<SEC-DOCUMENT>0001206774-17-000662.txt : 20170303
<SEC-HEADER>0001206774-17-000662.hdr.sgml : 20170303
<ACCEPTANCE-DATETIME>20170303073021
ACCESSION NUMBER:		0001206774-17-000662
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20170302
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20170303
DATE AS OF CHANGE:		20170303

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GERON CORP
		CENTRAL INDEX KEY:			0000886744
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		IRS NUMBER:				752287752
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-20859
		FILM NUMBER:		17661489

	BUSINESS ADDRESS:	
		STREET 1:		149 COMMONWEALTH DRIVE
		STREET 2:		SUITE 2070
		CITY:			MENLO PARK
		STATE:			CA
		ZIP:			94025
		BUSINESS PHONE:		6504737700

	MAIL ADDRESS:	
		STREET 1:		149 COMMONWEALTH DRIVE
		STREET 2:		SUITE 2070
		CITY:			MENLO PARK
		STATE:			CA
		ZIP:			94025

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GERON CORPORATION
		DATE OF NAME CHANGE:	19960521
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>geron3126138-8k.htm
<DESCRIPTION>CURRENT REPORT
<TEXT>

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<P align=center><B><FONT face="Times New Roman" size=2>UNITED
STATES<BR></FONT></B><B><FONT face="Times New Roman" size=2>SECURITIES AND
EXCHANGE COMMISSION<BR>WASHINGTON, D.C. 20549 <BR>___________<BR></FONT></B></P>
<P align=center><B><FONT face="Times New Roman" size=2>FORM 8-K </FONT></B></P>
<P align=center><B><FONT face="Times New Roman" size=2>CURRENT
REPORT<BR></FONT></B><B><FONT face="Times New Roman" size=2>PURSUANT TO SECTION
13 OR 15(d) OF THE<BR>SECURITIES EXCHANGE ACT OF 1934</FONT></B></P>
<P align=center><FONT face="Times New Roman" size=2>Date of Report (Date of
earliest event reported): </FONT><B><FONT face="Times New Roman" size=2>March 2,
2017</FONT></B></P>
<P align=center><B><FONT face="Times New Roman" size=2>GERON
CORPORATION<BR></FONT></B><FONT face="Times New Roman" size=2>(Exact name of
registrant as specified in its charter) </FONT></P>
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    <TD noWrap style="text-align: center" width="33%"><B><FONT face="Times New Roman" size=2>Delaware</FONT></B></TD>
    <TD noWrap style="text-align: center" width="33%"><B><FONT face="Times New Roman" size=2>0-20859</FONT></B></TD>
    <TD noWrap style="text-align: center" width="33%"><B><FONT face="Times New Roman" size=2>75-2287752</FONT></B></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap style="text-align: center" width="33%"><FONT face="Times New Roman" size=2>(State or
      other jurisdiction</FONT></TD>
    <TD noWrap style="text-align: center" width="33%"><FONT face="Times New Roman" size=2>(Commission
      File Number)</FONT></TD>
    <TD noWrap style="text-align: center" width="33%"><FONT face="Times New Roman" size=2>(IRS
      Employer</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap style="text-align: center" width="33%"><FONT face="Times New Roman" size=2>of
      incorporation)</FONT></TD>
    <TD noWrap style="text-align: center" width="33%"></TD>
    <TD noWrap style="text-align: center" width="33%"><FONT face="Times New Roman" size=2>Identification
No.)</FONT></TD></TR></TABLE><BR>
<P align=center><B><FONT face="Times New Roman" size=2>149 COMMONWEALTH DRIVE,
SUITE 2070<BR>MENLO PARK, CALIFORNIA 94025<BR></FONT></B><FONT face="Times New Roman" size=2>(Address of principal executive offices, including
zip code) </FONT></P>
<P align=center><B><FONT face="Times New Roman" size=2>(650)
473-7700<BR></FONT></B><FONT face="Times New Roman" size=2>(Registrant&#146;s
telephone number, including area code) </FONT></P>
<P align=left><FONT face="Times New Roman" size=2>Check the appropriate box
below if the Form 8-K filing is intended to simultaneously satisfy the filing
obligation of the registrant under any of the following provisions: </FONT></P>
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    <TD vAlign=top noWrap align=left width="1%"><FONT size=2 face="Times New Roman">&#9744;</FONT></TD>
    <TD vAlign=top noWrap align=left width="1%"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD vAlign=top align=left width="98%"><FONT face="Times New Roman" size=2>Written communications pursuant to Rule 425 under the
      Securities Act (17 CFR 230.425)</FONT></TD></TR>
  <TR>
    <TD vAlign=top noWrap align=left width="1%"></TD>
    <TD vAlign=top noWrap align=left width="1%"></TD>
    <TD vAlign=top align=left width="98%">&nbsp;</TD></TR>
  <TR vAlign=bottom>
    <TD vAlign=top noWrap align=left width="1%"><FONT size=2 face="Times New Roman">&#9744;</FONT></TD>
    <TD vAlign=top noWrap align=left width="1%"></TD>
    <TD vAlign=top align=left width="98%"><FONT face="Times New Roman" size=2>Soliciting material pursuant to Rule 14a-12 under the
      Exchange Act (17 CFR 240.14a-12)</FONT></TD></TR>
  <TR>
    <TD vAlign=top noWrap align=left width="1%"></TD>
    <TD vAlign=top noWrap align=left width="1%"></TD>
    <TD vAlign=top align=left width="98%">&nbsp;</TD></TR>
  <TR vAlign=bottom>
    <TD vAlign=top noWrap align=left width="1%"><FONT size=2 face="Times New Roman">&#9744;</FONT></TD>
    <TD vAlign=top noWrap align=left width="1%"></TD>
    <TD vAlign=top align=left width="98%"><FONT face="Times New Roman" size=2>Pre-commencement communications pursuant to Rule 14d-2(b)
      under the Exchange Act (17 CFR 240.14d-2(b))</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD vAlign=top noWrap align=left width="1%"></TD>
    <TD vAlign=top noWrap align=left width="1%"></TD>
    <TD vAlign=top align=left width="98%">&nbsp;</TD></TR>
  <TR vAlign=bottom>
    <TD vAlign=top noWrap align=left width="1%"><FONT size=2 face="Times New Roman">&#9744;</FONT></TD>
    <TD vAlign=top noWrap align=left width="1%"></TD>
    <TD vAlign=top align=left width="98%"><FONT face="Times New Roman" size=2>Pre-commencement communications pursuant to Rule 13e-4(c)
      under the Exchange Act (17 CFR
240.13e-4(c))</FONT></TD></TR></TABLE><BR>
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<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P align=left><B><FONT face="Times New Roman" size=2>Item 8.01 Other
Events</FONT></B></P>
<P align=left><FONT face="Times New Roman" size=2>As previously reported, Geron
Corporation (the &#147;Company&#148; or &#147;Geron&#148;) and certain of its officers have been
named as defendants in a consolidated class action securities lawsuit pending in
the United States District Court for the Northern District of California (the &#147;California District Court&#148;). The
securities class action lawsuit, captioned</FONT><I><FONT face="Times New Roman" size=2> In re Geron Corporation Securities Litigation</FONT></I><FONT face="Times New Roman" size=2>, Case No. 3:14-cv-01224-CRB (the &#147;Securities
Class Action&#148;), was initially filed in the California District Court on March
14, 2014 by certain stockholders of the Company on behalf of a class consisting
of purchasers of the Company&#146;s common stock during the period from December 10,
2012, through and including March 11, 2014 (the &#147;Proposed Class
Period&#148;).</FONT></P>
<P align=left><FONT face="Times New Roman" size=2>On March 2, 2017, the parties
to the Securities Class Action, through their respective counsel, executed a
Stipulation and Agreement of Settlement (the &#147;Stipulation&#148;) and related
documents formalizing an agreement to settle the Securities Class Action. Under
the Stipulation, in exchange for the dismissal with prejudice of all claims
against all defendants in connection with the Securities Class Action, the
Company has agreed to settle the Securities Class Action for $6.25 million in
cash. The Company expects $6.0 million of the settlement amount to be paid by
the Company&#146;s insurance providers and the remaining $250,000 to be paid by the
Company. The settlement does not constitute any admission of fault or wrongdoing
by the Company or any of the individual defendants.</FONT></P>
<P align=left><FONT face="Times New Roman" size=2>On March 2, 2017, plaintiff&#146;s
counsel filed a motion seeking preliminary approval of the terms and conditions
of the settlement and the form of notice to all record holders and beneficial
owners of the Company&#146;s common stock during the Proposed Class Period (the
&#147;Notice&#148;), which included the Stipulation and related documents. The Notice
filed by plaintiff&#146;s counsel includes, among other things, the general terms of
the settlement, the proposed plan of allocation of the settlement amount, and
the terms of the plaintiff&#146;s counsel fee application. The proposed settlement
and the Stipulation remain subject to approval by the California District Court
and certain other conditions.</FONT></P>
<P align=left><FONT face="Times New Roman" size=2>The foregoing summary
description of the Stipulation is qualified in its entirety by the Stipulation
itself, a copy of which is attached hereto as Exhibit 99.1. </FONT></P>
<P align=center><FONT face="Times New Roman" size=2>1</FONT></P>
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<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P align=left><B><FONT face="Times New Roman" size=2>Use of Forward-Looking
Statements </FONT></B></P>
<P align=left><FONT face="Times New Roman" size=2>Except for the historical
information contained herein, this Current Report on Form 8-K contains
forward-looking statements made pursuant to the &#147;safe harbor&#148; provisions of the
Private Securities Litigation Reform Act of 1995. Investors are cautioned that
statements in this Current Report on Form 8-K regarding (i) the ability to
secure final approval of the settlement from the California District Court; (ii)
the extent to which individual claimants opt out of the class and pursue
individual claims; (iii) the ability to overcome any objections or appeals
regarding the settlement; (iv) payment of the settlement amount by the Company&#146;s
insurance providers; (v) other risks described in the Company&#146;s Annual Report on
Form 10-K for the year ended December 31, 2016, and future filings and reports
by the Company; and (vi) other statements that are not historical facts,
constitute forward-looking statements. These statements involve risks and
uncertainties that can cause actual results to differ materially from those in
such forward-looking statements. These risks and uncertainties, include, without
limitation, risks and uncertainties related to: (i) the settlement not having
the expected impact, including resolving the Securities Class Action; (ii) the
settlement requiring more activity or expense than expected; (iii) compliance by
the Company&#146;s insurance providers with the terms of the settlement and on a
</FONT><FONT face="Times New Roman" size=2>timely basis; and (iv) satisfactory
resolution of pending and any future litigation or other disagreements with
others. Additional information and factors that could cause actual results to
differ materially from those in the forward-looking statements are contained in
Geron&#146;s periodic reports filed with the United States Securities and Exchange
Commission under the heading &#147;Risk Factors,&#148; including Geron&#146;s annual report on
Form 10-K for the year ended December 31, 2016. Undue reliance should not be
placed on forward-looking statements, which speak only as of the date they are
made, and the facts and assumptions underlying the forward-looking statements
may change. Except as required by law, Geron disclaims any obligation to update
these forward-looking statements to reflect future information, events or
circumstances.</FONT></P>
<P align=left><B><FONT face="Times New Roman" size=2>Item 9.01 Financial
Statements and Exhibits</FONT></B></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>(d) Exhibits </FONT></P>
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    <TD noWrap style="text-align: center" width="1%"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="1%"><B><FONT face="Times New Roman" size=2>Exhibit No.</FONT></B></TD>
    <TD NOWRAP STYLE="text-align: left; width: 1%; border-bottom: Black 1pt solid">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="96%"><B><FONT face="Times New Roman" size=2>Description</FONT></B></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap style="text-align: center" width="1%"></TD>
    <TD noWrap style="text-align: center" width="1%" bgColor=#c0c0c0><FONT face="Times New Roman" size=2>99.1</FONT></TD>
    <TD noWrap align=left width="1%" bgColor=#c0c0c0></TD>
    <TD noWrap align=left width="96%" bgColor=#c0c0c0><FONT face="Times New Roman" size=2>Stipulation
      and Agreement of Settlement</FONT></TD></TR></TABLE><BR>
<P align=center><FONT face="Times New Roman" size=2>2</FONT></P>
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<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P align=center><B><FONT face="Times New Roman" size=2>SIGNATURE </FONT></B></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this
report to be signed on its behalf by the undersigned hereunto duly authorized.
</FONT></P>
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    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="49%" colSpan=2><FONT face="Times New Roman" size=2>GERON
      CORPORATION</FONT></TD></TR>
  <TR>
    <TD width="100%" colSpan=4>&nbsp;</TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"><FONT face="Times New Roman" size=2>Date: March
      3, 2017</FONT></TD>
    <TD noWrap align=left width="1%"><FONT face="Times New Roman" size=2>By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="49%" colSpan=2><FONT face="Times New Roman" size=2>/s/ Stephen N. Rosenfield</FONT></TD></TR>
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    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="1%"><FONT face="Times New Roman" size=2>Name:&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD noWrap align=left width="48%"><FONT face="Times New Roman" size=2>Stephen N.
      Rosenfield</FONT></TD></TR>
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    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="1%"><FONT face="Times New Roman" size=2>Title:</FONT></TD>
    <TD noWrap align=left width="48%"><FONT face="Times New Roman" size=2>Executive
      Vice President,</FONT></TD></TR>
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    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="48%"><FONT face="Times New Roman" size=2>General
      Counsel and</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="48%"><FONT face="Times New Roman" size=2>Corporate
      Secretary</FONT></TD></TR></TABLE><BR>
<P align=center><FONT face="Times New Roman" size=2>3</FONT></P>
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<P align=center><B><FONT face="Times New Roman" size=2>EXHIBIT
INDEX</FONT></B></P>
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    <TD noWrap style="text-align: center" width="1%"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="1%"><B><FONT face="Times New Roman" size=2>Exhibit No.</FONT></B></TD>
    <TD NOWRAP STYLE="text-align: left; width: 1%; border-bottom: Black 1pt solid">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="96%"><B><FONT face="Times New Roman" size=2>Description</FONT></B></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap style="text-align: center" width="1%"></TD>
    <TD noWrap style="text-align: center" width="1%" bgColor=#c0c0c0><FONT face="Times New Roman" size=2>99.1</FONT></TD>
    <TD noWrap align=left width="1%" bgColor=#c0c0c0></TD>
    <TD noWrap align=left width="96%" bgColor=#c0c0c0><FONT face="Times New Roman" size=2>Stipulation
      and Agreement of Settlement</FONT></TD></TR></TABLE><BR>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>geron3126138-ex991.htm
<DESCRIPTION>STIPULATION AND AGREEMENT OF SETTLEMENT
<TEXT>

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<P align=right><B><FONT face="Times New Roman" size=2>EXHIBIT 99.1
</FONT></B></P>
<P align=center><B><FONT face="Times New Roman" size=2>Stipulation and Agreement
of Settlement </FONT></B></P>
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    <TD noWrap align=left width="100%" colSpan=2><FONT face="Times New Roman" size=2>Richard W. Gonnello (admitted </FONT><I><FONT face="Times New Roman" size=2>pro hac vice</FONT></I><FONT face="Times New Roman" size=2>)</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="100%" colSpan=2><FONT face="Times New Roman" size=2>Megan M. Sullivan (admitted </FONT><I><FONT face="Times New Roman" size=2>pro hac vice</FONT></I><FONT face="Times New Roman" size=2>)</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="100%" colSpan=2><FONT face="Times New Roman" size=2>Katherine M. Lenahan (admitted </FONT><I><FONT face="Times New Roman" size=2>pro hac vice</FONT></I><FONT face="Times New Roman" size=2>)</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="100%" colSpan=2><B><FONT face="Times New Roman" size=2>FARUQI &amp; FARUQI,
    LLP</FONT></B></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="100%" colSpan=2><FONT face="Times New Roman" size=2>685 Third Avenue, 26th Floor</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="100%" colSpan=2><FONT face="Times New Roman" size=2>New York, NY 10017</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="100%" colSpan=2><FONT face="Times New Roman" size=2>Telephone: 212-983-9330</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="100%" colSpan=2><FONT face="Times New Roman" size=2>Facsimile: 212-983-9331</FONT></TD></TR>
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    <TD noWrap align=left width="1%"><FONT size=2 face="Times New Roman">Email:&nbsp;</FONT></TD>
    <TD noWrap align=left width="99%"><FONT face="Times New Roman" size=2>rgonnello@faruqilaw.com</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="99%"><FONT face="Times New Roman" size=2>msullivan@faruqilaw.com</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="99%"><FONT face="Times New Roman" size=2>klenahan@faruqilaw.com</FONT></TD></TR>
  <TR>
    <TD width="100%" colSpan=2>&nbsp;</TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="100%" colSpan=2><FONT face="Times New Roman" size=2>Barbara Rohr SBN 273353</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="100%" colSpan=2><B><FONT face="Times New Roman" size=2>FARUQI &amp; FARUQI,
    LLP</FONT></B></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="100%" colSpan=2><FONT face="Times New Roman" size=2>10866 Wilshire Boulevard, Suite
  1470</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="100%" colSpan=2><FONT face="Times New Roman" size=2>Los Angeles, CA 90024</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="100%" colSpan=2><FONT face="Times New Roman" size=2>Telephone: 424-256-2884</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="100%" colSpan=2><FONT face="Times New Roman" size=2>Facsimile: 424-256-2885</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="100%" colSpan=2><FONT face="Times New Roman" size=2>Email:
brohr@faruqilaw.com</FONT></TD></TR></TABLE><BR>
<P align=justify><I><FONT face="Times New Roman" size=2>Attorneys for Lead
Plaintiff Vinod Patel </FONT></I></P>
<P align=justify><FONT face="Times New Roman" size=2>Additional Counsel on
Signature Page </FONT></P>
<P STYLE="text-align: center"><FONT face="Times New Roman" size=2>UNITED STATES DISTRICT
COURT </FONT></P>
<P STYLE="text-align: center"><FONT face="Times New Roman" size=2>NORTHERN DISTRICT OF
CALIFORNIA </FONT></P>
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    <TD style="BORDER-RIGHT: #000000 1pt solid; BORDER-TOP: #000000 1pt solid" noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="1%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD noWrap align=left width="49%"><FONT face="Times New Roman" size=2>CA No.
      3:14-CV-01224 (CRB)</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD style="BORDER-RIGHT: #000000 1pt solid" noWrap align=left width="50%"><FONT face="Times New Roman" size=2>In re: GERON CORPORATION SECURITIES</FONT></TD>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="49%"></TD></TR>
  <TR vAlign=bottom>
    <TD style="BORDER-RIGHT: #000000 1pt solid" noWrap align=left width="50%"><FONT face="Times New Roman" size=2>LITIGATION</FONT></TD>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="49%"></TD></TR>
  <TR>
    <TD style="BORDER-RIGHT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="50%">&nbsp;</TD>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="49%"></TD></TR>
  <TR>
    <TD style="BORDER-RIGHT: #000000 1pt solid" noWrap align=left width="50%">&nbsp;</TD>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="49%"></TD></TR>
  <TR vAlign=bottom>
    <TD style="BORDER-RIGHT: #000000 1pt solid" noWrap align=left width="50%"><FONT face="Times New Roman" size=2>This Document Relates To:</FONT></TD>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="49%"></TD></TR>
  <TR vAlign=bottom>
    <TD style="BORDER-RIGHT: #000000 1pt solid" noWrap align=left width="50%">&nbsp;</TD>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="49%"></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP ALIGN="LEFT" WIDTH="50%" STYLE="border-right: #000000 1pt solid; text-align: center"><FONT face="Times New Roman" size=2>ALL ACTIONS</FONT></TD>
    <TD noWrap align=left width="1%"></TD>
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    <TD style="BORDER-RIGHT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="50%">&nbsp;</TD>
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<P align=center><B><U><FONT face="Times New Roman" size=2>STIPULATION AND
AGREEMENT OF SETTLEMENT</FONT></U></B><B><FONT face="Times New Roman" size=2>
</FONT></B></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>This Stipulation and
Agreement of Settlement (&#147;Stipulation&#148;) is made and entered into by and between
Lead Plaintiff Vinod Patel (&#147;Lead Plaintiff&#148;) on behalf of himself and the class
of persons defined below, and Defendants Geron Corporation (&#147;Geron&#148;) and
individual Defendants Dr. John A. Scarlett, M.D., Olivia K. Bloom, and Dr.
Stephen M. Kelsey, M.D. (together with Geron, &#147;Defendants&#148;), pursuant to Rule 23
of the Federal Rules of Civil Procedure. </FONT></P>
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    <TD vAlign=middle noWrap align=center width="40%"><FONT size=2 face="Times New Roman">1.</FONT></TD>
    <TD vAlign=middle noWrap align=right width="30%"><B><FONT style="FONT-VARIANT: small-caps" face="Times New Roman" size=2>Stipulation and Agreement of Settlement<BR>Case No. 3:14-CV-01224
      (CRB)</FONT></B></TD></TR></TABLE><BR>
<HR align=center width="100%" noShade size="2">

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><B><FONT face="Times New Roman" size=2>WHEREAS</FONT></B><FONT face="Times New Roman" size=2>: </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>A. Commencing on March 14,
2014, the first of two securities class action complaints were filed against
Defendants, captioned </FONT><I><FONT face="Times New Roman" size=2>Kishtagari
v. Geron Corporation, et al.</FONT></I><FONT face="Times New Roman" size=2>,
Case No. 14-cv-01224-CRB</FONT><FONT face="Times New Roman" size=2>;<SUP>1
</SUP></FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>B. On June 30, 2014, the
Court entered an order consolidating related cases under the caption
</FONT><I><FONT face="Times New Roman" size=2>In re Geron Corporation Securities
Litigation</FONT></I><FONT face="Times New Roman" size=2>, Case No.
3:14-CV-01224-CRB;</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>C. By order dated June 30,
2014, the Court appointed Vinod Patel Lead Plaintiff and approved his selection
of the law firm of Faruqi &amp; Faruqi, LLP as Lead Counsel;</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>D. On September 19, 2014,
Lead Plaintiff filed his Consolidated Amended Class Action Complaint (&#147;CAC&#148;).
The CAC asserts claims for violations of &#167;&#167;10(b) and 20(a) of the Securities
Exchange Act of 1934 against Defendants, on behalf of all persons or entities
who purchased or otherwise acquired Geron common stock between December 10, 2012
and March 11, 2014, inclusive. The allegations underlying the case are
summarized in the Parties&#146; motion to dismiss briefing (Dkt. Nos. 54, 61,
67);</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>E. On November 18, 2014,
Defendants filed a motion to dismiss the CAC pursuant to Rule 12(b)(6) (Dkt. No.
54);</FONT></P>

<P STYLE="text-align: justify; text-indent: 15pt"><FONT face="Times New Roman" size=2>F. On April 10, 2015, the Court granted in part and denied in part
Defendants&#146; motion to dismiss (Dkt. No. 73);</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>G. On May 22, 2015
Defendants filed their Answer to the CAC;</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>H. On September 3, 2015,
the Court denied Defendants&#146; motion for leave to file a motion for
reconsideration of the Court&#146;s April 15, 2015 order regarding Defendants&#146; motion
to dismiss;</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>I. On November 2, 2015, the
Parties held a mediation before the Hon. Layn R. Phillips, which did not result
in a settlement at that time; </FONT></P>
<DIV>____________________</DIV>
<P align=justify><FONT face="Times New Roman" size=2><SUP>1</SUP></FONT><FONT face="Times New Roman" size=2>All capitalized words or terms not otherwise
defined herein shall have the meanings for those words or terms as set forth in
the section below entitled &#147;Definitions&#148; at &#182;1 hereof. </FONT></P>
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    <TD vAlign=middle noWrap align=left width="30%"></TD>
    <TD vAlign=middle noWrap align=center width="40%"><FONT size=2 face="Times New Roman">2.</FONT></TD>
    <TD vAlign=middle noWrap align=right width="30%"><B><FONT style="FONT-VARIANT: small-caps" face="Times New Roman" size=2>Stipulation and Agreement of Settlement<BR>Case
      No. 3:14-CV-01224 (CRB)</FONT></B></TD></TR></TABLE><BR>
<HR align=center width="100%" noShade size="2">

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>J. The Parties have served
formal discovery requests, including, </FONT><I><FONT face="Times New Roman" size=2>inter alia</FONT></I><FONT face="Times New Roman" size=2>, requests for
the production of documents, interrogatories, and requests for admission, and
Defendants have produced a &#147;first-wave&#148; of documents to Lead
Plaintiff;</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>K. Lead Counsel has
conducted an investigation, reviewed documents, analyzed the claims, consulted
with medical and damages experts, and researched the applicable law with respect
to the claims against Defendants and their potential defenses
thereto;</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>L. Lead Counsel and
Defendants&#146; Counsel have engaged in substantial settlement discussions,
including further discussions with Judge Phillips, to resolve the claims by Lead
Plaintiff and the Class against Defendants, and have now agreed to settle those
claims on terms that include the payment of $6,250,000 for the benefit of the
Class. Judge Phillips was extensively involved in those discussions;</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>M. Based upon their
independent investigation, Lead Counsel and Lead Plaintiff have concluded that
the terms and conditions of this Stipulation are fair, reasonable, and adequate
to the Class, and are in the Class&#146;s best interests, and have agreed to settle
the claims raised in the Action with the Defendants pursuant to the terms and
provisions of this Stipulation, after considering (a) the substantial benefits
that the Class will receive from the Settlement, (b) the attendant risks of
continued litigation, and (c) the desirability of permitting the Settlement to
be consummated as provided by the terms of this Stipulation; and</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>N. Defendants have denied
and continue to deny each and all of the claims and contentions alleged by Lead
Plaintiff, as well as all charges of wrongdoing or liability against them
arising out of any of the conduct, statements, acts, or omissions alleged, or
that could have been alleged, in the Action. Defendants believe the Action has
no merit. </FONT><FONT face="Times New Roman" size=2>Defendants deny that they
made any false or misleading statements during the Class Period, that they had
the state of mind required to render any of the alleged misrepresentations and
omissions actionable, and that any alleged loss was caused by any alleged
misrepresentations. Nonetheless, taking into account the uncertainty and risks
inherent in any litigation, especially in complex cases such as this one,
Defendants have concluded that further litigation of the Action would be
protracted, burdensome, and expensive, and that it is desirable and beneficial
to them to resolve the Action upon the terms and conditions set forth in this
Stipulation. </FONT></P>
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    <TD vAlign=middle noWrap align=center width="40%"><FONT size=2 face="Times New Roman">3.</FONT></TD>
    <TD vAlign=middle noWrap align=right width="30%"><B><FONT style="FONT-VARIANT: small-caps" face="Times New Roman" size=2>Stipulation and Agreement of Settlement<BR>Case
      No. 3:14-CV-01224 (CRB)</FONT></B></TD></TR></TABLE><BR>
<HR align=center width="100%" noShade size="2">

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><B><FONT face="Times New Roman" size=2>NOW
THEREFORE</FONT></B><FONT face="Times New Roman" size=2>, without any concession
by Lead Plaintiff that the Action lacked merit, and without any concession by
Defendants of any liability or wrongdoing or lack of merit in their defenses, it
is hereby </FONT><B><FONT face="Times New Roman" size=2>STIPULATED AND
AGREED</FONT></B><FONT face="Times New Roman" size=2>, by and among the parties
to this Stipulation, through their respective attorneys, subject to approval by
the Court pursuant to Rule 23(e) of the Federal Rules of Civil Procedure, in
consideration of the benefits flowing to the parties hereto, that all Settled
Claims as against Defendants shall be fully, finally, and forever compromised,
settled, released, and dismissed on the merits and with prejudice, subject to
the following terms and conditions: </FONT></P>
<P align=center><B><U><FONT face="Times New Roman" size=2>DEFINITIONS</FONT></U></B><B><FONT face="Times New Roman" size=2>
</FONT></B></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>1. As used hereinafter in
this Stipulation, the following terms shall have the following
meanings:</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>a. &#147;Action&#148;
means</FONT><I><FONT face="Times New Roman" size=2> In re Geron Corporation
Securities Litigation</FONT></I><FONT face="Times New Roman" size=2>, Case No.
3:14-CV-01224-CRB, pending in the United States District Court for the Northern
District of California, and all actions consolidated therein.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>b. &#147;Authorized Claimant&#148;
means a Class Member who submits a timely and valid Proof of Claim to the Claims
Administrator and does not opt out.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>c. &#147;CAC&#148; means the
Consolidated Amended Class Action Complaint filed on September 19,
2014.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>d. &#147;Claims Administrator&#148;
means Epiq Systems, Inc., the firm retained by Lead Counsel, subject to Court
approval, which shall mail and publish the Notices, process Proofs of Claim, and
distribute the Net Settlement Fund to Authorized Claimants.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>e. &#147;Class&#148; means Lead
Plaintiff as well as all Persons who purchased or otherwise acquired Geron
common stock during the Class Period and who allege to have been damaged
thereby. Excluded from the Class are Defendants named herein; Persons who
suffered no compensable losses (</FONT><I><FONT face="Times New Roman" size=2>e.g.</FONT></I><FONT face="Times New Roman" size=2>, those who purchased
Geron common stock during the Class Period but sold prior to any partial
corrective disclosure); members of the immediate family of the Individual
Defendants; the officers and directors of Geron; any firm, trust, partnership,
corporation, officer, director, or other individual or entity in which any
Defendants have a controlling interest; and the legal representatives, heirs,
successors-in-interest or assigns of such excluded Persons. Also excluded from
the Class is any Person who properly excludes himself, herself, or itself by
filing a valid and timely request for exclusion in accordance with the
requirements to be set forth in the Settlement Notice.</FONT></P>
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    <TD vAlign=middle noWrap align=center width="40%"><FONT size=2 face="Times New Roman">4.</FONT></TD>
    <TD vAlign=middle noWrap align=right width="30%"><B><FONT style="FONT-VARIANT: small-caps" face="Times New Roman" size=2>Stipulation and Agreement of Settlement<BR>Case
      No. 3:14-CV-01224 (CRB)</FONT></B></TD></TR></TABLE><BR>
<HR align=center width="100%" noShade size="2">

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>f. &#147;Class Distribution
Order&#148; means an order of the Court approving the Claims Administrator&#146;s
administrative determinations concerning the acceptance and rejection of the
claims submitted herein, and approving any fees and expenses not previously
applied for, including the fees and expenses of the Claims Administrator and, if
the Effective Date has occurred, directing payment of the Net Settlement Fund to
Authorized Claimants.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>g. &#147;Class Member&#148; means any
Person or entity who or which is a member of the Class and is not excluded
therefrom.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>h. &#147;Class Period&#148; means the
period from December 10, 2012 through and including March 11, 2014, both dates
inclusive.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>i. &#147;Court&#148; means the United
States District Court for the Northern District of California.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>j. &#147;Defendants&#146; Claims&#148;
means any and all claims, rights, demands, obligations, controversies, debts,
damages, losses, causes of action and liabilities of any kind or nature
whatsoever in law or in equity, including both known and Unknown Claims, held at
any point from the beginning of time to the date of the execution of this
Stipulation, which claims both have been or could have been asserted by the
Defendants against any of the Released Plaintiff Parties and which arise out of
the institution or prosecution of the Action.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>k. &#147;Defendants&#146; Counsel&#148;
means the law firm of Cooley LLP.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>l. </FONT><FONT face="Times New Roman" size=2>&#147;Defendant Releasees&#148; means (1) Defendants, (2)
Defendants&#146; Counsel, (3) with </FONT><FONT face="Times New Roman" size=2>regard
to Geron all past or present subsidiaries, parents, affiliates, principals,
successors and predecessors, assigns, officers, directors, accountants,
investment bankers, commercial bankers, shareholders, underwriters, financial or
investment advisors, trustees, partners, limited partners, controlling
shareholders, joint venturers, co-developers, collaborators, agents,
fiduciaries, contractors, employees, attorneys, auditors, insurers, co-insurers,
and reinsurers; (4) with regard to </FONT><FONT face="Times New Roman" size=2>Dr. John A. Scarlett, M.D., Ms. Olivia K. Bloom, and Dr. Stephen M.
Kelsey, M.D.,</FONT><FONT face="Times New Roman" size=2> each such individual&#146;s
spouses, marital communities, immediate family members, heirs, executors,
personal representatives, estates, administrators, trusts, predecessors,
successors, and assigns or other individual or entity in which any of Dr.
Scarlett, Ms. Bloom, and Dr. Kelsey has a controlling interest, and each and all
of their respective past or present subsidiaries, divisions, parents,
affiliates, principals, successors and predecessors, assigns, officers,
directors, trusts, partners, agents, fiduciaries, contractors, employees,
attorneys, auditors, accountants, advisors, insurers, co-insurers, and
re-insurers; and each of Dr. Scarlett, Ms. Bloom, and Dr. Kelsey&#146;s present and
former attorneys, legal representatives, insurers, and assigns in connection
with the Action.</FONT></P>
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    <TD vAlign=middle noWrap align=center width="40%"><FONT size=2 face="Times New Roman">5.</FONT></TD>
    <TD vAlign=middle noWrap align=right width="30%"><B><FONT style="FONT-VARIANT: small-caps" face="Times New Roman" size=2>Stipulation and Agreement of Settlement<BR>Case
      No. 3:14-CV-01224 (CRB)</FONT></B></TD></TR></TABLE><BR>
<HR align=center width="100%" noShade size="2">

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>m. &#147;Effective Date&#148; means
the date upon which the Judgment becomes Final.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>n. &#147;Escrow Account&#148; means
the interest-bearing account maintained by the Escrow Agent into which the
Settlement Amount shall be deposited. The Escrow Account shall be controlled and
maintained by Lead Counsel on behalf of Lead Plaintiff and the Class.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>o. &#147;Escrow Agent&#148; means
Lead Counsel or their duly appointed agent(s). The Escrow Agent shall perform
the duties set forth in this Stipulation.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>p. &#147;Escrow Agreement&#148; means
the escrow agreement among Lead Counsel and the Escrow Agent with respect to the
Escrow Account.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>q. &#147;Final Fairness Hearing&#148;
means the hearing to be held by the Court to make a final decision pursuant to
Federal Rule of Civil Procedure 23 as to whether this Settlement Agreement is
fair, reasonable and adequate and, therefore, should be approved by the
Court.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>r. &#147;Final,&#148; with respect to
the Judgment, means the later of: (i) the expiration of the time to file a
motion to alter or amend the Judgment under Federal Rule of Civil Procedure
59(e) has passed without any such motion having been filed; (ii) the expiration
of time in which to appeal the Judgment has passed without any appeal having
been taken; and (iii) if there is a motion to alter or amend the Judgment or an
appeal from the Judgment (other than an appeal or motion to alter or amend
pertaining solely to the Court&#146;s approval of a Plan of Allocation and/or the
Court&#146;s award of attorneys&#146; fees, costs or expenses), the date of final
affirmance of the Judgment and the expiration of the time for any further
judicial review whether by appeal, reconsideration or a petition for a writ of
</FONT><I><FONT face="Times New Roman" size=2>certiorari</FONT></I><FONT face="Times New Roman" size=2> and, if </FONT><I><FONT face="Times New Roman" size=2>certiorari</FONT></I><FONT face="Times New Roman" size=2> is granted, the
date of final affirmance of the Judgment following review pursuant to the grant.
Any appeal or proceeding seeking judicial review pertaining solely to: (i) Court
approval of the Plan of Allocation of the Net Settlement Fund; or (ii) the
Court&#146;s award of attorneys&#146; fees, costs or expenses, shall not in any way delay
or preclude the Judgment from becoming Final or affect the time set forth above
for the Judgment to become Final.</FONT></P>
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    <TD vAlign=middle noWrap align=center width="40%"><FONT size=2 face="Times New Roman">6.</FONT></TD>
    <TD vAlign=middle noWrap align=right width="30%"><B><FONT style="FONT-VARIANT: small-caps" face="Times New Roman" size=2>Stipulation and Agreement of Settlement<BR>Case
      No. 3:14-CV-01224 (CRB)</FONT></B></TD></TR></TABLE><BR>
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<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>s. &#147;Judgment&#148; means the
final proposed judgment to be entered approving the Settlement substantially in
the form attached hereto as Exhibit B.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>t. &#147;Lead Counsel&#148; means
Faruqi &amp; Faruqi, LLP, counsel for Lead Plaintiff.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>u. &#147;Lead Plaintiff&#148; means
Vinod Patel.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>v. &#147;Litigation Expenses&#148;
means the costs and expenses incurred by Lead Counsel in connection with
commencing and prosecuting the Action for which Lead Counsel intends to apply to
the Court for reimbursement from the Settlement Fund.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>w. &#147;Net Settlement Fund&#148;
means the Settlement Fund less: (i) Court awarded attorneys&#146; fees; (ii) Notice
and Administration Expenses; (iii) any required Taxes; and (iv) Court awarded
Litigation Expenses; and (v) any other fees or expenses approved by the
Court.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>x. &#147;Notice and
Administration Expenses&#148; means all expenses incurred in connection with the
preparation, printing, mailing, and online publication of the Settlement Notice;
the preparation and publication of the Publication Notice; providing notice to
the Class by mail, publication, and other means; receiving and reviewing claims;
applying the Plan of Allocation; corresponding with Class Members; and the costs
of the Claims Administrator.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>y. &#147;Notices&#148; means the
Publication Notice and the Settlement Notice, collectively, as well as any other
notice required or approved by the Court in connection with this
Settlement.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>z. &#147;Person&#148; and &#147;Persons&#148;
means an individual, corporation, partnership, association, affiliate, joint
stock company, estate, trust, unincorporated association, entity, government and
any political subdivision thereof, or any other type of business or legal
entity, any legal representative, and their spouses, heirs, predecessors,
successors, representatives, agents, or assignees.</FONT></P>
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    <TD vAlign=middle noWrap align=center width="40%"><FONT size=2 face="Times New Roman">7.</FONT></TD>
    <TD vAlign=middle noWrap align=right width="30%"><B><FONT style="FONT-VARIANT: small-caps" face="Times New Roman" size=2>Stipulation and Agreement of Settlement<BR>Case
      No. 3:14-CV-01224 (CRB)</FONT></B></TD></TR></TABLE><BR>
<HR align=center width="100%" noShade size="2">

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>aa. &#147;Plan of Allocation&#148;
means the plan that Lead Plaintiff will submit to the Court at a later date, or
a different plan approved by the Court, and upon notice to the Class that shall
be utilized for distribution of the Net Settlement Fund to Authorized Claimants
in a manner consistent with the terms of this Stipulation, and as approved by
the Court.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>bb. &#147;Preliminary Approval
Hearing&#148; means the preliminary hearing to be held by the Court to determine
whether the proposed Settlement is fair, reasonable and adequate and should be
approved.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>cc. &#147;Preliminary Approval
Order&#148; means the proposed order preliminarily approving the Settlement, which
shall be substantially in the form attached hereto as Exhibit A.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>dd. &#147;Proof of Claim&#148; means
the Proof of Claim and Release form which is to be sent to members of the Class
substantially in the form attached hereto has Exhibit A-2.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>ee. &#147;Publication Notice&#148;
means the notice of the proposed Settlement which shall be published in
</FONT><I><FONT face="Times New Roman" size=2>PR Newswire</FONT></I><FONT face="Times New Roman" size=2> and </FONT><I><FONT face="Times New Roman" size=2>Investor&#146;s Business Daily</FONT></I><FONT face="Times New Roman" size=2>,
substantially in the form attached hereto as Exhibit A-3.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>ff. &#147;Released Parties&#148;
means the Defendant Releasees and the Released Plaintiff Parties
collectively.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>gg. &#147;Released Plaintiff
Parties&#148; means (1) Lead Plaintiff, (2) Lead Counsel, and (3) with regards to
Lead Plaintiff, Lead </FONT><FONT face="Times New Roman" size=2>Plaintiff&#146;s
spouse marital communities, immediate family members, heirs, executors, personal
representatives, estates, administrators, trusts, predecessors, successors, and
assigns or other individual or entity in which Lead Plaintiff has a controlling
interest, and each and all of their respective past or present subsidiaries,
divisions, parents, affiliates, principals, officers, directors, trusts,
partners, agents, fiduciaries, contractors, employees, attorneys, auditors,
accountants, advisors, insurers, co-insurers, and re-insurers; and each of Lead
Plaintiff&#146;s present and former attorneys, legal representatives, insurers, and
assigns in connection with the Action.</FONT></P>
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    <TD vAlign=middle noWrap align=center width="40%"><FONT size=2 face="Times New Roman">8.</FONT></TD>
    <TD vAlign=middle noWrap align=right width="30%"><B><FONT style="FONT-VARIANT: small-caps" face="Times New Roman" size=2>Stipulation and Agreement of Settlement<BR>Case
      No. 3:14-CV-01224 (CRB)</FONT></B></TD></TR></TABLE><BR>
<HR align=center width="100%" noShade size="2">

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>hh. &#147;Response Deadline&#148;
means the last date on which Class Members may submit a request for exclusion,
or objection to the Settlement. The Response Deadline is to be determined by the
Court, as set out in the Preliminary Approval Order.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>ii. &#147;Settled Claims&#148; means
any and all claims, rights, demands, obligations, controversies, debts, damages,
losses, causes of action and liabilities of any kind or nature whatsoever
(including, but not limited to, any claims for damages, restitution, rescission,
interest, attorneys&#146; fees, expert or consulting fees, and any other costs,
expenses, or liability whatsoever), whether based on federal, state, local,
statutory, or common law or any other law, rule, or regulation, whether fixed or
contingent, accrued, or un-accrued, liquidated or unliquidated, at law or in
equity, matured or unmatured, or class or individual in nature (including both
known and Unknown Claims) against Defendant Releasees, based on, arising out of,
relating in any way to, or in connection with both (i) the facts, events,
transactions, acts, occurrences, statements, representations,
misrepresentations, or omissions which were or could have been alleged in the
Action, and (ii) the purchase or acquisition of Geron common stock during the
Class Period.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>jj. &#147;Settlement&#148; means the
resolution of the Action in accordance with the terms and provisions of this
Stipulation.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>kk. &#147;Settlement Amount&#148;
means $6,250,000, cash.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>ll. &#147;Settlement Fund&#148; means
the Settlement Amount plus any interest earned on any monies held in the Escrow
Account.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>mm. &#147;Settlement Notice&#148;
means the Notice of Pendency and Settlement of Class Action which is to be sent
to Class Members substantially in the form attached hereto as Exhibit
A-1.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>nn. &#147;Settling Parties&#148;
means, collectively, Defendants and Lead Plaintiff.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>oo. &#147;Stipulation&#148; means
this Stipulation and Agreement of Settlement.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>pp. &#147;Taxes&#148; means all
federal, state, local or other taxes on the income earned by the Settlement Fund
and expenses and costs incurred in connection with the taxation of the
Settlement Fund (including, without limitation, expenses of tax attorneys and
accountants).</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>qq. &#147;Termination Notice&#148;
shall have the meaning set forth in &#182;39 below. </FONT></P>
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    <TD vAlign=middle noWrap align=left width="30%"></TD>
    <TD vAlign=middle noWrap align=center width="40%"><FONT size=2 face="Times New Roman">9.</FONT></TD>
    <TD vAlign=middle noWrap align=right width="30%"><B><FONT style="FONT-VARIANT: small-caps" face="Times New Roman" size=2>Stipulation and Agreement of Settlement<BR>Case
      No. 3:14-CV-01224 (CRB)</FONT></B></TD></TR></TABLE><BR>
<HR align=center width="100%" noShade size="2">

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>rr. &#147;Unknown Claims&#148; means
any and all Settled Claims which Lead Plaintiff in the Action or any Class
Member does not know to exist in his, her, or its favor at the time of the
release of Defendants&#146; Releasees, and any Defendants&#146; Claims which Defendants
did not know to exist in their favor at the time of the release of the Released
Plaintiff Parties, which if known might have affected the decision to enter into
the Settlement or the decision not to object to the Settlement. With respect to
any and all Settled Claims and Defendants&#146; Claims, the Settling Parties
stipulate and agree that upon the Effective Date, Lead Plaintiff and Defendants
shall expressly, and each Class Member shall be deemed to have, and by operation
of the Judgment shall have, expressly waived the provisions, rights and benefits
of Cal. Civ. Code &#167; 1542, which provides: </FONT></P>
<P style="PADDING-RIGHT: 30pt; PADDING-LEFT: 30pt" align=justify><FONT face="Times New Roman" size=2>A general release does not extend to claims which
the creditor does not know or suspect to exist in his or her favor at the time
of executing the release, which if known by him or her must have materially
affected his or her settlement with the debtor. </FONT></P>
<P align=justify><FONT face="Times New Roman" size=2>Lead Plaintiff and
Defendants</FONT><FONT face="Times New Roman" size=2> shall expressly and each
of the Class Members shall be deemed to have, and by operation of the Judgment
shall have, expressly waived any and all provisions, rights, and benefits
conferred by any law of any state or territory of the United States, or
principle of common law, which is similar, comparable or equivalent to
California Civil Code &#167; 1542. Lead Plaintiff and Class Members may hereafter
discover facts in addition to or different from those which he, she or it now
knows or believes to be true with respect to the subject matter of the Settled
Claims, but Lead Plaintiff shall expressly, fully, finally and forever settle
and release, and each Class Member, upon the Effective Date, shall be deemed to
have, and by operation of the Judgment shall have, fully, finally, and forever
settled and released, any and all Settled Claims, known or unknown, suspected or
unsuspected, contingent or non-contingent, whether or not concealed or hidden,
which now exist, or heretofore have existed, or coming into existence in the
future, including, but not limited to, conduct which is negligent, intentional,
with or without malice, or a breach of any duty, law or rule, without regard to
the subsequent discovery or existence of such different or additional facts.
</FONT><FONT face="Times New Roman" size=2>Lead Plaintiff and Defendants
acknowledge, and other Class Members by operation of law shall be deemed to have
acknowledged, that the inclusion of &#147;Unknown Claims&#148; in the definition of
Settled Claims and Defendants&#146; Claims was separately bargained for and was a key
element of this Settlement. </FONT></P>
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    <TD vAlign=middle noWrap align=center width="40%"><FONT size=2 face="Times New Roman">10.</FONT></TD>
    <TD vAlign=middle noWrap align=right width="30%"><B><FONT style="FONT-VARIANT: small-caps" face="Times New Roman" size=2>Stipulation and Agreement of Settlement<BR>Case No. 3:14-CV-01224
      (CRB)</FONT></B></TD></TR></TABLE><BR>
<HR align=center width="100%" noShade size="2">

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P align=center><B><U><FONT face="Times New Roman" size=2>RELEASES</FONT></U></B><B><FONT face="Times New Roman" size=2>
</FONT></B></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>2. The obligations incurred
pursuant to this Stipulation are in full and final disposition of the Action
with respect to all Released Parties and any and all Settled Claims and
Defendants&#146; Claims. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>3. As of the Effective
Date, Lead Plaintiff, the Class, and each Class Member who has not submitted a
valid and timely exclusion, on behalf of themselves and each of their
predecessors, successors, assigns, parents, subsidiaries, affiliates, agents,
representatives, heirs, trustees, joint tenants, tenants in common,
beneficiaries, executors and administrators, attorneys, insurers, and anyone
else who could make a claim through or on behalf of a Class Member, directly or
indirectly, individually, derivatively, representatively, or in any other
capacity, by operation of the Judgment, will release and forever discharge each
and every Settled Claim, as against each and all of the Defendant Releasees, and
shall forever be barred and enjoined from commencing, instituting or maintaining
any of the Settled Claims against the Defendant Releasees. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>4. As of the Effective
Date, Defendants on behalf of themselves and each of their predecessors,
successors, assigns, parents, subsidiaries, affiliates, agents, representatives,
heirs, trustees, joint tenants, tenants in common, beneficiaries, executors and
administrators, attorneys, insurers, and anyone else who could make a claim
through or on behalf of a Defendant, directly or indirectly, individually,
derivatively, representatively, or in any other capacity, by operation of the
Judgment, will release and forever discharge each and every Defendants&#146; Claims,
and shall forever be barred and enjoined from commencing, instituting or
maintaining any of Defendants&#146; Claims against any of the Released Plaintiff
Parties. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>5. For purposes of clarity,
nothing contained herein shall be construed to release any claims asserted in
the actions captioned </FONT><I><FONT face="Times New Roman" size=2>DiLaura v.
Scarlett et al.</FONT></I><FONT face="Times New Roman" size=2>, Lead Case No.
4:15-cv- 02989-CRB and </FONT><I><FONT face="Times New Roman" size=2>Haddock v.
Scarlett et al.</FONT></I><FONT face="Times New Roman" size=2>, Case No.
3:15-cv-03007-CRB, and (b) the related consolidated shareholder derivative
action before the California Superior Court for the County of San Mateo,
captioned</FONT><I><FONT face="Times New Roman" size=2> Oriente v. Scarlett et
al</FONT></I><FONT face="Times New Roman" size=2>., Lead Case No. CIV528121 and
</FONT><I><FONT face="Times New Roman" size=2>Cavel v. Scarlett et
al.</FONT></I><FONT face="Times New Roman" size=2>, Case No. CIV535151.
</FONT></P>
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    <TD vAlign=middle noWrap align=left width="30%"></TD>
    <TD vAlign=middle noWrap align=center width="40%"><FONT size=2 face="Times New Roman">11.</FONT></TD>
    <TD vAlign=middle noWrap align=right width="30%"><B><FONT style="FONT-VARIANT: small-caps" face="Times New Roman" size=2>Stipulation and Agreement of Settlement<BR>Case
      No. 3:14-CV-01224 (CRB)</FONT></B></TD></TR></TABLE><BR>
<HR align=center width="100%" noShade size="2">

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>6. Only those Class Members
filing valid and timely Proofs of Claim shall be entitled to participate in the
Settlement and receive a distribution from the Net Settlement Fund. The Proof of
Claim to be executed by Class Members shall contain a further written release
all Settled Claims against the Released Parties, and shall be substantially in
the form contained in Exhibit A-2 attached hereto. All Class Members shall be
bound by the releases set forth in this Stipulation, whether or not they submit
a valid and timely Proof of Claim or request for exclusion in accordance with
&#182;&#182;37-38 below. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>7. The Settling Parties
shall request that the Court, as part of the Judgement, enter an appropriate bar
order, consistent with the Securities Exchange Act of 1934, the Private
Securities Litigation Reform Act of 1995, and/or applicable common law, barring
contribution claims against the Defendants. The proposed Judgment shall also
contain a provision requiring that any final verdict or judgment that may be
obtained by or on behalf of the Class or a Class Member against any person or
entity subject to the bar order as defined herein be reduced by the greater of:
(i) an amount that corresponds to the percentage of responsibility of any of the
Defendants for common damages; or (ii) the Settlement Amount.</FONT></P>
<P align=center><B><U><FONT face="Times New Roman" size=2>CLASS
CERTIFICATION</FONT></U></B><B><FONT face="Times New Roman" size=2>
</FONT></B></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>8. For purposes of this
Settlement only, Defendants stipulate to: (i) certification of the </FONT><FONT face="Times New Roman" size=2>Action as a class action, pursuant to Rules 23(a)
and 23(b)(3) of the Federal Rules of Civil Procedure; (ii) the appointment of
Lead Plaintiff as representative of the Class; and (iii) the appointment of Lead
Counsel as counsel for the Class pursuant to Rule 23(g) of the Federal Rules of
Civil Procedure. Lead Plaintiff will move for, and Defendants shall not oppose,
entry of the Preliminary Approval Order substantially in the form of Exhibit A
attached hereto, which will certify the Action to proceed as a class action for
purposes of this Settlement only and only if the Judgment contemplated by this
Stipulation becomes Final and the Effective Date occurs. </FONT></P>
<P align=center><B><U><FONT face="Times New Roman" size=2>THE SETTLEMENT
CONSIDERATION</FONT></U></B></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>9. In full settlement of
the Settled Claims, including without limitation the claims asserted in the
Action against Defendants, and in consideration of the releases specified in
&#182;&#182;2-6, above, Geron and/or its insurers shall pay or cause to be paid $6,250,000
into the Escrow Account within twenty (20) calendar days after the later of (1)
the Preliminary Approval Order is entered, or (2) the receipt by Defendants&#146;
Counsel of payment instructions and a Form W-9 providing the tax identification
number for Lead Counsel. Upon payment of the Settlement Amount into the Escrow
Account, Defendant Releasees shall have no further liability or obligation to
make any payment into the Settlement Fund or otherwise with respect to the
Action, the Settlement or this Stipulation, and neither Lead Plaintiff, Class
Members nor Lead Counsel shall have any recourse against Defendant Releasees
regarding any of the foregoing. </FONT></P>
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    <TD vAlign=middle noWrap align=left width="30%"></TD>
    <TD vAlign=middle noWrap align=center width="40%"><FONT size=2 face="Times New Roman">12.</FONT></TD>
    <TD vAlign=middle noWrap align=right width="30%"><B><FONT style="FONT-VARIANT: small-caps" face="Times New Roman" size=2>Stipulation and Agreement of Settlement<BR>Case
      No. 3:14-CV-01224 (CRB)</FONT></B></TD></TR></TABLE><BR>
<HR align=center width="100%" noShade size="2">

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P align=center><B><U><FONT face="Times New Roman" size=2>USE AND ADMINISTRATION
OF THE SETTLEMENT FUND</FONT></U></B></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>10. The Settlement Fund may
be used: (i) to pay any Taxes; (ii) to pay Notice and Administration Expenses;
(iii) to pay any attorneys&#146; fees, Litigation Expenses, and award for Lead
Plaintiff approved by the Court; (iv) to pay any other fees and expenses
approved by the Court; and (v) to pay claims of Authorized Claimants determined
valid for payment. The Settlement Fund shall be the sole source for any
attorneys&#146; fees, Litigation Expenses, and award to Lead Plaintiff, and Lead
Plaintiff will have no recourse against Defendant Releasees for any Taxes,
Notice and Administration Expenses, attorneys&#146; fees or Litigation Expenses,
other fees and expenses approved by the Court, or claims of Authorized
Claimants. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>11. Defendant Releasees
shall have no responsibility for, interest in, or liability whatsoever with
respect to: (i) any act, omission or determination of Lead Counsel, the Escrow
Agent or the Claims Administrator, or any of their respective designees or
agents, in connection with the administration of the Settlement or otherwise;
(ii) the management, investment or distribution of the Net Settlement Fund;
(iii) the Plan of Allocation; (iv) the determination, administration,
calculation, or payment of any claims asserted against the Settlement Fund; (v)
any losses suffered by, or fluctuations in value of, the Settlement Fund; or
(vi) the payment or withholding of any Taxes, expenses, and/or costs incurred in
connection with the taxation of the Settlement Fund or the filing of any
returns. Lead Plaintiff, Class Members and Lead Counsel shall have no recourse
against Defendant Releasees regarding any of the foregoing. </FONT></P>
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    <TD vAlign=middle noWrap align=left width="30%"></TD>
    <TD vAlign=middle noWrap align=center width="40%"><FONT size=2 face="Times New Roman">13.</FONT></TD>
    <TD vAlign=middle noWrap align=right width="30%"><B><FONT style="FONT-VARIANT: small-caps" face="Times New Roman" size=2>Stipulation and Agreement of Settlement<BR>Case
      No. 3:14-CV-01224 (CRB)</FONT></B></TD></TR></TABLE><BR>
<HR align=center width="100%" noShade size="2">

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>12. The Net Settlement Fund
shall remain in the Escrow Account until the Effective Date, whereafter the Net
Settlement Fund shall be distributed to Authorized Claimants as provided in
&#182;&#182;24-34 hereof. All funds held by the Escrow Agent shall be deemed to be in the
custody of the Court, and shall remain subject to the jurisdiction of the Court
until such time as the funds shall be distributed or returned pursuant to this
Stipulation and/or further order of the Court. The Escrow Agent shall invest any
funds in the Escrow Account in United States Treasury Bills or, if approved by
Lead Counsel and Lead Plaintiff, in money market funds with one or more of the
fifty (50) largest banking institutions in the United States, and shall collect
and reinvest all interest accrued thereon. Lead Counsel has structured the
Escrow Account so that it will qualify as a &#147;qualified settlement fund,&#148; as that
term is defined in Treas. Reg. &#167;1.468B-1, which has been promulgated under
Section 468B of the Internal Revenue Code of 1986, as amended, and the parties
hereto accordingly agree to treat the Settlement Fund as a Qualified Settlement
Fund within the meaning of Treasury Regulation &#167;1.468B-1, and that Lead
Counsel, as administrator of the Settlement Fund within the meaning of Treasury
Regulation &#167;1.468B-2(k)(3), shall be responsible for timely filing tax returns
and any relevant tax filings and documentation relating thereto for the
Settlement Fund and timely paying from the Settlement Fund any Taxes owed with
respect to the Settlement Fund. Defendants&#146; Counsel as transferor agrees to
provide promptly to Lead Counsel the required statement described in Treasury
Regulation &#167;1.468B-3(e). </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>13. All Taxes shall be paid
out of the Settlement Fund, and shall be timely paid by the Escrow Agent without
prior order of the Court. Any Tax returns prepared for the Settlement Fund (as
well as the election set forth therein) shall be consistent with the previous
paragraph, and in all events shall reflect that all Taxes (including any
interest or penalties) on the income earned by the Settlement Fund shall be paid
out of the Settlement Fund as provided herein. The Settlement Fund shall
indemnify and hold Defendants harmless for Taxes and related expenses (including
without limitation, taxes payable by reason of any such indemnification), if
any, payable by Defendants by reason of the income earned on the Settlement
Fund. Defendants shall notify the Escrow Agent promptly if they receive any
notice of any claim for Taxes relating to the Settlement Fund. </FONT></P>
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    <TD vAlign=middle noWrap align=center width="40%"><FONT size=2 face="Times New Roman">14.</FONT></TD>
    <TD vAlign=middle noWrap align=right width="30%"><B><FONT style="FONT-VARIANT: small-caps" face="Times New Roman" size=2>Stipulation and Agreement of Settlement<BR>Case
      No. 3:14-CV-01224 (CRB)</FONT></B></TD></TR></TABLE><BR>
<HR align=center width="100%" noShade size="2">

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>14. Lead Counsel may pay
from the Escrow Account Notice and Administration </FONT><FONT face="Times New Roman" size=2>Expenses up to $250,000 without further order of
the Court. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>15. Lead Counsel may pay
from the Settlement Amount all reasonable costs and expenses associated with the
administration of the Settlement, including, without limitation, the actual
costs of identifying and notifying Class Members, disseminating the Notices, the
administrative expenses incurred and fees charged by the Claims Administrator in
connection with mailing notices and processing the submitted claims, and any
other Notice and Administration Expenses. In the event that the Settlement is
terminated, all monies paid by Defendants into the Settlement Fund shall be
returned to the Defendants, with interest actually earned, except that amounts
actually used to pay for documented Notice and Administration Expenses, up to
$250,000, shall not be returned. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>16. Lead Counsel will apply
to the Court for a Class Distribution Order, on notice to Defendants&#146; Counsel,
approving the Claims Administrator&#146;s administrative determinations concerning
the acceptance and rejection of the claims submitted herein and approving any
fees and expenses not previously applied for, including the fees and expenses of
the Claims Administrator, and, if the Effective Date has occurred, directing the
payment of the Net Settlement Fund to Authorized Claimants. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>17. This is not a
claims-made settlement. As of the Effective Date, neither Defendants nor any
Person paying the Settlement Amount or any portion of the Settlement Amount on
behalf of Defendants shall have any right to the return of the Settlement Fund
or any portion thereof irrespective of the number of Proofs of Claim filed, the
collective amount of losses of Authorized Claimants, the percentage of recovery
of losses, or the amounts to be paid to Authorized Claimants from the Net
Settlement Fund. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>18. The Claims
Administrator will administer the Settlement under Lead Counsel&#146;s supervision
and subject to the jurisdiction of the Court for all members of the Class.
Defendant Releasees will have no responsibility for the administration of the
Settlement, and shall have no liability to the Class in connection with such
administration, Notice and Administration Expenses, or any related costs or
expenses. On a schedule to be set by the Court, Lead Counsel will cause the
Claims Administrator to mail the Settlement Notice to those members of the Class
whose addresses may be identified through reasonable effort. Lead Counsel will
publish the Publication Notice of the proposed Settlement on one occasion in
</FONT><I><FONT face="Times New Roman" size=2>PR Newswire</FONT></I><FONT face="Times New Roman" size=2> within ten (10) calendar days of the mailing of
the Notice, and on one occasion in </FONT><I><FONT face="Times New Roman" size=2>Investors Business Daily</FONT></I><FONT face="Times New Roman" size=2>,
or in such other form or manner as may be ordered by the Court. Lead Counsel
will post the Settlement Notice and Proof of Claim form on a website where they
will be available to Class Members. </FONT></P>
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    <TD vAlign=middle noWrap align=center width="40%"><FONT size=2 face="Times New Roman">15.</FONT></TD>
    <TD vAlign=middle noWrap align=right width="30%"><B><FONT style="FONT-VARIANT: small-caps" face="Times New Roman" size=2>Stipulation and Agreement of Settlement<BR>Case
      No. 3:14-CV-01224 (CRB)</FONT></B></TD></TR></TABLE><BR>
<HR align=center width="100%" noShade size="2">

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P align=center><B><U><FONT face="Times New Roman" size=2>ATTORNEYS&#146; FEES AND
EXPENSES</FONT></U></B></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>19. At any time prior to
distribution to the Class, upon reasonable notice to Class Members, Lead Counsel
may apply to the Court for reimbursement of Litigation Expenses, plus reasonable
interest thereon, an award for Lead Plaintiff from the Settlement Fund, and an
award from the Settlement Fund of attorneys&#146; fees not to exceed 25% of the
Settlement Fund less Litigation Expenses, plus interest therein. Defendants will
take no position on any request for attorneys&#146; fees by Lead Counsel. With the
sole exception of Defendants&#146; obligation to pay the Settlement Amount into the
Escrow Account as provided for in &#182;9, Defendant Releasees shall have no
liability for attorneys&#146; fees, an award to Lead Plaintiff, or Litigation
Expenses. Any attorneys&#146; fees awarded by the Court shall be paid from the
Settlement Fund to Lead Counsel within ten (10) calendar days after final
approval of the Settlement by the Court, notwithstanding the existence of any
timely filed objections thereto, or potential for appeal therefrom, or
collateral attack on the Settlement or any part thereof. Lead Counsel will
refund to the Settlement Fund, the amount received plus accrued interest at the
rate paid on the Escrow Account within five (5) business days of any of
following: (1) as a result of any appeal and/or further proceeding on remand, or
successful collateral attack, the fee or cost award is reduced or reversed; (2)
the award order does not become final; (3) the Settlement itself is voided by
any party as provided herein; or (4) the Settlement is later reversed or
modified by any court. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>20. The procedure for and
the allowance or disallowance of any application for attorneys&#146; fees, award for
Lead Plaintiff, and Litigation Expenses are not part of the Settlement and are
to be considered by the Court separately from the Court&#146;s consideration of the
fairness, reasonableness and adequacy of the Settlement. Any order or
proceedings relating to attorneys&#146; fees, or any appeal from any order relating
thereto or reversal or modification thereof, shall not operate to terminate the
Settlement, be a basis for setting aside the Settlement, or affect or delay the
Effective Date or the effectiveness or finality of the Order and Final Judgment
and the release of the Settled Claims. The finality of the Settlement shall not
be conditioned on any ruling by the Court concerning Lead Counsel&#146;s application
for attorneys&#146; fees and expenses. </FONT></P>
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    <TD vAlign=middle noWrap align=left width="30%"></TD>
    <TD vAlign=middle noWrap align=center width="40%"><FONT size=2 face="Times New Roman">16.</FONT></TD>
    <TD vAlign=middle noWrap align=right width="30%"><B><FONT style="FONT-VARIANT: small-caps" face="Times New Roman" size=2>Stipulation and Agreement of Settlement<BR>Case
      No. 3:14-CV-01224 (CRB)</FONT></B></TD></TR></TABLE><BR>
<HR align=center width="100%" noShade size="2">

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P align=center><B><U><FONT face="Times New Roman" size=2>DISTRIBUTION TO
AUTHORIZED CLAIMANTS</FONT></U></B></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>21. Geron will accommodate
reasonable requests to facilitate the administration of the Settlement, such as
by providing or causing to be provided to the Claims Administrator and/or Lead
Counsel, within five (5) business days, or as soon thereafter as is reasonably
practicable, of entry of an order preliminarily approving the Settlement or as
soon thereafter as is reasonably practicable, a list of Geron&#146;s stockholders of
record during the Class Period, to the extent possessed by it or its transfer
agent, as appropriate for providing notice to the Class. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>22. The Claims
Administrator shall determine each Authorized Claimant&#146;s </FONT><I><FONT face="Times New Roman" size=2>pro rata</FONT></I><FONT face="Times New Roman" size=2> share </FONT><FONT face="Times New Roman" size=2>of the Net Settlement
Fund in accordance with &#182;&#182;24-34 below and the Plan of Allocation. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>23. Lead Plaintiff shall
propose to the Court a Plan of Allocation pursuant to which the Net Settlement
Fund shall be distributed to Authorized Claimants, and shall seek approval of
the Court for such Plan of Allocation at the Final Fairness Hearing. Approval of
the proposed Plan of Allocation set forth in the Settlement Notice is not a
condition to the Settlement and Effective Date. Lead Plaintiff and Lead Counsel
may not cancel or terminate the Stipulation or the Settlement in accordance with
&#182;39 or otherwise based on this Court&#146;s or any appellate court&#146;s ruling solely
with respect to the Plan of Allocation or any plan of allocation in the Action.
Defendant Releasees shall not object in any way to the Plan of Allocation, or
any other plan of allocation approved by the Court in the Action. Defendant
Releasees have no responsibility or liability for allocation of the Net
Settlement Fund. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>24. All cash distributions
to Authorized Claimants shall be from the Net Settlement Fund </FONT><FONT face="Times New Roman" size=2>pursuant to an approved Plan of Allocation.
</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>25. To receive a cash
distribution from the Net Settlement Fund, a Class Member must be an Authorized
Claimant pursuant to the procedures set out in this Stipulation or by order of
the Court, and must submit a Proof of Claim. </FONT></P>
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    <TD vAlign=middle noWrap align=left width="30%"></TD>
    <TD vAlign=middle noWrap align=center width="40%"><FONT size=2 face="Times New Roman">17.</FONT></TD>
    <TD vAlign=middle noWrap align=right width="30%"><B><FONT style="FONT-VARIANT: small-caps" face="Times New Roman" size=2>Stipulation and Agreement of Settlement<BR>Case
      No. 3:14-CV-01224 (CRB)</FONT></B></TD></TR></TABLE><BR>
<HR align=center width="100%" noShade size="2">

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>26. Lead Counsel shall be
responsible for supervising the administration of the Settlement and
disbursement of the Net Settlement Fund subject to Court approval. No any other
Defendant Releasees, shall be permitted to review, contest, or object to any
Proof of Claim, or any decision of the Claims Administrator or Lead Counsel with
respect to accepting or rejecting any claim for payment by a Class Member. Lead
Counsel shall have the right, but not the obligation, to waive what it deems to
be form or technical defects in any Proof of Claim submitted in the interests of
achieving substantial justice.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>27. Each Authorized
Claimant who wishes to receive a distribution from the Net Settlement Fund must
complete and submit a Proof of Claim (i) by first-class mail, such that it is
postmarked no later than the date set forth in the Notices, or (ii) so that it
is actually received at the address on the Proof of Claim form by the date
stated in the Notices, unless that date is extended by order of the Court. The
address to which the Proof of Claim must be mailed shall be stated in the Proof
of Claim form itself and shall also be printed in the Notices. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>28. The Proof of Claim must
be sworn on oath or made subject to the penalties of perjury pursuant to 28 U.S.
C. &#167; 1746, must be supported by such documents and other information as called
for in the Proof of Claim, and must be submitted by the date provided thereon. A
Proof of Claim shall be deemed to have been submitted when posted, if received
with a postmark indicated on the envelope and if mailed first-class postage
prepaid and addressed in accordance with the instructions thereon, provided that
it is received before the motion for the Class Distribution Order is filed. In
all other cases, the Proof of Claim shall be deemed to have been submitted when
actually received by the Claims Administrator. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>29. The Proof of Claim
shall be substantially in the form of Exhibit A-2 attached hereto. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>30. The validity of each
Proof of Claim filed will be initially determined by the Claims </FONT><FONT face="Times New Roman" size=2>Administrator in accordance with the Plan of
Allocation approved by the Court. Proofs of Claim that do not meet the
submission requirements may be rejected. The Claims Administrator shall promptly
advise the claimant in writing if it determines to reject the claim. Neither
Lead Counsel, nor its designees or agents, nor Defendant Releasees shall have
any liability arising out of such determination. If any claimant whose claim has
been rejected in whole or in part desires to contest such rejection, the
claimant must, within twenty (20) calendar days after the date of the Claims
Administrator&#146;s mailing of the writing rejecting the claimant&#146;s claim, serve
upon the Claims Administrator a notice and statement of reasons indicating the
claimant&#146;s grounds for contesting the rejection along with any supporting
documentation, and requesting a review thereof by the Court. If a dispute
concerning a claim cannot be otherwise resolved, Lead Counsel shall thereafter
present the request for review to the Court for summary resolution, without any
right of appeal or review. Any such claimant shall be responsible for his, her
or its own costs, including, without limitation, attorneys&#146; fees, incurred in
pursuing any dispute. All proceedings with respect to the administration,
processing and determination of claims described in this Stipulation and the
determination of all controversies relating thereto, including disputed
questions of law and fact with respect to the validity of claims, shall be
subject to the jurisdiction of the Court. </FONT></P>
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    <TD vAlign=middle noWrap align=left width="30%"></TD>
    <TD vAlign=middle noWrap align=center width="40%"><FONT size=2 face="Times New Roman">18.</FONT></TD>
    <TD vAlign=middle noWrap align=right width="30%"><B><FONT style="FONT-VARIANT: small-caps" face="Times New Roman" size=2>Stipulation and Agreement of Settlement<BR>Case
      No. 3:14-CV-01224 (CRB)</FONT></B></TD></TR></TABLE><BR>
<HR align=center width="100%" noShade size="2">

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>31. All initial
determinations as to the validity of a Proof of Claim, the amount of any claims
and the calculation of the extent to which each Authorized Claimant will
participate in the Net Settlement Fund, the preparation and mailing of
distributions to Authorized Claimants, and the distribution of the Net
Settlement Fund shall be made by the Claims Administrator. The administration of
the Net Settlement Fund, and decisions on all disputed questions of law and fact
with respect to the validity of any Proof of Claim or regarding the rejection or
amount of any claim, shall remain under the jurisdiction of the Court. All Class
Members expressly waive trial by jury (to the extent any such right may exist)
and any right of appeal or review with respect to such determinations. Defendant
Releasees shall have no liability to the Class in connection with Claim
determinations. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>32. Unless otherwise
ordered by the Court, any Class Member who fails to submit a valid and timely
Proof of Claim shall be barred from receiving a distribution from the Net
Settlement Fund. Any Class Member who fails to submit a valid and timely Proof
of Claim shall nevertheless be bound by the Release and by all proceedings,
orders and judgments in the Action even if he, she or it does not receive a
distribution from the Net Settlement Fund and/or has pending, or subsequently
initiates, any litigation, arbitration or other proceeding, or has any Claim,
against any or all of the Defendant Releasees that is, or relates in any way to,
any Settled Claim. </FONT></P>
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    <TD vAlign=middle noWrap align=left width="30%"></TD>
    <TD vAlign=middle noWrap align=center width="40%"><FONT size=2 face="Times New Roman">19.</FONT></TD>
    <TD vAlign=middle noWrap align=right width="30%"><B><FONT style="FONT-VARIANT: small-caps" face="Times New Roman" size=2>Stipulation and Agreement of Settlement<BR>Case
      No. 3:14-CV-01224 (CRB)</FONT></B></TD></TR></TABLE><BR>
<HR align=center width="100%" noShade size="2">

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>33. The Net Settlement Fund
shall be distributed to Authorized Claimants by the Claims Administrator only
after the Effective Date and after all claims have been processed and all
claimants whose claims have been rejected or disallowed, in whole or in part,
have been notified and provided the opportunity to communicate with the Claims
Administrator concerning such rejection or disallowance. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>34. Payment pursuant to the
Class Distribution Order shall be final and conclusive against all Class
Members. All Class Members whose claims are not approved by the Court for
payment shall be barred from participating in distributions from the Net
Settlement Fund, but otherwise shall be bound by all of the terms of this
Stipulation and the Settlement, including the terms of the Judgment or Alternate
Judgment, if applicable, to be entered in this Action and the Releases provided
for herein and therein, and will be permanently barred and enjoined from
bringing any action against any and all Defendant Releasees with respect to any
and all of the Released Plaintiffs&#146; Claims. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>35. No person or entity
shall have any claim against Lead Plaintiff, Lead Counsel, the Claims
Administrator, or any other agent designated by Lead Counsel, or the Defendant
Releasees, arising from distributions made substantially in accordance with the
Stipulation, the Plan of Allocation, or any other plan of allocation approved by
the Court, or any order of the Court. Lead Plaintiff and Defendants, and their
respective counsel, and Lead Plaintiff&#146;s damages expert and all other Releasees
shall have no liability whatsoever for the investment or distribution,
administration, calculation, or payment of any claim or nonperformance of the
Claims Administrator, the payment or withholding of taxes (including interest
and penalties) owed by the Settlement Fund, or any losses incurred in connection
therewith. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>36. Distributions will be
made to Class Members after all claims have been processed and after the Court
has finally approved the Settlement. If any funds remain in the Net Settlement
Fund by reason of uncashed distribution checks or otherwise, then, consistent
with the Plan of Allocation set forth in the Settlement Notice, after the Claims
Administrator has made reasonable and diligent efforts to have Class Members who
are entitled to participate in the distribution of the Net Settlement Fund cash
their distributions, any balance remaining in the Net Settlement Fund after at
least six (6) months after the initial distribution of such funds will be used
in the following fashion: (a) first, to pay any amounts mistakenly omitted from
the initial disbursement; (b) second, to pay any additional settlement
administration fees, costs, and expenses, including those of Lead Counsel as may
be approved by the Court; and (c) finally, to make a second distribution to
claimants who cashed their checks from the initial distribution and who would
receive at least $10.00, after payment of the estimated costs, expenses, or fees
to be incurred in administering the Net Settlement Fund and in making this
second distribution, if such second distribution is economically feasible. These
redistributions shall be repeated, if economically feasible, until the balance
remaining in the Net Settlement Fund is </FONT><I><FONT face="Times New Roman" size=2>de minimis</FONT></I><FONT face="Times New Roman" size=2> and such
remaining balance will then be distributed to Investor Protection Trust, a
nation-wide non-profit organization dedicated to providing investor education
and advocacy. </FONT></P>
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    <TD vAlign=middle noWrap align=left width="30%"></TD>
    <TD vAlign=middle noWrap align=center width="40%"><FONT size=2 face="Times New Roman">20.</FONT></TD>
    <TD vAlign=middle noWrap align=right width="30%"><B><FONT style="FONT-VARIANT: small-caps" face="Times New Roman" size=2>Stipulation and Agreement of Settlement<BR>Case
      No. 3:14-CV-01224 (CRB)</FONT></B></TD></TR></TABLE><BR>
<HR align=center width="100%" noShade size="2">

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P align=center><B><U><FONT face="Times New Roman" size=2>REQUESTS FOR
EXCLUSION</FONT></U></B></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>37. Any Class Member may
seek to be excluded from the Class and the Settlement provided for in this
Stipulation by submitting a written request for exclusion in conformity with the
requirements set forth in the Notices. Any members of the Class so excluded
shall not be bound by the terms of the Stipulation, or be entitled to any of its
benefits, and shall not be bound by the Judgment and/or other order of the
Court, whether pursuant to this Stipulation or otherwise. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>38. Class Members
requesting exclusion from the Class shall file a written request prior to the
Response Deadline that: (i) provides the name, address, telephone number, and
signature of the Class Member requesting exclusion; (ii) states the specific
reasons for the request for exclusion, including any legal and evidentiary
support the Class Member wishes to bring to the Court&#146;s attention; and (iii)
includes documents sufficient to prove the Class Member&#146;s membership in the
Class, such as the number of Geron common stock purchased, acquired, and sold
during the Settlement Class Period, as well as the dates and prices of each such
purchase, acquisition, or sale. Unless otherwise ordered by the Court, any Class
Member who does not submit a timely written request for exclusion as provided by
this section shall be bound by the Stipulation. </FONT></P>
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    <TD vAlign=middle noWrap align=left width="30%"></TD>
    <TD vAlign=middle noWrap align=center width="40%"><FONT size=2 face="Times New Roman">21.</FONT></TD>
    <TD vAlign=middle noWrap align=right width="30%"><B><FONT style="FONT-VARIANT: small-caps" face="Times New Roman" size=2>Stipulation and Agreement of Settlement<BR>Case
      No. 3:14-CV-01224 (CRB)</FONT></B></TD></TR></TABLE><BR>
<HR align=center width="100%" noShade size="2">

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P align=center><B><U><FONT face="Times New Roman" size=2>SUPPLEMENTAL
AGREEMENT</FONT></U></B></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>39. Simultaneously
herewith, the Settling Parties are executing a &#147;Supplemental Agreement.&#148; Unless
otherwise directed by the Court, the Supplemental Agreement will not be filed
with the Court. The Settling Parties may, in accordance with the terms set forth
in the Supplemental Agreement, terminate the Settlement and this Stipulation
under certain conditions set forth in the Supplemental Agreement if Lead Counsel
is unable to cure these conditions in accordance with the terms of the
Supplemental Agreement. Such election must be done in writing to the other
Settling Parties. If required by the Court, the Supplemental Agreement and/or
any of its terms may be disclosed to the Court for purposes of approval of the
Settlement, but such disclosure shall be carried out to the fullest extent
possible in accordance with the practices of the Court so as to preserve the
confidentiality of the Supplemental Agreement, particularly the opt-out
threshold. In the event of a termination of this Settlement pursuant to the
Supplemental Agreement, this Stipulation and Settlement shall become null and
void and of no further force and effect. </FONT></P>
<P align=center><B><U><FONT face="Times New Roman" size=2>TERMS OF THE
PRELIMINARY APPROVAL ORDER</FONT></U></B></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>40. Promptly after
execution of this Stipulation, Lead Counsel shall apply to the Court for entry
of an order preliminarily approving settlement of the Action, substantially in
the form of the Preliminary Approval Order annexed hereto as Exhibit A.
</FONT></P>
<P align=center><B><U><FONT face="Times New Roman" size=2>TERMS OF THE
JUDGMENT</FONT></U></B></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>41. If the Settlement
contemplated by this Stipulation is approved by the Court, Lead Counsel and
Defendants&#146; Counsel shall jointly request that the Court enter a Judgment
substantially in the form annexed hereto as Exhibit B. The Judgment shall
contain a provision barring claims for contribution to the fullest extent
permitted by 15 U.S.C. &#167;78u-4(f)(7) and any other applicable law or regulation,
by or against Defendants. Nothing herein is intended to broaden the language of
the Private Securities Litigation Reform Act of 1995. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>42. The Settlement,
including the certification of the Action as a class action, is conditioned upon
final court approval; payment in full of the Settlement Amount; dismissal of the
Action as to Defendants with prejudice; and the Judgment becoming Final. Should
those conditions not be met, the Settlement shall be null and void. </FONT></P>
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    <TD vAlign=middle noWrap align=left width="30%"></TD>
    <TD vAlign=middle noWrap align=center width="40%"><FONT size=2 face="Times New Roman">22.</FONT></TD>
    <TD vAlign=middle noWrap align=right width="30%"><B><FONT style="FONT-VARIANT: small-caps" face="Times New Roman" size=2>Stipulation and Agreement of Settlement<BR>Case
      No. 3:14-CV-01224 (CRB)</FONT></B></TD></TR></TABLE><BR>
<HR align=center width="100%" noShade size="2">

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P align=center><B><U><FONT face="Times New Roman" size=2>EFFECTIVE
DATE</FONT></U></B><B><FONT face="Times New Roman" size=2> </FONT></B></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>43. The Effective Date of
this Settlement shall be the first business day on which all of the following
shall have occurred or been waived:</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>a) entry of the Preliminary
Approval Order, which shall be in all material respects substantially in the
form set forth in Exhibit A annexed hereto;</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>b) payment of the
Settlement Amount into the Escrow Account;</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>c) approval by the Court of
the Settlement, following notice to the Class and the Final Fairness Hearing, as
prescribed by Rule 23 of the Federal Rules of Civil Procedure; and</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>d) a Judgment, which shall
be in all material respects substantially in the form set forth in Exhibit B
annexed hereto, has been entered by the Court and has become Final; or in the
event that the Court enters a judgment in a form other than the Judgment
(&#147;Alternative Judgment&#148;) and none of the Settling Parties elects to terminate
the Settlement by reason of such variance, the Alternative Judgment has become
Final. </FONT></P>
<P align=center><B><U><FONT face="Times New Roman" size=2>TERMINATION</FONT></U></B></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>44. Each of the Defendants
and Lead Plaintiff shall have the right to terminate the Settlement and this
Stipulation by providing written notice of their election to do so (&#147;Termination
Notice&#148;) to all other parties hereto within thirty (30) calendar days of: (a)
the Court&#146;s declining to enter the Preliminary Approval Order in any material
respect; (b) the Court&#146;s refusal to approve this Stipulation or any part of it
in any material respect; (c) the Court&#146;s declining to enter the Judgment in any
material respect; (d) the date upon which the Judgment is modified or reversed
in any material respect by the United States Court of Appeals or the Supreme
Court of the United States; or (e) in the event that the Court enters an
Alternative Judgment and none of the parties hereto elects to terminate this
Settlement, the date upon which such Alternative Judgment is modified or
reversed in any material respect by the United States Court of Appeals or the
Supreme Court of the United States. The award of attorneys&#146; fees, if any, to
Lead Counsel is not a basis for termination of this Settlement Agreement.
</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>45. In addition, as set
forth in &#182;39, pursuant to the terms of the Settling Parties&#146; </FONT><FONT face="Times New Roman" size=2>Supplemental Agreement, Geron shall then have, in
its sole discretion, the option to terminate this Settlement. This option must
be exercised on or before ten (10) calendar days prior to the date set by the
Court for the Final Fairness Hearing, or the option is waived. If Geron
exercises its option to terminate this Settlement, it shall provide written
notice to Lead Counsel and the other Defendants. The Settling Parties shall, if
this option is exercised, proceed in all respects as if this Stipulation had not
been executed. </FONT></P>
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    <TD vAlign=middle noWrap align=left width="30%"></TD>
    <TD vAlign=middle noWrap align=center width="40%"><FONT size=2 face="Times New Roman">23.</FONT></TD>
    <TD vAlign=middle noWrap align=right width="30%"><B><FONT style="FONT-VARIANT: small-caps" face="Times New Roman" size=2>Stipulation and Agreement of Settlement<BR>Case
      No. 3:14-CV-01224 (CRB)</FONT></B></TD></TR></TABLE><BR>
<HR align=center width="100%" noShade size="2">

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>46. In addition to the
rights and remedies that Lead Plaintiff has under the terms of this Stipulation,
Lead Plaintiff shall also have the right to terminate the Settlement in the
event that the Settlement Amount has not been paid in the time provided for in
&#182;9 above, by providing written notice of the election to terminate to all other
Settling Parties and, such failure to pay the settlement amount is not cured
within 14 calendar days of receipt of such written notice.</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>47. Except as otherwise
provided herein, in the event the Settlement is terminated or fails to become
effective for any reason, then the Settlement shall be without prejudice and
none of its terms shall be effective or enforceable except as specifically
provided herein, the parties to this Stipulation shall be deemed to have
reverted to their respective status in the Action as of November 10, 2016 and,
except as otherwise expressly provided, the parties in the Action shall proceed
in all respects as if this Stipulation and any related orders had not been
entered. In such event, the fact and terms of this Stipulation shall not be
admissible in any trial or any other proceedings of this Action or any other
action or proceeding. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>48. If the Settlement is
terminated, or if the Settlement Amount, or any portion thereof, is to be
returned pursuant to the provisions of this Stipulation, any portion of the
Settlement Amount previously paid by or on behalf of Defendants, plus interest
earned less any Taxes paid or due (in which case the deducted funds will be used
to pay such Taxes) with respect to such interest income, and less any Notice and
Administration Expenses actually paid or incurred up to $250,000, shall be
returned to the source of such payments within ten (10) business days of the
date of termination. </FONT></P>
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    <TD vAlign=middle noWrap align=center width="40%"><FONT size=2 face="Times New Roman">24.</FONT></TD>
    <TD vAlign=middle noWrap align=right width="30%"><B><FONT style="FONT-VARIANT: small-caps" face="Times New Roman" size=2>Stipulation and Agreement of Settlement<BR>Case No. 3:14-CV-01224
      (CRB)</FONT></B></TD></TR></TABLE><BR>
<HR align=center width="100%" noShade size="2">

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P align=center><B><U><FONT face="Times New Roman" size=2>NO ADMISSION OF
WRONGDOING</FONT></U></B></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>49. This Stipulation,
whether or not consummated, and any negotiations, proceedings, agreements,
documents or statements relating to the Stipulation, the Settlement, and any
matters arising in connection with settlement negotiations, proceedings, or
agreements: </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>a. shall not be admissible
in any action or proceeding for any reason, other than an action to enforce the
terms hereof;</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>b. shall not be described
as, construed as, offered or received against Defendants as evidence of and/or
deemed to be evidence of any presumption, concession, or admission by Defendants
of: the truth of any fact alleged by Lead Plaintiff; the validity of any claim
that has been or could have been asserted in the Action or in any litigation;
the deficiency of any defense that has been or could have been asserted in the
Action or in any litigation; or any liability, negligence, fault, or wrongdoing
of Defendants;</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>c. shall not be described
as, construed as, offered or received against Lead Plaintiff or any Class
Members as evidence of any infirmity in the claims of said Lead Plaintiff and
the Class or that damages recoverable under the CAC would not have exceeded the
Settlement Amount;</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>d. shall not be described
as, construed as, offered or received against any of the parties to this
Stipulation or any of the Defendant Releasees or Plaintiff Released Parties, in
any other civil, criminal or administrative action or proceeding, provided,
however, that (i) if it is necessary to refer to this Stipulation to effectuate
the provisions of this Stipulation, it may be referred to in such proceedings,
and (ii) if this Stipulation is approved by the Court, the Defendant Releasees
may refer to it to effectuate the liability protection granted to them
hereunder; and</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 30pt"><FONT face="Times New Roman" size=2>e. shall not be described
as or construed against Defendants, Defendant Releasees or the Lead Plaintiff
and any Class Members as an admission or concession that the consideration to be
given hereunder represents the amount which could be or would have been awarded
to said Lead Plaintiff or Class Members after trial. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>50. The Settling Parties
agree that the United States District Court for the Northern </FONT><FONT face="Times New Roman" size=2>District of California has exclusive jurisdiction
over this Settlement. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>51. All of the exhibits
attached hereto are hereby incorporated by reference as though </FONT><FONT face="Times New Roman" size=2>fully set forth herein. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>52. If a case is commenced
in respect of any of the Defendants under Title 11 of the </FONT><FONT face="Times New Roman" size=2>United States Code (Bankruptcy), or a trustee,
receiver or conservator is appointed under any similar law, and in the event of
the entry of a final order of a court of competent jurisdiction determining the
transfer of money to the Settlement Fund or any portion thereof by or on behalf
of any of the Defendants to be a preference, voidable transfer, fraudulent
transfer or similar transaction, and any portion thereof is required to be
returned, and such amount is not promptly deposited to the Settlement Fund by
others, then, at the election of Lead Plaintiff, the Settling Parties shall
jointly move the Court to vacate and set aside the releases given and the
Judgment entered in favor of Defendants pursuant to this Stipulation, which
releases and Judgment shall be null and void, and the parties shall be restored
to their respective positions in the litigation as of November 10, 2016, and any
cash amounts in the Settlement Fund shall be returned as provided above.
</FONT></P>
<TABLE style="LINE-HEIGHT: normal; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=bottom>
    <TD vAlign=middle noWrap align=left width="30%"></TD>
    <TD vAlign=middle noWrap align=center width="40%"><FONT size=2 face="Times New Roman">25.</FONT></TD>
    <TD vAlign=middle noWrap align=right width="30%"><B><FONT style="FONT-VARIANT: small-caps" face="Times New Roman" size=2>Stipulation and Agreement of Settlement<BR>Case
      No. 3:14-CV-01224 (CRB)</FONT></B></TD></TR></TABLE><BR>
<HR align=center width="100%" noShade size="2">

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>53. The Settling Parties
intend the Settlement of the Action to be a final and complete resolution of all
disputes asserted or which could be asserted by Lead Plaintiff and Class Members
against Defendants with respect to the Settled Claims. Accordingly, the Settling
Parties agree not to assert in any forum that the Action was brought or defended
in bad faith or without a reasonable basis. The Settling Parties hereto shall
assert no claims of any violation of Rule 11 of the Federal Rules of Civil
Procedure relating to the maintenance, defense, or settlement of the Action. The
parties agree that the amount paid and the other terms of the Settlement were
negotiated at arm&#146;s-length in good faith by the parties, and reflect a settlement
that was reached voluntarily after consultation with experienced legal counsel.
Lead Plaintiff and Class Members agree not to seek any additional discovery of
any form from any Defendant related to Settled Claims. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>54. The Settling Parties:
(a) acknowledge that it is their intent to consummate this Stipulation; and (b)
agree, subject to their fiduciary and other legal obligations, to cooperate to
the extent reasonably necessary to effectuate and implement all terms and
conditions of this Stipulation and to exercise their reasonable best efforts to
accomplish the foregoing terms and conditions of this Stipulation. Lead Counsel
and Defendants&#146; Counsel agree to cooperate with one another in seeking Court
approval the Stipulation and the Settlement, and to promptly agree upon and
execute all such other documentation as may be reasonably required to obtain
final approval of the Settlement. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>55. This Stipulation may
not be modified or amended, nor may any of its provisions be </FONT><FONT face="Times New Roman" size=2>waived, except by a writing signed by all parties
hereto or their successors-in-interest. </FONT></P>
<TABLE style="LINE-HEIGHT: normal; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=bottom>
    <TD vAlign=middle noWrap align=left width="30%"></TD>
    <TD vAlign=middle noWrap align=center width="40%"><FONT size=2 face="Times New Roman">26.</FONT></TD>
    <TD vAlign=middle noWrap align=right width="30%"><B><FONT style="FONT-VARIANT: small-caps" face="Times New Roman" size=2>Stipulation and Agreement of Settlement<BR>Case
      No. 3:14-CV-01224 (CRB)</FONT></B></TD></TR></TABLE><BR>
<HR align=center width="100%" noShade size="2">

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>56. The headings herein are
used for the purpose of convenience only and are not meant </FONT><FONT face="Times New Roman" size=2>to have legal effect. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>57. The administration and
consummation of the Settlement as embodied in this Stipulation shall be under
the authority of the Court, and the Court shall retain jurisdiction for the
purpose of entering orders providing for awards of attorneys&#146; fees and expenses
to Lead Counsel and enforcing the terms of this Stipulation. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>58. The waiver by one party
of any breach of this Stipulation by any other party shall not </FONT><FONT face="Times New Roman" size=2>be deemed a waiver of any other prior or
subsequent breach of this Stipulation. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>59. This Stipulation and
its exhibits constitute the entire agreement among the parties hereto concerning
the Settlement of the Action as against Defendants, and no representations,
warranties, or inducements have been made by any party hereto concerning this
Stipulation and the exhibits other than those contained and memorialized in such
documents. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>60. This Stipulation may be
executed in one or more counterparts, including by signatures transmitted by
email in PDF format. All executed counterparts and each of them shall be deemed
to be one and the same instrument provided that counsel for the parties to this
Stipulation shall exchange among themselves original signed counterparts.
</FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>61. This Stipulation shall
be binding upon, and inure to the benefit of, the successors and </FONT><FONT face="Times New Roman" size=2>assigns of the parties hereto. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>62. The construction,
interpretation, operation, effect and validity of this Stipulation, and all
documents necessary to effectuate it, shall be governed by the internal laws of
the State of California without regard to conflicts of laws, except to the
extent that federal law requires that federal law govern. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>63. All counsel and any
other Person executing this Stipulation and any of the exhibits hereto, or any
related settlement documents, warrant and represent that they have the full
authority to do so, and that they have the authority to take appropriate action
required or permitted to be taken pursuant to the Stipulation to effectuate its
terms. </FONT></P>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>64. This Stipulation shall
not be construed more strictly against one Settling Party than </FONT><FONT face="Times New Roman" size=2>another Settling Party merely by virtue of the
fact that it, or any part of it, may have been prepared by counsel for one of
the Settling Parties, it being recognized that it is the result of arm&#146;s-length
negotiations between the Settling Parties and that all Settling Parties have
contributed substantially and materially to the preparation of this Stipulation.
</FONT></P>
<TABLE style="LINE-HEIGHT: normal; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=bottom>
    <TD vAlign=middle noWrap align=left width="30%"></TD>
    <TD vAlign=middle noWrap align=center width="40%"><FONT size=2 face="Times New Roman">27.</FONT></TD>
    <TD vAlign=middle noWrap align=right width="30%"><B><FONT style="FONT-VARIANT: small-caps" face="Times New Roman" size=2>Stipulation and Agreement of Settlement<BR>Case
      No. 3:14-CV-01224 (CRB)</FONT></B></TD></TR></TABLE><BR>
<HR align=center width="100%" noShade size="2">

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P ALIGN="JUSTIFY" STYLE="text-indent: 15pt"><B><FONT face="Times New Roman" size=2>IN WITNESS
HEREOF</FONT></B><FONT face="Times New Roman" size=2>, the Settling Parties have
caused this Stipulation to be executed, by </FONT><FONT face="Times New Roman" size=2>their duly authorized attorneys, as of March 2, 2017.</FONT></P>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"><FONT face="Times New Roman" size=2>Dated: March 2,
      2017</FONT></TD>
    <TD noWrap align=left width="49%" colSpan=3><B><FONT face="Times New Roman" size=2>COOLEY LLP</FONT></B></TD></TR>
  <TR>
    <TD width="99%" colSpan=4>&nbsp;</TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%">&nbsp;</TD>
    <TD noWrap align=left width="1%"><FONT face="Times New Roman" size=2>By:</FONT></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="15%"><FONT face="Times New Roman" size=2>/s/ Ryan E. Blair</FONT></TD>
    <TD noWrap style="text-align: center" width="33%"></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap style="text-align: center" width="15%"><FONT face="Times New Roman" size=2>Ryan E. Blair
      (246724)</FONT></TD>
    <TD noWrap align=right width="33%"></TD></TR>
  <TR>
    <TD width="99%" colSpan=4>&nbsp;</TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="49%" colSpan=3><FONT face="Times New Roman" size=2>John C. Dwyer
      (136533)</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="49%" colSpan=3><FONT face="Times New Roman" size=2>Brett De Jarnette
      (292919)</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="49%" colSpan=3><FONT face="Times New Roman" size=2>3175 Hanover
      Street</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="49%" colSpan=3><FONT face="Times New Roman" size=2>Palo Alto, CA
      94304</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="49%" colSpan=3><FONT face="Times New Roman" size=2>Telephone: (650)
      843-5000</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="49%" colSpan=3><FONT face="Times New Roman" size=2>Facsimile: (650)
      849-7400</FONT></TD></TR>
  <TR>
    <TD width="99%" colSpan=4>&nbsp;</TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="49%" colSpan=3><FONT face="Times New Roman" size=2>Ryan E. Blair
      (246724)</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="49%" colSpan=3><FONT face="Times New Roman" size=2>4401 Eastgate
      Mall</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="49%" colSpan=3><FONT face="Times New Roman" size=2>San Diego, CA
      92121-1909</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="49%" colSpan=3><FONT face="Times New Roman" size=2>Telephone: (858)
      550-6000</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="49%" colSpan=3><FONT face="Times New Roman" size=2>Facsimile: (858)
      550-6420</FONT></TD></TR>
  <TR>
    <TD width="99%" colSpan=4>&nbsp;</TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="49%" colSpan=3><I><FONT face="Times New Roman" size=2>Attorneys for Defendants Geron
Corporation,</FONT></I></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="49%" colSpan=3><I><FONT face="Times New Roman" size=2>John A. Scarlett, Olivia K. Bloom, and Stephen
    M.</FONT></I></TD></TR>
  <TR>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="49%" colSpan=3><EM><FONT size=2 face="Times New Roman">Kelsey</FONT></EM></TD></TR>
  <TR>
    <TD width="99%" colSpan=4>&nbsp;</TD></TR>
  <TR>
    <TD width="99%" colSpan=4>&nbsp;</TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"><FONT face="Times New Roman" size=2>Dated: March 2,
      2017</FONT></TD>
    <TD noWrap align=left width="49%" colSpan=3><B><FONT face="Times New Roman" size=2>FARUQI &amp; FARUQI, LLP</FONT></B></TD></TR>
  <TR>
    <TD width="99%" colSpan=4>&nbsp;</TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="1%"><FONT face="Times New Roman" size=2>By:</FONT></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="15%"><FONT face="Times New Roman" size=2>/s/ RW Gonnello</FONT></TD>
    <TD noWrap align=right width="33%"></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap style="text-align: center" width="15%"><FONT face="Times New Roman" size=2>Richard W.
      Gonnello</FONT></TD>
    <TD noWrap align=right width="33%"></TD></TR>
  <TR>
    <TD width="99%" colSpan=4>&nbsp;</TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="49%" colSpan=3><FONT face="Times New Roman" size=2>Richard W.
      Gonnello (admitted </FONT><I><FONT face="Times New Roman" size=2>pro hac vice</FONT></I><FONT face="Times New Roman" size=2>)</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="49%" colSpan=3><FONT face="Times New Roman" size=2>Megan M. Sullivan
      (admitted </FONT><I><FONT face="Times New Roman" size=2>pro hac vice</FONT></I><FONT face="Times New Roman" size=2>)</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="49%" colSpan=3><FONT face="Times New Roman" size=2>Katherine M.
      Lenahan (admitted </FONT><I><FONT face="Times New Roman" size=2>pro hac vice</FONT></I><FONT face="Times New Roman" size=2>)</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="49%" colSpan=3><FONT face="Times New Roman" size=2>685 Third Avenue,
      26th Floor</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="49%" colSpan=3><FONT face="Times New Roman" size=2>New York, NY
      10017</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="49%" colSpan=3><FONT face="Times New Roman" size=2>Telephone: (212)
      983-9330</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="49%" colSpan=3><FONT face="Times New Roman" size=2>Facsimile: (212)
      983-9331</FONT></TD></TR>
  <TR>
    <TD width="99%" colSpan=4>&nbsp;</TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="49%" colSpan=3><FONT face="Times New Roman" size=2>Barbara Rohr SBN
      273353</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="49%" colSpan=3><FONT face="Times New Roman" size=2>10866 Wilshire
      Boulevard, Suite 1470</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="49%" colSpan=3><FONT face="Times New Roman" size=2>Los Angeles, CA
      90024</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="49%" colSpan=3><FONT face="Times New Roman" size=2>Telephone: (424)
      256-2884</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="49%" colSpan=3><FONT face="Times New Roman" size=2>Facsimile: (424)
      256-2885</FONT></TD></TR>
  <TR>
    <TD width="99%" colSpan=4>&nbsp;</TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="49%" colSpan=3><I><FONT face="Times New Roman" size=2>Attorneys for Lead
Plaintiff</FONT></I></TD></TR></TABLE><BR>
<TABLE style="LINE-HEIGHT: normal; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=bottom>
    <TD vAlign=middle noWrap align=left width="30%"></TD>
    <TD vAlign=middle noWrap align=center width="40%"><FONT size=2 face="Times New Roman">28.</FONT></TD>
    <TD vAlign=middle noWrap align=right width="30%"><B><FONT style="FONT-VARIANT: small-caps" face="Times New Roman" size=2>Stipulation and Agreement of Settlement<BR>Case No. 3:14-CV-01224
      (CRB)</FONT></B></TD></TR></TABLE><BR>
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