Form Overview
The Value-Added Reseller Agreement provides a framework under which the reseller engages vendor to provide technology to be integrated, packaged and licensed as part of reseller's technology. The vendor's technology is developed in response to a specific enhancement request issued to vendor by reseller. Vendor is obligated to provide maintenance and support as well as periodic updates. The Agreement provides a generic enhancement development process patterned after the software development life cycle. The integrated technology is marketed by the reseller as part of its own technology product. Reseller collects the customer fees and remits a royalty to vendor. The royalty is a fixed amount per unit sold as reflected in an exhibit. Title to the integrated technology resides with vendor. Vendor warrants technology performance as described in related documentation. Reseller pays vendor for services on a time and material basis. You can find answers to your questions using our extensive library of
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