(a) A collaborative law participation agreement shall:
(1) Be in a record;
(2) Be signed by the parties;
(3) State the parties' intention to resolve a collaborative matter through a collaborative law process under this chapter;
(4) Describe the nature and scope of the matter;
(5) Identify the collaborative lawyer who represents each party in the process; and
(6) Contain a statement by each collaborative lawyer confirming the lawyer's representation of a party in the collaborative law process.
(b) Parties may agree to include in a collaborative law participation agreement additional provisions not inconsistent with this chapter.