Reseller Agreement

Company

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Description:

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:

  • Appointment of reseller
  • Terms of Purchase
  • Exclusivity and Territory
  • Reseller’s duties and responsibilities
  • Product prices, delivery terms, targets
  • Invoice procedures, payment terms
  • Penalties for late payment

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.

Document Type:

Agreements / contracts

Category:

Business > Commercial, Sales and Marketing > Sales and Consignment Agreement

 
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Author:

DocPro Legal

DocPro Legal is a team of legal professionals with a passion for making quality documents and legal contract templates widely available to the public through cutting edge technology. Our lawyers are qualified in numerous common law jurisdictions including the United Kingdom, Australia, New Zealand, India, Singapore and Hong Kong. We have experience in major law firms and international banks with expertise in business, commercial, finance, banking, litigation, family, succession and company laws.

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