Resignation letter for a vice president(4 samples)

This article will list samples of “resignation letters for a vice president.”

How to write a “Vice president resignation letter.”

When writing a vice president resignation letter, these are things to keep in mind.

• You do not need to seek permission to resign from the president. Ensure you read your contract before submitting your resignation letter and give a notice period.

• The first step is to inform the president about leaving the position. Keep the resignation letter short; the essential part is your last day working.

• Indicate why you are leaving; be professional and polite. Resigning on a bad note may affect your future chances of getting hired.

• Offer to help and complete all your pending projects before leaving. Also, thank your employer for the position and the opportunities you have enjoyed during your work period.

Sample 1:

“March 11, 2009

Dr Paul Ashton

President and CEO

pSivida Corp.

400 Pleasant Street

Watertown, MA 02472

Re: Resignation

Dear Paul:

By this letter (this “Resignation Letter”) I hereby resign as Vice President, Finance and Chief Financial Officer of pSivida Corp. (the “Company”), effective as of the close of business on March 20, 2009 (the “Resignation Effective Time”). I also hereby resign, effective as of the Resignation Effective Time, from all offices and other positions, including as a member of fiduciary and other committees, with the Company, the Company’s subsidiaries and the Company’s benefit plans. Subject to the terms and conditions of this Resignation Letter and provided that I have delivered to the Company a release of claims in the form hereto attached as Exhibit A (the “Release”) within 21 days following the Resignation Effective Time and do not revoke the Release within the seven days specified in the Release, the Company hereby agrees to provide me with the benefits and payments described in Section 8(c) of my employment agreement with the Company dated as of May 16, 2006 (my “Employment Agreement”), as amended by this Resignation Letter, as though my employment had been terminated by the Company without Cause or by me for Good Cause, following adequate prior notice, as of the Resignation Effective Time. This Resignation Letter amends my Employment Agreement as follows:

  (1) The requirements under my Employment Agreement for notice before termination of employment will be deemed satisfied by this Resignation Letter.

  (2) The Company will not make any payments described under Section 8(c)(i) of my Employment Agreement. Instead, the Company will pay me a total of $413,149.00 in cash in the following manner: (a) within 2 business days of the effective date of the Release, a lump sum payment of $37,559, and (b) a lump sum payment of $37,559 on each of April 30, 2009, May 31, 2009, June 30, 2009, July 31, 2009, August 31, 2009, September 30, 2009, October 31, 2009, November 30, 2009, December 31, 2009, and January 31, 2010.

(3)

Notwithstanding the terms of any agreement to the contrary, including without limitation the terms of the Non-statutory Stock Option certificate evidencing the stock option granted to me on September 4, 2008, over 100,000 shares of common stock (the “September 4th Option Grant”) and the Non-statutory Stock Option certificate evidencing the stock option granted to me on September 10, 2008, over 10,000 shares of common stock (the “September 10, 2008, Option Grant”), the September 4th Option Grant and the September 10th Option Grant will be deemed to have automatically and immediately vested and become exercisable upon the termination of my employment and, provided the Release becomes effective as provided above, remain exercisable for one (1) year following the Resignation Effective Time. If the Release does not become effective as provided above, the September 4th Option Grant and the September 10th Option Grant will cease to be exercisable on the 28th day following the Resignation Effective Time.

Except as provided in this Resignation Letter, the terms of my Employment Agreement shall continue in full force and effect to the extent provided in my Employment Agreement.

I also agree that I will not disparage the Company or any of its employees, officers, directors or agents in communications with third parties.

I understand that all payments made to me shall be subject to applicable tax withholding and that the Company will not be liable for any additional taxes, or any penalties or interest, concerning any amounts that may be payable to me.

If the Company agrees to these terms, please so indicate by executing this letter agreement in the space indicated below, whereupon my resignation will take effect on the terms indicated above.

/s/ Michael J. Soja

Michael J. Soja

The Company agrees to the terms

hereinabove specified, effective as of

the date of this letter agreement.

/s/ Lori Freedman

By: Lori Freedman

Title:

Vice President, Corporate Affairs,

General Counsel and Secretary”

Sample 2:

Addie James

5555 Jones Avenue

Pismo Beach, CA 55555

February 18, 2021

Ms Dorothy Cline

President

Orange Media House

555 Juniper Way

Arroyo Grande, CA 55555

Dear Ms Cline,

Please accept this letter as formal notification of my resignation from my position as vice president with Orange Media House. My last day will be Friday, Feb. 19.

I am grateful for the valuable experience and the opportunities I received while working at Orange Media House over the past 10 years. It’s been great to work with such talented and helpful colleagues. During my time at Orange Media House, I was able to grow both personally and professionally, which I know will benefit me in my future endeavours.

Please let me know if I can help with the transition process. I’ll do everything possible to complete my duties and train others as needed. I wish you and the staff continued success and hope to stay in touch moving forward.

Sincerely,

Addie James”

Sample 3:

Dear Mr President,

This letter is to inform you of my upcoming resignation from my position as vice president at Smith Communications. I am resigning due to personal reasons, and the effective date of my resignation will be July 15, 2014, so please accept this letter as my official two weeks notice. I truly regret any inconvenience this may cause to you or Smith Communications and wish to do all in my power to make this transition go smoothly.

During my final two weeks at Smith Communications, I will be pleased to either transfer responsibility where appropriate or train a replacement for my position. I will also personally notify the rest of the team of my intentions. If any further discussion is needed in regards to these points, please call me at (555)-555-5555 or email me at [email] I look forward to hearing from you.

I am grateful for the valuable experience and opportunities I have gained during my time at Smith Communications and feel confident that they will help me to achieve success in all of my future endeavors. I wish you, the rest of the staff and Smith Communications every success and hope that our paths may cross again someday. Thank you for your understanding in this matter.

Yours sincerely,

William Jones

William G. Jones

Vice president

Smith Communications”

Sample 4:

“November 21, 1944

My dear Mr President:

It is with inexpressible disappointment that I find it necessary, for considerations of health, to retire from public service. I, therefore, with the utmost regret, tender herewith my resignation as Vice president.

It is a matter of special satisfaction to me that throughout my almost twelve years at the Department of State, our relations have been uniformly and invariably agreeable and that, by our joint efforts, many difficult tasks growing out of the foreign relations of this country before and during this war have been brought to partial or full completion; many great questions have been faced successfully, and many forward movements of surpassing importance to friendly relations among Nations have been instituted.

As the war draws to a close there remains a vast area of complex and difficult conditions and problems which must be dealt with in the months and years immediately ahead. It is a supreme tragedy to me personally that I am unable to continue making my full contribution to such great international undertakings as the creation of the postwar peace organization, the solution of the many other problems involved in the promotion of international cooperation, and the final development of a complete structure of world order under law.

When I recover my strength, I shall individually be always at your service in every possible way.

Sincerely yours,

CORDELL HULL”

Frequently Asked Questions:

Who accepts the resignation of the vice president?

The vice president may resign office by submitting a letter of resignation to the president. The resignation becomes effective from the day it is accepted.

What are the reasons that a vice president resigns?

Some of the reasons that may make a VC retire are:

• Health issues.
• Impeachment.
• Unfavourable working environment.
• Disagreement with the president.

We hope the above blog post was helpful. Please leave your comments and questions below.

Citations

https://www.sec.gov/Archives/edgar/data/1314102/000119312509109778/dex101.htm

https://www.indeed.com/career-advice/starting-new-job/resignation-letter-executive

https://assignmentpoint.com/sample-resignation-letter-to-principal/