[November 2, 2010 To: Mr. Ming Yang Chairman Gulf Resources, Inc. Dear Mr. Yang: th Please accept this as my formal resignation from the board of Gulf Resources effective at the end of my current term on November 6 I wish you and the company continued success in the future and enjoyed working with you and the management at Gulf.] [AGREEMENT THIS AGREEMENT (“Agreement”) is entered into and is effective as of November 8, 2010, by and between Gulf Resources, Inc, a Delaware corporation (“GUFR”) and Mr. Nan Li, an individual resident in Shenzhen, Guangdong Province, P.R. China. (“Mr. Li”). Preliminary Statement Appointment 1. Compensation 2. b. Committees. The Board of Directors has appointed Mr. Li, and Mr. Li has] [AGREEMENT THIS AGREEMENT (“Agreement”) is entered into and is effective as of November 8, 2010, by and between Gulf Resources, Inc, a Delaware corporation (“GUFR”) and Richard Khaleel, an individual resident in the State of New York (“Khaleel”). Preliminary Statement Appointment 1. Compensation 2. a. Directors’ Fees. GUFR will pay Khaleel a director’s fee of $32,500 per annum, payable in] [ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS. On November 8, 2010, the Company, appointed Mr. Nan Li to serve as an independent director of the Company, and as a member of the Audit and Compensation Committees of the Board of Directors of the Company. The appointment of]