ex105.htm


    
      

      

    


    EXHIBIT
10.5

    


    LOGITECH
INTERNATIONAL S.A.

    


    Compensation
Terms for Non-Executive Board Members for September 2009 – September 2010 Board
Year

    


    Set out below is a summary of the
compensation to be paid to non-executive members of the Logitech Board of
Directors for the period beginning September 2, 2009 continuing until the date
of the Logitech Annual General Meeting of Shareholders (“AGM”) in September
2010.

    


    
      	
              ·  

            	
              An
      annual retainer of CHF 40,000 paid at the time of the 2010 AGM for
      participation by the Board member during the preceding
    year.

            


    

    


    
      	
              ·  

            	
              A
      meeting attendance fee of CHF 2,500 for each Board and Board committee
      meeting attended, paid at the time of the 2010 AGM for participation by
      the Board member during the preceding
year.

            


    

    


    
      	
              ·  

            	
              Compensation,
      paid annually in arrears, for the number of travel days, or part of a
      travel day, spent traveling to attend Board and committee meetings, at the
      rate of CHF 2,500 per day or part of a day of travel.  Board
      members will not be compensated for any travel that occurs on the day of
      the Board or the Committee meetings in addition to the compensation they
      already receive for attendance at those
  meetings.

            


    

    


    
      	
              ·  

            	
              An
      additional annual retainer of CHF 15,000 paid at the time of the 2010 AGM
      to the chair of the audit committee for services as chair during the
      preceding year.

            


    

    


    
      	
              ·  

            	
              An
      additional annual retainer of CHF 15,000 to the lead independent director
      paid at the time of the 2010 AGM for services as lead independent director
      during the preceding year.

            


    

    


    
      	
              ·  

            	
              An
      additional annual retainer of CHF 10,000 paid at the time of the 2010 AGM
      to the chair of the compensation committee for services as chair during
      the preceding year.

            


    

    


    
      	
              ·  

            	
              A
      grant of 6,000 Restricted Stock Units for 6,000 shares, to be granted
      before the date of the 2009 Annual General Meeting, subject to adjustment
      for any stock-splits.  The Restricted Stock Units will vest in
      one increment on the one-year anniversary of the date of
      grant.

            


    

    


    
      	
              ·  

            	
              A
      grant of an additional 1,000 Restricted Stock Units to each of the
      Directors standing for re-election at the September 1, 2009 Annual General
      Meeting, such Restricted Stock Units to vest in one increment on the
      one-year anniversary of the date of
grant.

            


    

    


    
      	
              ·  

            	
              Reimbursement
      of reasonable expenses for non-local travel (business
    class).

            


    

    


    
      	
              ·  

            	
              Non-executive
      Board members may elect to receive their Board fees in shares, net of
      withholdings.  Any such shares are to be issued under the 2006
      Stock Incentive Plan.  The acquisition price per share shall be
      determined based on the closing price of Logitech shares on the date of
      purchase.

            


    

    



    
      
         


      

      
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