As mentioned above, it is a legal document, and should be prepared under the direction of a legal expert. However, I think many of you might be feeling that you just want to put together one by yourself for now… But the chances are, you don’t know where to start as it’s, well, a ‘legal’ document. Yuck!
Before getting too overwhelmed by all these details, I recommend checking with a legal expert on this before taking any actions. I am just giving you the information I know. We’re not giving legal counsel here and can’t guarantee that if you follow these steps, you’ll be compliant. You’ll need a lawyer to determine that.