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 Term sheet A term sheet is a bullet-point document outlining the material terms and conditions of a business agreement. After a term sheet has been "executed", it guides legal counsel in the preparation of a proposed "final agreement". It then guides, but is not necessarily binding, as the signatories negotiate, usually with legal counsel, the final terms of their agreement. A term sheet implies the conditions of a business transaction, as proposed by a party. It may be either binding or non-binding. Term sheets are very similar to "letters of intent" (LOI) in that they are both preliminary, mostly non-binding