It is uncommon (or at the least contrary to best practice) to use bulletpoints in contracts. This blog post explains why.
Best practice rule. Do not use bullet points in contracts.
- Bullet points are difficult to address in a conversation. For example, imagine the confusion at the following negotiations discussion: “we disagree with the obligations reflected in bullet point seven and with the fourth sub-bullet point of the second bullet point on page 3. To start with the first…“).
- Indentation is only clear to two levels (i.e. bullets and sub bullets).
- It is impossible to make a cross-reference to a bullet point.
Nevertheless, if you do use bullet points, use an indentation style consistent with the sections or subsections.