Generally, resellers are an intermediary between the companies that make /distribute the products and the end customers. A reseller agreement enables a reseller to purchase products from one party (product owner/distributor) and sell it to another party (end user). This agreement is drafted in favour of the Company
Often businesses engage resellers to sell their products in different markets. It allows them to expand their business with minimum operational cost. However, it is important to execute a reseller agreement to define the relationship between reseller and the business owner , outline responsibilities thereby to limit risk and liability in case of dispute.
A reseller agreement includes:
How to use this Document?
This document should be carefully read by the Company and Reseller.
Both parties should sign and return a copy, and once signed, both parties should get a copy. To avoid future disputes, both parties may wish to have their signature witnessed.
The territory, description of products, term of the agreement should be clearly specified in the agreement.
If either party wishes to amend the agreement in the future, both parties should agree to do so, and the original agreement and amendments should be recorded in writing and signed by both parties.
How to Tailor the Document for Your Need?
1. Create Document: Click “Create Document” button and fill in the details of the parties. You can click the "Fill with Member's Information" button to complete the party's information with your personal or business information saved to your account.
2. Please fill in any additional information by following the step-by-step guide on the left-hand side of the preview document and click the “Next” button.
3. When you are done, click the “Get Document” button and you can download the document in Word or PDF format.
4. Please get all the parties to review the document carefully and make any final modifications to ensure that the details are correct before signing the document. Each party should have a copy of the executed document.
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