some of the largest technology companies in the world have grown and expanded their businesses through channel partnerships. microsoft technology has one of the largest networks of channel partners globally and have in place strong and robust commercial terms between their partners and themselves via a channel partner agreement. importantly a channel partner agreement protects the intellectual property of the product, technology or service owner and dictates the rules in which the intellectual property can be sold, exploited, modified or transferred.
a channel partner agreement provides parties with an enforceable and binding agreement in order to ensure all parties are aware of their rights and obligations to each other and importantly it offers protections to both parties in the event of breach or non-compliance. with offices in melbourne, sydney and brisbane working with fast growth and large enterprises (including asx listed entities) for all of their commercial law needs, law squared has four legal teams covering the areas of commercial, corporate, litigation and employment and workplace relations. please enter your details on our contact page, and our team will be in touch shortly.
“effective date” means the date on which outsystems and channel partner have executed this agreement or signed the respective partner order (or the date of the last signature if not executed by both parties on the same date). “partner commission” means the commission payable to the channel partner by outsystems following the execution of an agreement between a prospect and outsystems according to section 4 and as specified in the channel partner program. outsystems reserves the right to modify the branding guidelines from time to time and shall give the channel partner notice of any such modification. such exclusivity means that outsystems agrees to pursue software license sales in cooperation with channel partner and agrees not to accept opportunity referrals from any other channel partner, except in the case of a public open tender or upon written request by prospect to either party. the channel partner will bear all taxes and duties which may be levied with respect to the payment of the partner commission by outsystems. “outsystems support” shall mean any software support services provided by outsystems by telephone, e-mail or other method, as well as any other software maintenance services, in accordance with the terms and conditions of this section and the eula. each reseller order placed by the channel partner shall be subject to the terms of this agreement.
subject to the terms of this agreement, the channel partner acknowledges and accepts that the non-payment of any due amounts constitutes a material breach and that outsystems shall have the right to immediately terminate this agreement in accordance with section 8. outsystems shall notify the channel partner of such modifications or amendments to the channel partner program. upon termination of this agreement for any reason: (a) the channel partner will immediately discontinue making any representations regarding its status as set forth in this agreement and will immediately cease any activities related to this agreement; (b) all amounts owed by either party to the other will become immediately due and payable; and (c) any assigned prospects hereunder may be pursued by outsystems or transferred to another channel partner at outsystems’ sole discretion. either party’s aggregate liability under this agreement shall not exceed the partner commissions paid by outsystems to channel partner in the twelve months preceding the date of the earliest claim made under this agreement. any attempt by the channel partner to assign or transfer this agreement without such consent shall be void. the channel partner may not appoint or engage third parties in relation to this agreement without the prior written consent of outsystems. this agreement, which the parties have agreed to draw up in the english language, is the result of arm’s length negotiations between the parties and shall be construed to have been drafted by all parties such that any ambiguities in this agreement shall not be construed against either party. this agreement may be executed in one or more counterparts, each of which will be deemed to be an original copy of this agreement and all of which, when taken together, will be deemed to constitute one and the same agreement, notwithstanding the fact that all parties are not signatories to the original or the same counterpart.
“channel partner” means the individual or company that forcepoint acknowledges has a limited, non-exclusive right to market and resell products, obtained from this github indirect channel partner agreement (the “agreement”) between github, inc., a delaware corporation, having its principal place of business at 88 when a company chooses to partner with another business to help market and sell products or services, it is called a channel partnership. these kinds of, channel partnership agreement template, channel partnership agreement template, channel partner agreement pdf, saas channel partner agreement template, exclusive channel partner agreement.
what is a channel partner agreement? a channel partner agreement is a binding contract that potential partners need to read, understand, and sign before doing business with your company. it outlines the terms of the partnership between both parties, including expectations, compensation, and contractual obligations. “agreement” shall mean this channel partner agreement. “software products” shall mean all computer programs and related documentation that expedata now to register as an indirect channel partner with cisco, your company must accept the terms and conditions of this indirect channel partner agreement (the channel partner acknowledges that its appointment under this agreement is imparted to them and shall cooperate in any product education programs that, microsoft channel partner agreement, service partner agreement, partner commission agreement, what is a channel partner agreement, youtube channel partnership agreement, marketing partner agreement, saas partnership agreement, channel partner program, b2b partnership agreement, software implementation partner agreement. an affiliate partner agrees to promote your products or services in exchange for a small percentage of the profits from any sales they send your wayin the tech and saas fields, other common channel partners are:cloud service providers. managed service providers. embedded partners. value-added resellers.
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