Go Party? Go Skafa! Go Skafa! Go Party!

VAR agreements come into force for a fixed period, called the duration of the contract. This section of the agreement should indicate the exact date of entry into force of the agreement and the duration of the contract. A VAR agreement is a legal-grade contract between a manufacturer and a value-added reseller that defines the rights and obligations of both parties. A VAR buys a product from a manufacturer, values it in some way, and then markets it as its own. A VAR agreement defines the conditions to be met during this process. It is important to ensure that a VAR agreement is in line with trade objectives and that its provisions are realistic. Since VAR agreements are legally binding, failure to comply with contractual conditions can lead not only to early termination of the contract, but also to legal proceedings and fines. C.

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