Channel Partner Program Templates

Reseller Agreement Template

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This template does not constitute legal advice, nor does it substitute for legal advice. Always consult with a legal professional before entering into any agreement or contractual obligation. EXHIBIT D: SALES TARGETS This Exhibit D forms part of the Agreement and is subject to the terms and conditions of the Agreement. In the event of any conflict between the terms of this Exhibit D and the terms of the Agreement, the terms of the Agreement will prevail. The sales target terms for the products or services provided by the Company to the Reseller are as follows: SECTION 1: MINIMUM SALES TARGETS 1.1 The Reseller agrees to achieve the following minimum sales targets: Year 1: _______ Year 2: _______ Year 3: _______ 1.2 The sales targets are based on the total contract value (excluding taxes) of the Company's products and services sold by the Reseller. SECTION 2: REVIEW AND ADJUSTMENT OF SALES TARGETS 2.1 The sales targets will be reviewed annually and may be adjusted by the Company in its sole discretion. The Company will provide the Reseller with written notice of any changes in the sales targets. SECTION 3: FAILURE TO MEET SALES TARGETS 3.1 If the Reseller fails to meet the sales targets, the Company may take one or more of the following actions: • Terminate the Agreement; • Remove the Reseller's exclusivity in the Territory; and/or • Reduce the Reseller's discount.

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