From the thread attached to this:
Much of the details are what we reported last night: Pelosi agrees to support term limits for *top three* Democratic leaders, will whip to get the support in caucus
If caucus ultimately votes against the proposal, Pelosi is expected to abide by the limits anyway, according to several sources
Top three leaders would be able to serve three terms with an option for a fourth term if they can win 2/3rds of the caucusAND, like we reported last night, it would be retroactive, meaning two terms Pelosi, Hoyer & Clyburn led in the majority would count against them