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Employment Contract

Employee Retention Agreement

Employment Contract | Document Parties: GULF RESOURCES, INC. You are currently viewing:
This Employee Retention Agreement involves

GULF RESOURCES, INC.

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Title: Employment Contract
Date: 3/16/2009
Industry: Chemical Manufacturing     Sector: Basic Materials

Employment Contract, Parties: gulf resources  inc.
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Exhibit 10.1

 

-Unofficial Translation-

 

Employment Contract

 

Party A: Gulf Resources, Inc

Party B: Mr. Liu Xiaobin

Date: 12 March 2009

Comply with the <Chinese Employment Law>, <Chinese Employment Contract Law> and related regulation and law, both Party A and Party B agree to sign the contract and will comply with the all the clauses listed in this contract.

 

1. Basic Information

 

(1)  

Party A:   Gulf Resources, Inc

Legal Representative:   Yang Ming

 

(2)  

Party B   Liu Xiaobin   , Gender: Male

Type of Identity: Non Agricultural

ID:   612322196805132017

Start Working Date in Party A: March 12, 2009

Home Address: No.6 C, Building 17,Hongrui Park, Nanshan District, Shenzhen City, Guangdong Province,PRC

2 Contract Term

 

2.

The contract has a fixed term duration.

(3)

The contract start being effective from March 12, 2009 and will be terminated on the date of March 11,2012 .

 

3. Main Work and Working Location

(4) Party B agrees to fill in the position as Director of the Board and CEO as needed by Party A.

 

(5) The working location is the Chinese real operation facility of Gulf Resources .

 

(6) The working of Party B should lead Gulf moving to NASDAQ through following US requirements.

 

4 .Working hours and Holidays

(7) Party A will arrange a fixed working schedule of Party B. Party B will not work over 8 hours per day, not over 40 hours a week. If the workload of Party B over the stated time or have temporary work, Party A should obtain the


 
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