Company: GURE
Filing Date: 2025-07-03
Form Type: S-3
Source: 0001193805-25-000970
Chunk: 24

Company: GULF RESOURCES, INC.
Filing Date: 2025-07-03
Form: S-3
Chunk 24
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 persons in their capacities as officers and directors, so long as such persons acted in good faith and in a manner which they reasonably
believed to be in our best interests. If the legal proceeding, however, is by or in our right, the director or officer may not be indemnified
in respect of any claim, issue or matter as to which he is adjudged to be liable for negligence or misconduct in the performance of his
duty to us unless a court determines otherwise.

Under Nevada law, corporations
may also purchase and maintain insurance or make other financial arrangements on behalf of any person who is or was a director or officer
(or is serving at our request as a director or officer of another corporation) for any liability asserted against such person and any
expenses incurred by him in his capacity as a director or officer. These financial arrangements may include trust funds, self-insurance
programs, guarantees and insurance policies.

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Additionally, our Bylaws (“”),
provide that we shall indemnify our directors and officers to the fullest extent not prohibited by the Nevada Revised Statutes; and, provided,
further, that we are not required to indemnify any director or officer in connection with any proceeding (or part thereof) initiated by
such person unless (i) such indemnification is expressly required to be made by law, (ii) the proceeding was authorized by the Board of
Directors, (iii) such indemnification is provided by the Company, in its sole discretion, pursuant to the powers vested in the Company
under the Nevada Revised Statutes or (iv) such indemnification is required to be made pursuant to the terms of the Bylaws. We also have
the power to indemnify our employees and other agents as set forth in the Nevada Revised Statutes.

Our
Bylaws also provide that we are required to advance to any person who was or is a party or is threatened to be made a party to any threatened,
pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative, by reason of the fact that
he is or was a director or officer, of the corporation, or is or was serving at the request of the Company as a director or executive
officer of another corporation, partnership, joint venture, trust or other enterprise, prior to the final disposition of the proceeding,
promptly following request therefor, all expenses incurred by any director or officer in connection with such proceeding upon receipt
of an undertaking by or on behalf of