Skip to main content
Deals & Partnerships

Common Paper Term Sheet

A term sheet template for outlining key business terms, based on Common Paper's standard form. A simple topic-and-details format for early-stage deal discussions.

13 fields CC-BY-4.0 Common Paper

Fill this template

Claude Code

Ask Claude directly — the MCP connector handles everything:

Fill the common-paper-term-sheet template for my company

CLI

npx open-agreements fill common-paper-term-sheet -d values.json -o output.docx

Fields (13)

Parties

FieldTypeDescription
Company Name string Official name of the company

Terms

FieldTypeDescription
Topic string Topic or subject area of the term
Topic Details string Details about the topic

Signature Block

FieldTypeDescription
Party 1 Signatory Type enum Whether the first party signatory is an entity or individual
Party 1 Signatory Name string Full legal name of the first party's signatory
Party 1 Signatory Title string Title/role of the first party's signatory (entity only)
Party 1 Signatory Company string Company name for the first party signatory (entity only)
Party 1 Signatory Email string Notice email address for the first party
Party 2 Signatory Type enum Whether the second party signatory is an entity or individual
Party 2 Signatory Name string Full legal name of the second party's signatory
Party 2 Signatory Title string Title/role of the second party's signatory (entity only)
Party 2 Signatory Company string Company name for the second party signatory (entity only)
Party 2 Signatory Email string Notice email address for the second party

Browse all templates

42 free contract templates for NDAs, employment agreements, SAFEs, financing documents, and more.

View all templates →