Employment Contract
Exhibit
10.1
Party A:
Gulf Resources,
Inc
Party
B: Mr. Nai Xxx
Xxxx
Date:
10 July
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: Xxx Xxxx
Bin
|
(2)
|
Party
B Nai
Xxx Xxxx , Gender: Male
|
Type of
Identity: Non
Agricultural
ID: 370723196808240036
Start
Working Date in Party A: July 10,
2009
Home
Address: No.302, Xxxx
0, Xxxxxxxx Xx.0, Xx.000, Xxxxxxxxxx Xxxxxx, Xxxxxxxxx Xxxx, Xxxxxxxxx Province,
PRC
2
Contract Term
|
(3)
|
The
contract has a fixed term duration.
|
The
contract is effective from July 10, 2009 and
will be terminated on the date of July 11,
2012.
3. Main
Work and Working Location
(4) Party
B agrees to fill in the position as Chief Operating Officer
as needed by Party A.
(5) The
working location is the Chinese real operation
facility of Gulf Resources.
(6) Party
B should be in charge
of the general operation of Gulf Resources, Inc.
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 permit from
related regulator.
(6) The
holidays issued for Party B will follow Chinese Public Holidays
policy.
5.
Compensation
(9) Party
A will pay the monthly compensation to Party B before 20th each
month, the monthly compensation is $2,195 ( RMB
15,000).
6. Other
Welfare
(10)
Party A and B will participate in Chinese Society Insurance Program, Party A
will conduct the procedure for Party B and take certain obligation.
(11) If
Party B is sick or injured during the work, the expenses will following the
related policies by the government.
(12) If
Party B encounters occupational disease or is injured during the work, the
expenses will following the related policies by the government.
7.
Protection of Employment Terms and harm
(15) Due
to the position requirement, Party A prepares the safety conduct and provide
safety goods to Party B complying with government policy and
regulation.
(16) Party
B should comply with Party A’s safety employment policy and prevent illegal
action and accident to reduce occupation risks.
(17)
Party A should enhance occupational disease management and establish related
policies.
8 The
termination of Contract and redeem
(18)
Party A and B terminate or renew the contract should comply with the <Chinese
Employment Contract Law>
(19) When
the contract is terminated, Party A will provide a confirmation letter to Party
B and finish all the related leaving matters within 15 days.
(20)
Party B should pass the work depending the contract requirement, if need to be
redeemed, should be done as working pass.
10. The
conduction of disputant and others
(21) If
there is disputant between two parties, can apply for intermediation to
Intermediation Commission; if the dispute can’t be resolved, can apply to
arbitration commission.
(22) If
there is any conflict to regulation or policies stated by Government and Beijing
local government, can be conducted complying with regulation.
(23)
There are two copies of the contract, each Party holds one copy.
|
Party
A (Signature)
|
Party
B ( Signature)
|
||
|
/s/
Xxxxxx Xxx
|
/s/
Nai Xxx Xxxx
|
Legal
Representative
Date: 11
July 2008
