Title.

Opening paragraph that frames the document's purpose. What it records, who it is between, what it does and does not commit. Italicised by default to read as a frame rather than substance. Note on this draft. Optional caveat box for "what this version is for" or status caveats. Lifts a single clarifying point above the body.

AFirst Section Name

1. 1
   Clause labelBody of the clause. One or two sentences in plain English. The bold label leads with the term being defined; the en-dash separator and the body follow.
2. 2
   Second clauseBody of the second clause. Continue numbering across the document for ease of citation later.
3. 3
   Third clauseBody of the third clause.

BSection With Open Items

1. 4
   Settled clauseBody of the clause. This one is agreed.
2. 5
   Open clauseBody of the clause. This one is still under negotiation; the visual treatment marks it for the audience.

   For discussion
3. 6
   Another open clauseAdjacent open clauses stack tightly together — the visual treatment carries the connection.

   For discussion

CSection With A Table

1. 7
   Table introductionOne sentence introducing the table below. Then the table itself sits within the same .body, with the caveat note immediately after.

   Row label	Col 1	Col 2	Col 3	Col 4
   Holder one	50.0%	42.5%	36.1%	34.4%
   Holder two	50.0%	42.5%	36.1%	34.4%
   Holder three	—	15.0%	12.8%	12.1%
   Holder four	—	—	15.0%	14.3%
   Holder five	—	—	—	4.8%
   Total	100%	100%	100%	100%

   Optional explanatory note beneath the table. Use for assumptions, qualifications, or sources.

DSubsequent Section

1. 8
   Continuing clauseThe deck of clauses continues. Most term sheets need 60–90 clauses across 10–14 lettered sections.