When a director submits their resignation letter addressed to the Board of Directors, the company must pass a resolution during a board meeting to formally accept the resignation. This resolution validates the resignation, and upon its passage, the director relinquishes all rights and responsibilities associated with their position in the company.
We provide a customizable format for a Resignation of Director Resolution that companies can use during board meetings to formalize the acceptance of a director’s resignation. This resolution should be drafted on the company’s official letterhead and included in the minutes of the meeting, duly signed by the attending directors.
You can choose the specific document you need, and our experienced lawyers will draft it for you—starting with a free consultation call to understand its importance and tailor it to your business requirements.
Let us draft a Director Resignation Resolution from scratch, fully personalized and customized to suit your specific needs!