Description of problem:

Text fields (vs, say, single line inputs) can be very long, and it would be nice to be able to save or clear the data from within edit mode in the field without scrolling down to the bottom to hit action buttons. Especially useful when people might have the tendency to click outside a textbox to scroll down a page, thus losing anything unsaved that they have pasted into the field.

The idea here would be to place secondary save/clear/etc. icons in the gray div that contains the edit button (the pencil/lines icon). These would only visible/enabled when edit mode is engaged. 

Again, this wouldn't work with single-line input fields, but it wouldn't be necessary there either, since there's not a lot of UI real estate taken up by these and the users wouldn't find themselves scrolling to access the action buttons.

I'll try to put together a screenshot/mockup to accompany this, as to provide a better illustration.