A template is a common set of sections, clauses, text, and placeholders for terms and conditions. Templates can be merged with structured data to generate contracts or proposals. Templates are stored within a template repository and are used to create quotes and contracts. A template can be termed as a blueprint or mold for creating distributable documents.

In a typical scenario where a contract/proposal document is sent to an external party for negotiation, the external party makes changes to the document as part of the negotiation. The following sections describe the features you can use in Templates when working with contract templates.