Open the document containing the unwanted watermark, click on
View | Header and Footer, click on the watermark to select it,
press the Delete key to delete the selected object, and click on
Close to close the header/footer.

Kathy wrote:

I am using Word 2003. I created 8 documents and put the DRAFT watermark on
each by using FORMAT, BACKGROUND, PRINTED WATERMARK and chose the DRAFT
printed watermark. I was able to easily remove DRAFT from all except one.
It will not come off. When I access the PRINTED WATERMARK window, it shows
"no watermark" and even if I still go through the steps to remove it, nothing
happens . I, and others, have tried everything!

Please help or my document is ruined!

Thanks,