Ayesha Khalique

432 1st Ave

Saint Paul, MN 91011

15 December 20XX

Michael Peltier

HR Manager

Arbitrage Financial

234 5th Ave, Madison

Madison, WI 12131

Dear Recipient Name:

It is with regret that I tender my resignation from the Arbitrage Financial board of directors, effective immediately.

I am grateful for having had the opportunity to serve on the board of this fine organization for the past 5 years, and I offer my best wishes for its continued success.

Sincerely,

Ayesha Khalique

Vice Chairperson