Resignation of Trustee/Director of Charitable Company Limited By Guarantee
This Resignation of Trustee/Director of Charitable Company Limited By Guarantee is a form of letter which puts into effect the resignation of a trustee/director of a charity in the form of a charitable company.
The letter includes wording to confirm that the trustee/director has no claim for compensation for loss of office against the charity. Where a settlement has been agreed for loss of office, this should be properly documented in a Settlement Agreement.
This form also has words to be included where the Articles of Association of the charity provide that resignation is effective upon its receipt of notification of resignation from the trustee/director. This letter amounts to that notification by the trustee/director.
This letter should be executed as a deed.
This template is in open format. Either enter the requisite details in the highlighted fields or adjust the wording to suit your purposes.
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