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Legal AgreementsIndemnity & Compensation

Reseller Agreement

This Reseller Agreement template is for businesses appointing a reseller to sell their products or services. It outlines the terms and conditions, including responsibilities, payment, and intellectual property.

Updated 15d ago
reseller agreementdistribution agreementpartnershipsales agreementSMESouthern Africa

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}} | Email: {{email}} | Website: {{website}}

AGREEMENT FOR RESELLER SERVICES

This Reseller Agreement ("Agreement") is made and entered into on this {{day}} day of {{month}}, {{year}} ("Effective Date")

BETWEEN:

{{company_name}}, a company duly incorporated under the laws of {{country}}, with its registered office at {{company_address}} (hereinafter referred to as "Principal").

AND

{{reseller_company_name}}, a company duly incorporated under the laws of {{country}}, with its registered office at {{reseller_address}} (hereinafter referred to as "Reseller").

Principal and Reseller are hereinafter collectively referred to as "Parties" and individually as "Party".

1. APPOINTMENT AND SCOPE

1.1. Principal hereby appoints Reseller, and Reseller accepts such appointment, as a non-exclusive/exclusive reseller of Principal's products/services, as detailed in Schedule A (the "Products/Services").

1.2. The Reseller shall market, promote, and sell the Products/Services within the territory of {{territory}} (the "Territory"), in accordance with the terms and conditions of this Agreement.

2. RESELLER'S OBLIGATIONS

2.1. Reseller shall use its best endeavours to promote and sell the Products/Services and shall not engage in any activity that may harm the reputation or interests of the Principal.

2.2. Reseller shall maintain adequate sales and technical staff knowledgeable about the Products/Services.

2.3. Reseller shall comply with all applicable laws and regulations in the performance of this Agreement.

2.4. Reseller shall provide Principal with regular sales reports, as stipulated in Schedule B.

3. PRINCIPAL'S OBLIGATIONS

3.1. Principal shall provide Reseller with necessary sales and marketing materials, product information, and technical support.

3.2. Principal shall fulfil all orders placed by Reseller in a timely and efficient manner.

3.3. Principal shall pay Reseller commissions/reseller fees as outlined in Clause 4 and Schedule C.

4. PRICING AND PAYMENT

4.1. The prices for the Products/Services shall be as set out in Principal's standard price list, which may be updated from time to time with reasonable notice to Reseller.

4.2. Reseller shall be entitled to a commission/reseller margin of {{commission_percentage}}% on the net sales price of the Products/Services sold by Reseller.

4.3. Payment of commissions/reseller fees shall be made by Principal to Reseller within {{payment_days}} days of the end of each calendar month, provided that Principal has received payment from the end-customer.

5. INTELLECTUAL PROPERTY

5.1. All intellectual property rights related to the Products/Services, including trademarks, copyrights, and patents, shall remain the sole property of the Principal.

5.2. Reseller is granted a non-exclusive, non-transferable license to use Principal's intellectual property solely for the purpose of marketing and selling the Products/Services under this Agreement.

6. TERM AND TERMINATION

6.1. This Agreement shall commence on the Effective Date and continue for an initial term of {{initial_term_years}} year(s), unless terminated earlier in accordance with the provisions herein.

6.2. Either Party may terminate this Agreement by providing {{notice_days}} days' written notice to the other Party in the event of a material breach of this Agreement by the other Party, which breach is not remedied within {{cure_period_days}} days of receiving notice thereof.

6.3. Either Party may terminate this Agreement for convenience by providing {{notice_days_for_convenience}} days' written notice to the other Party.

7. CONFIDENTIALITY

7.1. Both Parties agree to keep confidential all non-public information received from the other Party during the term of this Agreement and for a period of {{confidentiality_years}} years thereafter.

7.2. This obligation shall not apply to information that is publicly known, independently developed, or required to be disclosed by law.

8. GOVERNING LAW AND DISPUTE RESOLUTION

8.1. This Agreement shall be governed by and construed in accordance with the laws of {{governing_law_country}}.

8.2. Any dispute, controversy or claim arising out of or relating to this Agreement, or the breach, termination or invalidity thereof, shall be settled by arbitration in accordance with the rules of the {{arbitration_institution}}.

9. SIGNATURES

IN WITNESS WHEREOF, the Parties have executed this Agreement on the date first written above.

FOR AND ON BEHALF OF PRINCIPAL:

_____________________________

Name: {{principal_signatory_name}}

Title: {{principal_signatory_title}}

Date: {{principal_signature_date}}

FOR AND ON BEHALF OF RESELLER:

_____________________________

Name: {{reseller_signatory_name}}

Title: {{reseller_signatory_title}}

Date: {{reseller_signature_date}}

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