How do I write a succession plan in the form of a contract, law homework help

Assignment:

Part 1:

Select a business entity that can be transferred by the owners and in a minimum of 525 words address the following:

  • Explain why the entity was chosen by the team and how the entity choice supports the overall vision for the business.
  • Outline the role (officer or director) each team member will play in the business, their responsibilities, and why they were selected for the particular role.

Part 2: 

Draft a disciplinary policy for the company. Using at least 350 words, identify employee discrimination risks and analyze how the disciplinary policy will help to mitigate those risks.

Part 3:

Draft a succession plan for the business using at least 350 words. Each team member should have some ownership interest in the business.  Format Part 3 of the assignment like a contract. 

Cite a minimum of 3 scholarly sources.

Format Part 1 of the assignment consistent with APA guidelines. Format Part 2 of the assignment like a company policy. Format Part 3 of the assignment like a contract.  Search the Internet for examples.

Additonal Instruction:

I only need part 3.  The entity is an S corporation.  I would like an intro outlining why succession plans are important prior to the 350 word minimum succession plan written as a contract.  At least one scholarly resource is required.