Document:

EXHIBIT 10.4

FIRST AMENDMENT TO
EMPLOYMENT
AGREEMENT

     THIS FIRST AMENDMENT (the
“First Amendment”) to the Employment Agreement, including all Exhibits thereto (the
“Employment Agreement”) by and between Andrew J. Grethlein (“Executive”) and Geron
Corporation, a Delaware Corporation (the “Company”) is made effective February
11, 2014. Capitalized terms used in this First Amendment that are not otherwise
defined herein shall have the meanings provided therefor in the Employment
Agreement. 

     WHEREAS, the Employment Agreement was entered by the Company and
Executive effective September 17, 2012; and 

     WHEREAS, the Company and Executive desire to further amend the
Employment Agreement as set forth herein.

     NOW, THEREFORE, in consideration of the mutual promises and covenants
contained herein, it is hereby agreed by and between the parties hereto as
follows: 

AGREEMENT

		1.	Section 3.1 of the Employment Agreement (Base
      Salary) is hereby deleted in its entirety and
      replaced with the following:
	     	       	     	
				
      “3.1 Base Salary. Executive shall
      receive for services to be rendered hereunder such annual base salary as
      is approved by the Board of Directors of the Company (the “Board”) or the
      Compensation Committee of the Board, payable on the regular payroll dates
      of the Company, subject to increase in the sole discretion of the Board or
      Compensation Committee of the Board (the “Base Salary”). As of the
      effective date of this first amendment, Executive’s Base Salary is
      $379,000.” 

				 
		2.	Section
      3.2 of the Employment Agreement (Bonus) is hereby deleted in its entirety and replaced with the
      following:
				 
				
      “3.2 Bonus. Executive shall be
      eligible to earn, for each fiscal year of the Company ending during
      Executive’s employment with the Company, an annual discretionary cash
      bonus (an “Annual Bonus”) targeted at forty-five percent (45%) of
      Executive’s Base Salary. If the Company determines, in its reasonable
      discretion, that Executive has engaged in any misconduct intended to
      affect the payment of his/her Annual Bonus, or has
otherwise engaged in any act or omission that would constitute Cause for
termination of employment, as defined by Section 1.2 of the Agreement, Executive
will automatically and immediately forfeit his/her entire Annual Bonus. If the
Annual Bonus has already been paid to Executive, such Annual Bonus will be
deemed unearned, and the Company shall have the right to recover the entire
amount of the Annual Bonus paid to Executive for the calendar year(s) in which
such misconduct or other act or omission constituting Cause occurred. Without
limiting the foregoing, any such misconduct or other act or omission
constituting Cause will subject Executive to disciplinary action up to and
including termination of employment. In addition, any Annual Bonus paid to
Executive for the calendar year(s) in which such misconduct or other Cause
occurred is subject to recoupment in accordance with The Dodd–Frank Wall Street
Reform and Consumer Protection Act and any implementing regulations, any other
clawback policy adopted by the Company and any compensation recovery policy
otherwise required by applicable laws, regulations or statutes. Recovery by the
Company of an Annual Bonus in accordance with this Section shall not constitute
an event giving rise to a right by Executive to voluntarily terminate his/her
employment for cause based on such recovery by Company, nor shall it constitute
“constructive termination”, or any similar term or circumstance under the
Agreement or any other plan or agreement with the Company.” 

Page 1 of 2
First Amendment to Employment
Agreement/Grethlein 

Except as expressly set forth herein,
all terms and conditions of the Employment Agreement, as amended by this First
Amendment, remain unchanged and in full force and effect. 

In Witness Whereof, the parties have executed this First Amendment on the respective dates set forth below:

	GERON
      CORPORATION
	 
	By:	/s/ John A.
      Scarlett
		John A. Scarlett, MD
		President & Chief Executive Officer
	 
	Date: 	10 Feb
    14

Accepted and agreed this
11th day of February, 2014. 

	/s/ Andrew Grethlein
	Andrew J.
      Grethlein

Page 2 of 2
First Amendment to Employment
Agreement/GrethleinEXHIBIT 10.5

FIRST AMENDMENT TO
EMPLOYMENT
AGREEMENT 

     THIS FIRST AMENDMENT (the
“First Amendment”) to the Employment Agreement, including all Exhibits thereto (the
“Employment Agreement”) by and between John A. Scarlett (“Executive”) and Geron Corporation, a Delaware Corporation (the “Company”) is made effective
February 11, 2014. Capitalized terms used in this First Amendment that are not
otherwise defined herein shall have the meanings provided therefor in the
Employment Agreement. 

     WHEREAS, the Employment Agreement was entered by the Company and
Executive effective September 29, 2011; and 

     WHEREAS, the Company and Executive desire to further amend the
Employment Agreement as set forth herein.

     NOW, THEREFORE, in consideration of the mutual promises and covenants
contained herein, it is hereby agreed by and between the parties hereto as
follows:

AGREEMENT

		1.	Section 3.1 of the Employment Agreement (Base
      Salary) is hereby deleted in its entirety and
      replaced with the following:
	     	       	     	
				
      “3.1 Base Salary. During the term
      of Executive’s employment with the Company, Executive shall receive such
      annual base salary as is approved by the Board of Directors of the Company
      (the “Board”), subject to increase in the sole discretion of the Board (the
      “Base Salary”), payable in accordance with the regular payroll practices of the
      Company. As of the effective date of this First Amendment, Executive’s
      Base Salary is $586,500.” 

				 
		2.	Section
      3.2 of the Employment Agreement (Bonus) is hereby deleted in its entirety and replaced with the
      following:
				 
				
      “3.2 Bonus. Executive shall be
      eligible to earn, for each fiscal year of the Company ending during
      Executive’s employment with the Company, an annual discretionary cash
      bonus (an “Annual Bonus”) targeted at sixty percent (60%) of Executive’s
      Base Salary. If the Company determines, in its reasonable discretion, that
      Executive has engaged in any misconduct intended to affect the payment of
      his/her Annual Bonus, or has otherwise engaged in any act or omission that
      would constitute Cause for termination of employment, as defined by
      Section 1.2 of the Agreement, Executive will automatically and immediately
      forfeit his/her entire Annual Bonus. If the Annual Bonus has
already been paid to Executive, such Annual Bonus will be deemed unearned, and
the Company shall have the right to recover the entire amount of the Annual
Bonus paid to Executive for the calendar year(s) in which such misconduct or
other act or omission constituting Cause occurred. Without limiting the
foregoing, any such misconduct or other act or omission constituting Cause will
subject Executive to disciplinary action up to and including termination of
employment. In addition, any Annual Bonus paid to Executive for the calendar
year(s) in which such misconduct or other Cause occurred is subject to
recoupment in accordance with The Dodd–Frank Wall Street Reform and Consumer
Protection Act and any implementing regulations, any other clawback policy
adopted by the Company and any compensation recovery policy otherwise required
by applicable laws, regulations or statutes. Recovery by the Company of an
Annual Bonus in accordance with this Section shall not constitute an event
giving rise to a right by Executive to voluntarily terminate his/her employment
for cause based on such recovery by Company, nor shall it constitute
“constructive termination”, or any similar term or circumstance under the
Agreement or any other plan or agreement with the Company.”

Page 1 of 2
First Amendment to Employment
Agreement/Scarlett 

Except as expressly set forth herein,
all terms and conditions of the Employment Agreement, as amended by this First
Amendment, remain unchanged and in full force and effect. 

In Witness Whereof, the parties have
executed this First Amendment on the respective dates set forth below:

	GERON
      CORPORATION
	 
	By:	/s/ Hoyoung Huh
		Hoyoung
      Huh
		Chairman
      of the Board
	 
	Date: 	Feb 11,
      2014

Accepted and agreed this
11th day of February, 2014. 

	/s/ John A. Scarlett
	John A. Scarlett,
  MD

Page 2 of 2
First Amendment to Employment
Agreement/Scarlettf10q1213ex10i_chinaginseng.htm

Exhibit 10.1

 

借款合同

 

甲方:香港华夏国际实业有限公司

法定代表人:刘长祯

护照号 (身份证号):220502195508150039

乙方:张飞

护照号(身份证号)320830197612122075

 

            双方本着平等互利、协商一致的原则,签订本合同,以资双方信守执行。

 

	
 

	
一、

	
甲方向乙方借款600万美元。乙方负责为甲方筹措资金600万美元用于吉林华夏的资产投资;

	
 

	
二、

	
借款期限:2013年10月29日——2014年2月28日止。

	
 

	
三、

	
甲方同意向乙方一次性支付中介费1,300,000人民币(213,115 美元)。无利息需要支付。

	
 

	
四、

	
甲方保证按时偿还上述借款本金600万美元;如果不能按时偿还,乙方将收回吉林华夏所投资的资产。

	
 

	
五、

	
借款全部到甲方账户后,甲方必须立即划款中介费给乙方。

	
 

	
六、

	
凡因本合同所发生的一切争执,双方应友好协商解决,如协商不能解决则提交当地仲裁机构,根据当地仲裁程序进行仲裁,仲裁费用由败诉方承担。

	
 

	
七、

	
本合同一式两份,双方各执一份,双方法定代表人或本人签字盖章后生效。

 

甲方:香港华夏国际实业有限公司(盖章)

法人代表签字:

乙方:

 

二0一三年十月二十七日

 

  

  

  

 

Loan Contract

 

Party A: Hong Kong Huaxia International Industrial Co.,Ltd.

Legal Representative:Liu, Changzhen

ID number: 220502195508150039

Party B: Zhang, Fei

ID number: 320830197612122075

 

Party A and B have reached the contract through friendly consultation both parties hereby proclaim the following contract for the purpose of abiding execution by both parties.

 

Item 1. Party A borrows $ 6,000,000 from Party B. Party B is responsible for raising funds $ 6,000,000 to be used in the fixed assets investment of Jilin Huaxia Ginseng Co., Ltd, the subsidiary of Party A.

 

Item 2. Loan period: from October 29th,2013 to February 28th,2014.

 

Item 3. Party A agrees to pay a one-time agency fee RMB 1,300,000( $213,115)to Party B without any interests.

 

Item 4. Party A ensures timely to repay the principal of $ 6,000,000 of the above loan, if not, Party B will recover the assets invested in Jilin Huaxia.

 

Item 5. After Party A receives all the loan, the agency fee shall be transferred to Party B as soon as possible.

 

Item 6. Any dispute arising from or in connection with this contract shall be submitted to the local Arbitration Commission for arbitration in accordance with its existing rules of arbitration. The arbitral award is final and binding upon both parties. Arbitration fees shall be borne by the losing party.

 

Item. 7 This contract is written in two originals, one for each party and is valid with signature and stamp.

 

Party A: Hong Kong Huaxia International Industrial Co., Ltd.(Stamp)

 

Legal representative signature:

 

Party B: Zhang, Fei

 

Signature:

 

10-27-2013

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00226-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00226-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00226-of-00352.parquet"}]]