterly, upon receipt of payment from customers] 3. [Other specific terms related to commission and payment]
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Feel free to adjust the specific terms, conditions, and additional clauses to better fit your business requirements and legal considerations.