Common use of Voluntary Reduction Clause in Contracts

Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days or such longer period as may be required by law and if the reduction is irrevocable during the period; provided that in no event may the Conversion Price be less than the par value of a share of Common Stock.

Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days days or such longer period as may be required by law and if the reduction is irrevocable during the period; provided that in no event may the Conversion Price be less than the par value of a share of Common Stock.

Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days or such longer period as may be required by law days and if the reduction is irrevocable during the periodperiod if the Board of Directors determines that such reduction would be in the best interest of the Company and the Company provides 15 days prior notice of any reduction in the Conversion Price; provided provided, however, that in no event may the Company reduce the Conversion Price to be less than the par value of a share of Common Stock.

Voluntary Reduction. The Company may from time to time may reduce the Conversion Price conversion price by any amount for any period of time if the period is at least 20 Trading Days or such longer period as may be required by law days and if the reduction is irrevocable during the period; provided provided, however, that in no event may the Conversion Price conversion price be less than the par value of a share of Common Stock. Whenever the conversion price is reduced, the Company shall mail to Securityholders a notice of the reduction. The Company shall mail the notice at least 15 days before the date the reduced conversion price takes effect. The notice shall state the reduced conversion price and the period it will be in effect.

Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days days or such longer period as may be required by law and if the reduction is irrevocable during the period; provided provided, that in no event may the Conversion Price be less than the par value of a share of Common Stock.

Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days days or such longer period as may be required by law and if the reduction is irrevocable during the period; provided provided, however, that in no event may the Conversion Price be less than the par value of a share of Common Stock.

Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the such period is at least 20 Trading Days or such longer period as may be required by law and if the reduction is irrevocable during such period; if the periodBoard of Directors determines, in good faith, that such decrease would be in the best interests of the Company; provided that in no event may the Conversion Price be less than the par value of a share of Common Stock. Any such determination by the Board of Directors shall be conclusive.

Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days days or such longer period as may be required by law and if the reduction is irrevocable during the period; provided PROVIDED that in no event may the Conversion Price be less than the par value of a share of Common Stock.

Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Business Days or such longer period as may be required by law and if the reduction is irrevocable during the periodperiod and the Board of Directors determines that such reduction would be in the best interest of the Company. The Company shall provide at least 15 days’ prior notice of any reduction in the Conversion Price; provided that provided, however, in no event may the Company reduce the Conversion Price to be less than the par value of a per share of Common Stock.

Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days days or such longer period as may be required by law and if the reduction is irrevocable during the such period; provided that in no event may the Conversion Price be less than the par value of a share of Common Stock.

Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days or such longer period as may be required by law days and if the reduction is irrevocable during the periodperiod if the Board of Directors determines that such reduction would be in the best interest of the Company and the Company provides 15 days prior notice of any reduction in the Conversion Price; provided provided, however, that in no event may the Company reduce the Conversion Price to be less than the par value of a share of Pioneer Common Stock.. ANNEX B

Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days or such longer period as may be required by law and if the reduction is irrevocable during the period; provided that in no event may the Conversion Price be less than the par value of a share of Class A Common Stock.

Voluntary Reduction. The Company from time to time may voluntarily reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days or such longer period as may be required by law days and if the reduction is irrevocable during the periodperiod if the Board of Directors approves such reduction and the Company provides 15 days prior notice of any voluntary reduction in the Conversion Price; provided PROVIDED, HOWEVER, that in no event may the Company reduce the Conversion Price to be less than the par value of a share of Common Stock.

Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days days or such longer period as may be required by law and if the reduction is irrevocable during the such period; provided the Company shall give 15 days' prior notice to the Trustee and each holder of Notes of such decrease and the Board of Directors has made a determination that such decrease would be in no event may the Conversion Price best interests of the Company, which determination shall be less than the par value of a share of Common Stockconclusive.

Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days or such longer period as may be required by law and if the reduction is irrevocable during the period; provided that the Board of Directors of the Company determines that such reduction is in the best interests of the Company; and provided further, that in no event may the Conversion Price be less than the par value of a share of Common Stock.

Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days days or such longer period as may be required by law and if the reduction is irrevocable during the period; provided provided, that in no event may the Conversion Price be less than then the par value of a share of Common Stock.

Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days days or such longer period as may be required by law and if the reduction is irrevocable during the period; provided provided, however, that in no event may the Conversion Price be less than the par value of a share of Class A Common Stock.

Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days or such longer period as may be required by law days and if the reduction is irrevocable during the periodperiod if the Board of Directors determines that such reduction would be in the best interest of the Company and the Company provides 15 days prior notice of any reduction in the Conversion Price; provided provided, however, that in no event may the Company reduce the Conversion Price -------- ------- to be less than the par value of a share of Common Stock.

Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the such period is at least 20 Trading Days or such longer period as may be required by law and if the reduction is irrevocable during such period; if the periodBoard of Directors of the Company determines, in good faith, that such decrease would be in the best interests of the Company; provided that in no event may the Conversion Price be less than the par value of a share of Common Stock. Any such determination by the Board of Directors of the Company shall be conclusive.

Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days days or such longer period as may be required by law and if the reduction is irrevocable during the period; provided provided, however, that in no event may the Conversion Price be less -------- ------- than the par value of a share of Common Stock.

Voluntary Reduction. The Company Company, upon the determination by the Board of Directors, and the giving of at least 15 days notice to the Trustee and Holders of Securities, from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days days or such longer period as may be required by law and if the reduction is irrevocable during the period; provided provided, however, that in no event may the Conversion Price be less than the par value of a share of Common Stock.

Voluntary Reduction. The Company from time to time may voluntarily reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days or such longer period as may be required by law days and if the reduction is irrevocable during the periodperiod if the Board of Directors approves such reduction and the Company provides 15 days prior notice of any voluntary reduction in the Conversion Price; provided provided, however, that in no event -------- ------- may the Company reduce the Conversion Price to be less than the par value of a share of Common Stock.

Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount if the Board of Directors determines that this reduction would be in the best interest of the Company for any period of time if the period is at least 20 Trading Days or such longer period as may be required by law and if the reduction is irrevocable during the period; provided that in no event may the Conversion Price be less than the par value of a share of Common Stock. Any such determination with by the Board of Directors shall be conclusive.

Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days days or such longer period as may be required by law and if the reduction is irrevocable during the period; provided provided, however, that in no event may the Company reduce the Conversion Price -------- ------- to be less than the par value of a share of Common Stock.

Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days or such longer period as may be required by law days and if the reduction is irrevocable during the periodperiod if the Board of Directors determines that such reduction would be in the best interest of the Company and the Company provides 15 days prior notice of any reduction in the Conversion Price; provided PROVIDED, HOWEVER, that in no event may the Company reduce the Conversion Price to be less than the par value of a share of Common Stock.

Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days or such longer period as may be required by law and if the reduction is irrevocable during the period; provided that in no event may the Conversion Price be less than the par value of a share of Common Stock. Any reduction in the conversion price described in this paragraph will be subject to stockholder approval, to the extent necessary, in accordance with the applicable rules of Nasdaq or any other national stock exchange on which the Company's common stock is listed.

Voluntary Reduction. The Company Brocade from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days or such longer period as may be required by law days and if the reduction is irrevocable during the periodperiod if the Board of Directors determines that such reduction would be in the best interest of the Company and Brocade and Brocade provides 15 days prior notice of any such reduction in the Conversion Price; provided provided, however, that in no event may Brocade reduce the Conversion Price to be less than the par value of a share of Common Stock.. ANNEX B

Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days days or such longer period as may be required by law and if the reduction is irrevocable during the such period; provided the Company shall give 15 days' prior notice to the Trustee and -------- each holder of Notes of such decrease and the Board of Directors has made a determination that such decrease would be in no event may the Conversion Price best interests of the Company, which determination shall be less than the par value of a share of Common Stockconclusive.

Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days days or such longer period as may be required by law and if the reduction is irrevocable during the period; provided provided, however, that in no event may the Company reduce the Conversion Price to be less than the par value of a share of Common Stock.

Voluntary Reduction. The Company from time to time may voluntarily reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days or such longer period as may be required by law days and if the reduction is irrevocable during the periodperiod if the Board of Directors of the Company determines that such reduction would be in the best interest of the Company, and the Company provides 15 days' prior notice of any voluntary reduction in the Conversion Price; provided provided, however, that in no event may the Company reduce the Conversion Price to be less than the par value of a share of Common Stock.

Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the such period is at least 20 Trading Days or such longer period as may be required by law and if the reduction is irrevocable during such period, if the periodBoard of Directors determines, in good faith, that such decrease would be in the best interests of the Company; provided that in no event may the Conversion Price be less than the par value of a share of Common Stock. Any such determination by the Board of Directors shall be conclusive.