Stratus cloud classified as pannus clouds. Stratus only has one mutatus mother cloud. Stratus stratocumulomutatus clouds occur when stratocumulus opacus patches fuse to create a stratiform layer. Stratus clouds don't produce accessory clouds, but a supplementary feature praecipitatio is derived from Latin, which means "precipitation". Stratus clouds are too low to produce virga, or rain shears that evaporate before reaching the ground. A stratus cloud can form from stratocumulus spreading out under an inversion, indicating a continuation of prolonged cloudy weather with drizzle for several hours and then an improvement as it breaks into stratocumulus. Stratus clouds can persist for days in
Term sheet documents meant to record two or more parties' intentions to enter into a future agreement based on specified (but incomplete or preliminary) terms. The difference between the two is slight and mostly a matter of style: an LOI is typically written in letter form and focuses on the parties' intentions; a term sheet skips most of the formalities and lists deal terms in bullet-point or similar format. There is an implication that an LOI only refers to the final form. A term sheet may be a proposal, not an agreed-to document. Within the context of venture capital financing, a term