Board Member Letter Of Resignation With Indemnity

Are you a board member looking to resign from your position with indemnity protection? In this article, we will discuss the attributes of a Board Member Letter Of Resignation With Indemnity and provide examples that you can customize to fit your specific situation.

Attributes of a Board Member Letter Of Resignation With Indemnity

• Clear Statement of Resignation: The letter should clearly state your intention to resign from your position as a board member.
• Effective Date of Resignation: Include the date when your resignation will take effect to allow for a smooth transition.
• Reason for Resignation: While not always necessary, you may choose to include a brief explanation for your decision to resign.
• Expression of Gratitude: It is advisable to express gratitude for the opportunity to serve on the board and any positive experiences you had during your tenure.
• Request for Indemnity Protection: Clearly state your request for indemnity protection, which ensures that you will not be held personally liable for any actions taken during your time as a board member.

Example of Board Member Letter Of Resignation With Indemnity

Dear [Recipient’s Name],

I am writing to formally submit my resignation as a board member, effective [Effective Date of Resignation]. After careful consideration, I have decided to step down from my position due to personal reasons.

I would like to take this opportunity to express my gratitude for the chance to serve on the board and contribute to the organization’s mission. I have valued the relationships I have formed and the experiences I have gained during my time as a board member.

As I resign from my position, I kindly request indemnity protection to ensure that I am not held personally liable for any decisions made or actions taken during my tenure on the board. I trust that this request will be honored in accordance with the organization’s policies and procedures.

Thank you for your understanding and cooperation in this matter. Please let me know if there are any additional steps I need to take to facilitate a smooth transition.

Sincerely,

[Your Name]