Value Added Reseller Agreement
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VAR may participate in a sale in which a non-VAR (third party) represents a client that wishes to purchase 20/20 Insight products, provided that the VAR carries out the following responsibilities: (i) before the sale, ensure that the third party gives the client current, accurate information about the product (ii) during the sale, invoice the third party s client directly for all product orders and (iii) after the sale, ensure that the third party does not attempt to assist the client in installing, administering, servicing or providing training for the software.. In the event any payment is not made as required hereunder, VAR shall be liable to PSS for the full invoice amount, plus interest from the date payment was due at the annual rate of 18 or, alternatively, at the highest rate allowed by law, if less than 18 , plus its costs (including actual court costs, collection agency fees, and attorneys fees and expenses consisting of, at PSS s sole election, either 25 of the amount owed by VAR or PSS s reasonable attorneys fees and expenses VAR understands that the amount of attorneys fees is intended to take into account and anticipate post-judgment collection efforts).. The parties hereby agree that this Agreement has been made in the Commonwealth of Virginia and that the appropriate court for the City of Newport News, Virginia, or the United States District Court for the Eastern District of Virginia, Newport News Division, shall be the exclusive forums in which any action in any way involving, arising under, or interpreting this Agreement shall be brought for any matter not subject to the dispute resolution procedure set forth in paragraph 10.l.. Bell Title: President VALUE-ADDED RESELLER FIRM NAME: Signature: Date Print Name: Title: Name: Title:
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