Christopher Nelson Resignation Letter to Cyclone Power Technologies, Inc.

Contract Categories: Human Resources › Separation Agreements
Summary

Christopher Nelson formally resigns as President of Cyclone Power Technologies, Inc., effective July 17, 2014. He confirms that his last day on the company payroll was May 31, 2014, and acknowledges that he is not owed any salary for the period from June 1 to July 17, 2014. The letter is addressed to the company's Board of Directors and serves as official notice of his resignation.

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EX-10.40 3 ex10-40.htm

 

CHRISTOPHER NELSON

1182 CANOE POINT

DELRAY BEACH, FL 33444

 

July 17, 2014

 

Cyclone Power Technologies Inc.

Attn: Frankie Fruge / Board of Directors

601 NE 26th Ct.

Pompano Beach, FL 33480

 

Dear Ms. Fruge:

 

I hereby tender my resignation as President of cyclone Power Technologies, Inc. effective as of 5.:00pm EDT on July 17, 2014. I acknowledge that the last day for which I was on the cyclone payroll for receipt of salary was May 31, 2014. I am owed no salary from June 1 through July 17, 2014.

 

Thank you.

 

  Sincerely,
   
  Christopher Nelson