Location:’ StanfordUniversity’ PaulBergHall’ LiKa’Shing .

nford,CARobert Birgeneau0Floyd Bloom0Gary Firestein1Susan Bryant1Marcy Feit1Michael Friedman0Leeza Gibbons1Michael Goldberg1Sam Hawgood1Stephen Juelsgaard1Sherry Lansing1Ted Love1Bertram Lubin1Leon Fine1Phil Pizzo1Claire Pomeroy1Francisco Prieto1Elizabeth Fini1Robert Quint1Duane Roth1Joan Samuelson1David Serrano Sewell0Jeff Sheehy1Jonathan Shestack0Oswald Steward1Jonathan Thomas1Art Torres1Kristiina Vuori1James Economou1

REPORTSANDDISCUSSIONITEMSAgendaItem#4 ReportgivenbyChairmanJonathanThomasAgendaItem#5 ReportgivenbyDr.Trounson a- depohl,ShellyJawjayAgendaItem#6 ration of recommendations from Grants Working Groupregarding applications submitted in response to RFA 10-05: CIRM Disease TeamTherapy Development Awards PART I: Planning Awards. Recommendations from Grants Working Group Presented by Dr. Karen Berryand Dr. Ellen Feigal, Gil SambranoExtraordinary Petition #5346 No action takenCLOSED SESSIONACTION ITEMSMOTION#1 Motion made by Dr. Love to approve the grants in Tier 1 of the Disease TeamTherapy Development Awards Part 1: Planning Awards Motion seconded by Art TorresVote: The ICOC by roll call vote passed the motion Vote: 23 Yes (except as to applications in which members had a conflict); 0 No; 0AbstentionsMOTION # 2 Motion made by Dr. Love NOT to fund the projects listed in Tier 3. Motion seconded by Steve Juelsgaard

AgendaItem#7310/26/11ICOCMeetingVote: The ICOC by roll call vote passed the motion Vote: 23 Yes(except as to applications in which members had a conflict); 0 No; 0AbstentionsAgenda Item # 9 Consideration of Minutes from the previous Board MeetingMOTION #3 Motion made by Sherry Lansing to approve minutes from the June 2011 BoardMeeting Motion seconded by Art TorresVote: The ICOC by voice vote approved the minutes from the previous meeting Vote: 23 YES; 0 NO; 0 AbstentionAgenda Item #15 Consideration of resolution honoring Melissa King for hercontributions to CIRM, stem cell research and California patients. Resolution presented by Sherry LansingMOTION #4 Motion made by Art Torres for the resolution honoring Melissa King Motion seconded by Sherry LansingVote: The ICOC by voice vote approved the resolution honoring Melissa King VOTE: 23 YES; 0 NO; 0 AbstentionPublic Comment made by Don ReedAgenda Item #10 Consideration of final adoption of amendments to Regulation100080, "Acceptable Research Materials.” Recommendation made by Geoff LomaxMOTION #5 Motion made by Dr. Prieto to adopt amendments to Regulation 100080“Acceptable Research Materials.” Motion seconded by Dr. LoveVote: The ICOC by voice voted to adopt amendments to Regulation 100080 Vote: 23 YES; 0 NO; 0 AbstentionAgenda Item # 11 Consideration of process for obtaining supplemental informationfrom applicants for Disease Team and Clinical Trial Awards.

Changes presented by Ellen Feigal for process for obtaining supplementalinformation from applicants for awards.Motion # 6 Motion made by Duane Roth to approve the changes to the process as presented. Motion seconded by Joan Samuelson.Vote: The ICOC by voice voted to approve the changes. Vote: 23 YES; 0 NO; 0 AbstentionAgendaItem#12Consideration of extension of Research Leadership Awardprogram. programbyMichaelJaffeMotion#7 AwardProgram MotionsecondedbyDuaneRothVote: The ICOC by voice voted to extend the program. Vote: 23 YES; 0 NO; 0 AbstentionAgendaItem#13Consideration of job description for Chief Financial Officer. ergMotion#8 MotionmadebyArtTorrestoapprovejobdescriptionforCFO MotionsecondedbySherryLansingVote: The ICOC by voice voted to approve the job description. Vote: 23 YES; 0 NO; 0 AbstentionAgendaItem#14Consideration of report from Intellectual PropertySubcommittee. itteemeeting.

MOTION 1Maker:LoveSecond:Torres8/25/11VOTEMOTION ApproveDo Not FundApplications in Tier Applications in Tier13MEMBERSRobert BirgeneauFloyd BloomGary Firestein for BrennerSusan BryantMarcy FeitMichael FriedmanLeeza GibbonsMichael GoldbergSam HawgoodStephen JuelsgaardSherry LansingTed LoveBertram LubinLeon Fine for MelmedPhil PizzoClaire PomeroyFrancisco PrietoCarmen Puliafito/Elizabeth FiniRobert QuintDuane RothJoan SamuelsonDavid Serrano SewellJeff SheehyJon ShestackOswald StewardJon ThomasArt TorresKristiina VuoriJames Economou for WashingtonTotalATTENDANCEAAPPP (10:16)APPPPPP (10:47)PPP (2:15)PPPP (9:51)PP (9:24)APAPPPPP24 P23 Y5A0N0A15 CMOTION 3Maker:LansingSecond:TorresMOTION 4Maker:TorresSecond:Lansing8/25/11VOTEMOTION 5Maker:PrietoSecond:Love8/25/11VOTEMOTION 6Maker:RothSecond:SamuelsonMOTION RIPTIONDESCRIPTIONDESCRIPTIONApprove Minutes Approve ResolutionApproveApproveApprove ExtensionHonoring MelissaAmendments toSupplementalof ResearchKingRegulation 100080 Information Process Leadership YY/CY/CY23 Y0N0A15 CPASSPASSYYYYY23 Y (VV)0N0A0CPASSYYYYY23 Y (VV)0N0A0CPASSYYYYY23 Y (VV)0N0A0CPASSYYYYY23 Y (VV)0N0A0CPASSYYYYY23 Y (VV)0N0A0CPASS

8/25/11VOTEMOTION 8Maker:TorresSecond:LansingDESCRIPTIONApprove CFOPosition DescriptionMEMBERSRobert BirgeneauFloyd BloomGary Firestein for BrennerSusan BryantMarcy FeitMichael FriedmanLeeza GibbonsMichael GoldbergSam HawgoodStephen JuelsgaardSherry LansingTed LoveBertram LubinLeon Fine for MelmedPhil PizzoClaire PomeroyFrancisco PrietoCarmen Puliafito/Elizabeth FiniRobert QuintDuane RothJoan SamuelsonDavid Serrano SewellJeff SheehyJon ShestackOswald StewardJon ThomasArt TorresKristiina VuoriJames Economou for WashingtonTotalATTENDANCEAAPYPYP (10:16)YAPYPYPYPYPYP (10:47)YPYPYP (2:15)PYPYPYP (9:51)YPYP (9:24)YAPYAPYPYPYPYPY24 P23 Y (VV)5A0N0A0CPASS

Gary Firestein 1 Susan Bryant 1 Marcy Feit 1 Michael Friedman . Elizabeth Fini 1 Robert Quint 1 Duane Roth 1 Joan Samuelson 1 David Serrano Sewell 0 Jeff Sheehy 1 Jonathan Shestack 0 Oswald Steward 1 Jonathan Thomas 1 Art Torres . Recommendations from Grants Working Group Presented by Dr. Karen Berr