A resigning director can use this Director's Letter of Resignation to notify the company and other directors of the decision to resign. It is commonly used with the Directors' Resolution to Appoint Directors and/or Acknowledge Resignation of Directors.
If you are a director who is about to resign, you can do it professionally with a Director's Letter of Resignation. This document helps ease the transition between appointments. You might want to move on from your company or retire. A Director's Letter of Resignation will give your company a formal notification of your resignation.
By drafting a Director's Letter of Resignation, you can notify your company and other directors of your decision. It can also give your company time to look for your replacement.
When drafting a Director's Letter of Resignation, it is important to focus on a number of key clauses, in particular: