Logitech 2005 Annual Report Download - page 88

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Indemnifications
The Company indemnifies certain of its suppliers and customers for losses arising from matters such as
intellectual property rights and safety defects, subject to certain restrictions. The scope of these indemnities
varies and may include indemnification for damages and expenses, including reasonable attorneys’ fees. No
amounts have been accrued for indemnification provisions as of March 31, 2005. The Company does not believe,
based on historical experience and information currently available, that it is probable that any amounts will be
required to be paid under its indemnification arrangements.
Research and Development
For a discussion of the Company’s research and development activities, patents and licenses, please refer to
Item 4B “Business Overview.”
Trend Information
For a discussion of significant trends in the Company’s financial condition and results of operations, please
refer to Item 5 “Results of Operations” and “Liquidity and Capital Resources.”
ITEM 6. DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES
A. Directors and Senior Management
Information concerning Directors and Senior Management of Logitech appears in Section 3 “The Board of
Directors” and Section 4 “Senior Management” in Exhibit 15.1 to the Form 20-F and is incorporated herein by
reference.
B. Compensation of Executive Officers and Directors
Information concerning the compensation of Executive Officers and Directors of Logitech appears in
Section 5.2 “Compensation of Directors and Executive Officers” in Exhibit 15.1 to the Form 20-F and is
incorporated herein by reference.
C. Board Practices
Information concerning the Company’s board practices appears in Section 3 “The Board of Directors” in
Exhibit 15.1 to the Form 20-F and is incorporated herein by reference.
D. Employees
The number of people employed worldwide by the Company was as follows:
Category
As of March 31,
2005 2004 2003
Research and development ............................... 645 459 430
Manufacturing and distribution ........................... 5,108 4,506 3,617
Marketing, sales and support ............................. 639 511 485
Administration ........................................ 506 384 404
Total ............................................ 6,898 5,860 4,936
Of the total number of employees as of March 31, 2005, 813 were in North America, 580 were in Europe
and 5,505 were in Asia. None of the Company’s U.S. employees are represented by a labor union or are subject
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