Some directors resign orally and refuse
to submit a
written resignation. In such instances, the resignation
becomes irrevocable once the resignation has been accepted by the
board, i.e., the board sends a confirming written communication to the
director accepting the resignation or records the resignation in the
minutes of an open meeting of the board. The resigning director may
withdraw the resignation if he/she does so before the resignation is
accepted by the board and recorded in the minutes.