RESELLER AGREEMENT
This Agreement is made on [Effective Date] between [Company Name] and [Reseller Name].
1. Parties. This Reseller Agreement is made between [Company Name], of [Company Address] (the "Company"), and [Reseller Name], of [Reseller Address] (the "Reseller"), together the "Parties".
2. Appointment and Scope. The Company appoints the Reseller as a [authorised / non-exclusive] reseller of the [Products / Services] described in Schedule A, to be marketed and resold to end customers in the territory of [Territory].
3. Term. This Agreement is effective from [Effective Date] for [Number] years, renewable by mutual consent.
4. Pricing, Payment and GST. The Reseller shall purchase at the reseller price in Schedule A, exclusive of GST charged at the applicable rate on each tax invoice. Payment is due within [Number] days. The Reseller sets its own resale price and margin. TDS/TCS applies as per law.
5. Obligations. The Reseller shall market the Products in good faith, not make unauthorised warranties, and comply with the Company's brand guidelines. The Company shall supply the Products and provide reasonable support and updates.
6. Intellectual Property. The Reseller may use the Company's trademarks only for authorised resale and acquires no ownership rights. All goodwill accrues to the Company.
7. Confidentiality. Each Party shall keep confidential the other's pricing, technical and business information and use it only for this Agreement.
8. Indemnity. Each Party shall indemnify the other against claims and losses arising from its breach, misrepresentation or infringement of third-party rights.
9. Termination. Either Party may terminate on [Number] days notice, or immediately for material breach uncured within [Number] days.
10. Governing Law, Jurisdiction and Arbitration. This Agreement is governed by the laws of India, subject to the exclusive jurisdiction of the courts at [City]. Disputes shall be referred to a sole arbitrator under the Arbitration and Conciliation Act, 1996, seated at [City], in English.
For [Company Name]
Authorised Signatory
For [Reseller Name]
Authorised Signatory