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In re Shoretel

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA SAN FRANCISCO DIVISION


March 23, 2009

IN RE SHORETEL, INC. SECURITIES LITIGATION

The opinion of the court was delivered by: The Honorable Charles R. Breyer United States District Court Judge

STIPULATION AND [PROPOSED] ORDER EXTENDING TIME FOR DEFENDANTS TO RESPOND TO SECOND AMENDED CONSOLIDATED CLASS ACTION COMPLAINT

This Document Relates To:

ALL ACTIONS.

WHEREAS, on March 2, 2009, Plaintiffs Loren Swanson and Art Landesman (collectively, "Plaintiffs") filed their Second Amended Consolidated Class Action Complaint (the "SACC") against Defendants ShoreTel, Inc. ("ShoreTel"); John W. Combs, Michael E. Healy, Edwin J. Basart, Gary J. Daichendt, Thomas Van Overbeek, Kenneth D. Denman, Charles D. Kissner, and Edward Thompson (the "Individual Defendants"); and Lehman Brothers Inc. and J.P. Morgan Securities (the "Underwriter Defendants") (collectively, "Defendants");

WHEREAS, absent an extension Defendants' deadline for responding to the SACC is March 19, 2009;

WHEREAS, this action is now stayed as to Lehman Brothers Inc. as a result of its liquidation under the Securities Investor Protection Act;

WHEREAS, the remaining parties have discussed and agreed to extend Defendants' deadline for responding to the SACC by 60 days from the date it was filed;

ACCORDINGLY, the parties, by and through their counsel of record, hereby stipulate that the deadline for Defendants to respond to the SACC is May 1, 2009.

IT IS SO STIPULATED.

Dated: March 13, 2009 FENWICK & WEST LLP Jennifer L. Kelly Attorneys for Defendants ShoreTel, Inc.; John W. Combs; Michael E. Healy; Edwin J. Basart; Gary J. Daichendt; Thomas Van Overbeek; Kenneth D. Denman; Charles D. Kissner; and Edward F. Thompson

Dated: March 13, 2009 BINGHAM MCCUTCHEN LLP Charlene S. Shimada Attorneys for Defendant J.P. Morgan Securities Inc.

Dated: March 13, 2009 HAGENS BERMAN SOBOL SHAPIRO LLP Peter E. Borkon Attorneys for Lead Plaintiffs and the Class

IT IS SO ORDERED

ATTESTATION PURSUANT TO GENERAL ORDER 45

I, Jennifer L. Kelly, attest that concurrence in the filing of this document has been obtained from any signatories indicated by a "conformed" signature (/s/) within this e-filed document.

I declare under penalty of perjury under the laws of the United States of America that the foregoing is true and correct. Executed this 13th day of March, 2009, at San Francisco, California.

20090323

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