Parties and Definitions
Identify full legal names, entity types, and defined terms. Precise definitions reduce ambiguity about who bears obligations and when title or risk of loss transfers during shipment and resale.
A well-drafted resale agreement reduces ambiguity about pricing, territory, and permitted channels, lowering the risk of disputes and unexpected liability.
Resale agreements are commonly prepared by procurement, sales operations, or in-house counsel and executed by authorized business signers.
Proper role identification speeds approval and reduces downstream disputes when the agreement is enforced or audited.
A named employee with explicit authority to enter commercial contracts. That person should be listed with title and must have board or delegated authority depending on company policy; unsigned internal approvals do not substitute for signatures.
An officer such as CEO, COO, or Corporate Secretary may sign to bind a company. For incorporated entities, confirm corporate resolutions or signing authority to avoid later challenges to enforceability.
Identify full legal names, entity types, and defined terms. Precise definitions reduce ambiguity about who bears obligations and when title or risk of loss transfers during shipment and resale.
Specify permitted resale channels, exclusive or nonexclusive territory, sub-reseller rules, and any channel or customer restrictions; include clear remedies for channel conflicts or territory breaches.
State list price, reseller discounts, invoicing cadence, payment terms, currency, tax responsibility, and consequences for late payment such as interest or suspension of supply.
Grant narrow, revocable licenses for trademarks and marketing materials. Define permitted use, approval process for marketing collateral, and ownership retention to avoid unintended IP transfers.
Allocate responsibility for product defects, define return windows and restocking fees, and limit warranty scope where permitted by law to manage post-sale liabilities.
List termination events, cure periods, inventory disposition rules upon termination, and liquidated damages or injunctive relief provisions to protect business interests.
| Field | Configuration |
|---|---|
| Signer Roles | Seller Signer | Reseller Signer |
| Authentication Method | Email link by default; use SMS code or KBA for higher assurance |
| Required Fields | Effective Date, Pricing, Product Exhibit attached |
| Routing | Sequential: Seller then Reseller then Legal copy |
Choose a platform that supports secure signing, audit trails, and the authentication level required by your compliance needs.
Confirm platform encryption and retention options meet internal policy and any industry regulations before executing high-volume resale agreements.
Agreement becomes binding on the effective date entered in the signature block
Specify shipment or delivery lead times and vendor obligations
Payment terms often net 30; late fees apply after due date
Automatic renewal or notice period for nonrenewal, commonly 30–90 days
Material breach cure period and termination notice, commonly 10–30 days
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial | No | No | Yes, limited | Yes, limited |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| Envelope Cap | No envelope cap | 100 envelopes/user/year | Varies by plan | Varies by plan | Varies by plan |
Martin Properties standardized resale terms across its managed properties to reduce negotiation time.
A distributor used a template to roll out reseller pricing to hundreds of partners.