Company: GURE
Filing Date: 2025-07-16
Form Type: PRE 14A
Source: 0001193805-25-001026
Chunk: 54

Company: GULF RESOURCES, INC.
Filing Date: 2025-07-16
Form: PRE 14A
Chunk 54
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 or her
own Award.

4.2. Subject to the other provisions of the Plan, the Committee shall have the sole authority, in its discretion, to
make all determinations under the Plan, including but not limited to (i) determining which Employees, Directors or Consultants shall receive
an Award, (ii) the time or times when an Award shall be made (the date of grant of an Award shall be the date on which the Award is awarded
by the Committee), (iii) what type of Award shall be granted, (iv) the term of an Award, (v) the date or dates on which an Award vests,
(vi) the form of any payment to be made pursuant to an Award, (vii) the terms and conditions of an Award (including the forfeiture of
the Award, and/or any financial gain, if the Holder of the Award violates any applicable restrictive covenant thereof), (viii) the Restrictions
under a Restricted Stock Award, (ix) the number of Shares which may be issued under an Award, (x) Performance Goals applicable to any
Award and certification of the achievement of such goals, and (xi) the waiver of any Restrictions or Performance Goals, subject in all
cases to compliance with applicable laws. In making such determinations the Committee may take into account the nature of the services
rendered by the respective Employees, Directors and Consultants, their present and potential contribution to the Company’s (or the
Affiliate’s) success and such other factors as the Committee in its discretion may deem relevant.

Gulf Resources, Inc. 2025 Stock Incentive Plan

4.3. The Committee shall have such additional powers as are delegated to it under the other provisions of
the Plan. Subject to the express provisions of the Plan, the Committee is authorized to construe the Plan and the respective Award Agreements
executed hereunder, to prescribe such rules and regulations relating to the Plan as it may deem advisable to carry out the intent of the
Plan, to determine the terms, restrictions and provisions of each Award and to make all other determinations necessary or advisable for
administering the Plan. The Committee may correct any defect or supply any omission or reconcile any inconsistency in any Award Agreement
in the manner and to the extent the Committee shall deem necessary, appropriate or expedient to carry it into effect. The determinations
of the Committee on the matters referred to in this Article IV shall be conclusive and binding on the Company and all Holders.