Form with which the board of directors of a corporation accepts the resignation of a corporate officer.
Resignation By Director In Suffolk
Category:
State:
Multi-State
County:
Suffolk
Control #:
US-0005-CR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
The probationary period for competitive employees is 26 weeks, except for some traineeships, where it runs the length of the training period. The probationary period for labor and non-competitive positions in the county is usually for a period of one year.
The feedback provided to an employee helps improve performance and skills and identify performance deficiencies. Probationary periods in state service are either six (6) or twelve (12) months, depending on the classification.
The probationary period for administrative employees appointed from open-competitive and promotional civil service lists is typically one (1) year. Exceptions to this one-year probationary term are generally set forth in the Notice of Examination (NOE) announcing the examination that the employee took.
The rule of three states that an appointing authority may choose to appoint any one of the three highest-scoring candidates who are willing to accept the appointment. To fully understand the "rule of three", it is necessary to understand Zone Scoring.
Once the resignation is official, the board usually accepts it formally at a board meeting. The board can't rescind an official resignation without approval from the board. The board should hold off on nominating a replacement board member until the board accepts the resignation.
Even after stepping down, a resigned director remains accountable for any offences committed during their term. A director can step down from their position by submitting a written resignation to the company. Upon receiving this resignation, the Board is required to acknowledge it formally.
So why your resignation needs to be accepted? You resign and provide the notice as per company policy and that's it. It has nothing to do whether your manager or manager's manager accept it or not unless they are going to provide you a counter offer(acceptable to you) in a reasonable time.
The resignation need not be accepted by the board for it to be effective. In addition, the company will have to lodge a prescribed notice of the director's vacation of office (whether by resignation or otherwise) with the Registrar within one month of a person ceasing to be a director of the company.
Once you've submitted your letter, prepare for the board to formally acknowledge and accept your resignation. Depending on the organization, this may involve a vote or formal acceptance during the next board meeting.
Tell your fellow directors you want to resign Ideally this should take the form of a written notice, either left at or send to the company's registered office, stating your intention to resign and the date this is to be effective from.
