Logitech 2007 Annual Report Download - page 44

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proceedings that may arise by reason of their status or service as Directors or Officers. Logitech believes that
these agreements are necessary to attract and retain qualified Directors and Officers. At present, there is no
pending litigation or proceeding involving any Director or Officer of Logitech as to which indemnification will
be required or permitted. The Company is not aware of any threatened litigation or proceedings that might result
in a claim for indemnification.
Logitech currently maintains Director and Officer Liability insurance to insure its Directors and Officers
against certain liabilities arising from their status or service as Directors or Officers.
5.3 Compensation to Former Directors and Executive Officers
During fiscal year 2007, Logitech did not grant, directly or indirectly, compensation such as fees, salaries,
credits, bonuses or benefits in kind to former non-executive Directors or Executive Officers that resigned or
otherwise left Logitech before fiscal year 2007.
5.4 Grant of Shares to Directors and Executive Officers
During fiscal year 2007, Logitech did not grant shares of the Company to any of its non-executive Directors
or Executive Officers.
5.5 Share Ownership of Directors and Executive Officers
The following table presents information as of March 31, 2007 regarding the ownership of Logitech
International S.A.’s shares by non-executive Directors and Executive Officers:
Name
Number of
Shares
%of
Voting Rights(1)
All non-executive Directors as a group (6 individuals) ........................ 220,300 0.11%
All Executive Officers as a group (8 individuals) ........................... 11,316,142 5.91%
(1) In accordance with Article 10 paragraph 2 of SESTO-FBC, the shareholding percentage is calculated based
on the aggregate number of voting rights entered into the Swiss commercial register, which was
191,606,620 as of March 31, 2007.
The Board of Directors adopted share ownership guidelines for members of the Board of Directors effective
June 2006. Under the guidelines Directors are required to own at least 5,000 Logitech shares. Directors are
required to achieve the guideline within three years of joining the Board, or, in the case of Directors serving at
the time the guidelines were adopted, within three years of the effective date of adoption of the guidelines. The
guidelines will be adjusted to reflect any share splits or other capital adjustments, and will be re-evaluated by the
Board from time to time.
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