Exhibit 99.1
RETIREMENT FROM BOARD
October 20, 2010
To the Board of Directors of
Kensey Nash Corporation:
I hereby confirm my retirement from the Board of Directors (the “Board”) of Kensey Nash Corporation, a Delaware corporation (the “Corporation”), and from each committee of the Board on which I serve, effective immediately prior to the Corporation’s 2010 Annual Meeting of Stockholders. I look forward to continuing my association with the Corporation as a consultant for a period of 12 months following the effective date of my retirement as a director, on the agreed upon terms. I understand that the Corporation will be sending to me a consulting agreement for my review and execution.
Very truly yours, |
/s/ Harold N. Chefitz |
Harold N. Chefitz |