Reseller agreement template
Reseller agreements are a great way to get your products in front of more buyers. Use this free reseller agreement template to get started.
Reseller agreements are a great way to get your products in front of more buyers. Use this free reseller agreement template to get started.
Reseller Agreements are often used to govern long-term business relationships. That's why it's important to get the terms of the transaction right first time.
Find out everything you need to know about Reseller Agreements and how they work in this guide. We've also got a free Reseller Agreement template for you to use.
A Reseller Agreement is a legally binding contract between a supplier and a reseller, in which the supplier agrees to let the reseller sell their products or services. It's very similar to a distribution agreement.
Unlike some business contracts which only cover single transactions, Reseller Agreements are designed to facilitate ongoing commercial relationships, providing the framework for mutual obligations and responsibilities, as well as the ability for these to adapt over time.
They usually outline the dynamic of the relationship of the agreement, what each party should expect from the other, and how to address potential disputes if they arise.
Generally, a Reseller Agreement is accompanied by an order form and may refer to additional legal documents, such as an SOW and a DPA.
However, the Reseller Agreement forms the bedrock of the commercial relationship, making it a cornerstone in businesses that deal with resellers. The software industry often uses the reseller model, meaning that Software Reseller Agreements, or White Labal SaaS Reseller Agreements, are variations of this contract template you'll see often.
The purpose of a Reseller Agreement is to streamline future negotiations when creating contracts with the same reseller.
By outlining the basic principles of the business relationship and establishing how both parties plan to collaborate from the outset, the Reseller Agreement makes it easier and faster for you to agree these contracts repeatably in the future.
This helps to minimize lengthy contract negotiations, accelerates the contract review process, and prevents slowdowns in your contract workflow.
Moreover, having a Reseller Agreement in place helps avoid disputes later in the relationship as it irons out most of the key decisions before the contract comes into effect.
Given their broad scope and frequent usage in growing businesses, Reseller Agreements impact stakeholders throughout the business. Here’s how:
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Clearly outlining each party’s contractual obligations and responsibilities is essential in a Reseller Agreement. This sets the foundation for the contract and ensures that both parties understand what is expected of them.
Reseller Agreements should specify the details of the product or service delivery. Both parties should have a mutual understanding of the delivery terms, including the timelines, delivery responsibilities, delivery location, and method.
A Reseller Agreement should clearly state the terms of payment. This includes details such as the standard rate, payment method, amount due, and payment timelines, to avoid any confusion.
The agreement should also cover broader issues such as intellectual property rights, delineating how rights over patents, copyrights, design rights, and other confidential information are to be protected and allocated.
The Reseller Agreement should define what a breach of contract is, the repercussions of such a breach, and the methods of remediation should it occur. In the case of a Software Reseller Agreement, the breach might involve a failure to adhere to the SaaS terms defined in the agreement.
A clear dispute resolution process should be outlined in the Reseller Agreement to guide parties in the event of a dispute or contract breach. This includes the applicable laws and jurisdiction.
Reseller Agreements should stipulate how customer data will be used and processed, in compliance with the relevant data protection laws.
It's common for a Reseller Agreement to outline expectations and terms for future contracts or agreements, laying the groundwork for long-term partnerships.
In a manual contract workflow, the company's legal department will create a standard Word template for the agreement and save it on a shared drive. You can grab the free Reseller Agreement template PDF above to get started yourself.
When a deal is on the brink of being sealed, a sales representative will retrieve a copy of this Reseller Agreement template - which may or may not be the most recent version - and tweak its stipulations to reflect what has been negotiated with the partner.
Following this, they will send the draft via email to their legal team for further revisions, potentially setting off a series of to-and-fro exchanges.
Once these amendments have been made, the contract will be sent to the reseller for approval, along with the purchase order.
At any point during this stage, revisions can be requested, potentially leading to multiple versions of the agreement without a thorough log of all previous modifications and contract redlines.
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After the agreement is fully executed, either through a wet ink or electronic signature, the copies are then distributed via email to concerned parties, which may consist of sales, legal, finance, project management teams, and naturally, the reseller.
This traditional method of handling Reseller Agreements and Reseller Agreement templates (like White Label SaaS Reseller Agreements) is far from efficient and introduces friction between involved parties.
It can take up to five different software tools just to get a straightforward Reseller Agreement over the line. For businesses growing quickly, this process quickly becomes laborious and chaotic.
In the worst-case scenario, this manual method of arranging and managing Reseller Agreements can hinder deals and slow down your growth.
Teams that manage their Reseller Agreements in this way report the following problems:
Luckily, it's possible to automate most of this routine contract admin and streamline the process used to create, agree and manage Reseller Agreements.
You can do this using Juro's flexible, collaborative and data-rich contract management software. With Juro, users can do the following things:
Juro users can generate Reseller Agreements from automated contract templates in just a few clicks. They simply open the template they need and create a contract from it by filling in a few key details in a simple Q&A form.
The contract is then populated using the answers you provided, or by pulling data in directly from a CRM integration like Salesforce, HubSpot or Pipedrive.
Juro empowers legal teams to establish alternative clauses and fallback positions within your Reseller Agreement templates using conditional logic.
This enables commercial teams to self-serve on Reseller Agreements while minimizing the risk of them drafting their own contract terms.
Simplify the approval process with predefined roles for legal teams, CFOs, and signatories.
Our platform offers sequential triggered workflows, enabling multiple approvers to be notified in a specific order.
This guarantees adherence to standard terms and provides visibility for relevant stakeholders.
Simplify the negotiation process by eliminating the need to switch to external tools like Word for redlining, which can compromise audit trails and data integrity.
With our intuitive comment threads, users can easily add comments, suggest changes, and discuss terms within the platform itself.
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Juro's native electronic signature functionality means that parties can add legally binding signatures to reseller agreements from any device.
Juro's eSignature complies with eIDAS, E-SIGN and UETA acts.
Businesses can store Reseller Agreements in Juro's secure contract repository. Since Juro's contracts are built as structured data, they're also fully searchable. This makes it easy to track, query and monitor your contracts post-signature.
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You're interested in our free Reseller Agreement template PDF above - but what if you didn't even need PDFs anymore? Juro lets you ditch clunky, inflexible PDFs and build a repeatable contract process that gets agreements signed faster every time.
If you're looking to improve your contract management process, why not join the 6000+ businesses that already power their contracts with Juro?
Juro's all-in-one contract management platform enables teams to safely automate 75 per cent of routine contract admin and agree contracts up to ten times faster.
To find out more, hit the button below to book a personalized demo.
Juro is the #1-rated contract platform globally for speed of implementation.
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