One thing you shouldn't do: "take your principal's word for it" that you can resign without penalty. Only the school board can release you from your contract.Employees in Texas can withdraw their resignation before the effective date of separation according to federal laws. Once you have submitted a written resignation, it may be withdrawn only at the discretion of the department director. The employer is under no obligation to accept the proffered withdrawal of the resignation. You can try to rescind, but they do not necessarily have to accept it. Discuss the Next Steps: Inform the employee about the final paycheck, benefits, and any severance package in compliance with Texas law and company policy. If you are interested in continuing your employment with the business in the interim, there are a couple of steps you need to take: 1. All employees are required to submit a letter of resignation when ending employment. If considering rescission, employers should consider why the employee resigned.