Document:

Separation Agreement between the Company and Roger A. Cregg

 Exhibit 10.1 
 SEPARATION AGREEMENT 
 This Separation Agreement (the
“Agreement”) is entered into by and between the Company and Roger A. Cregg (“You”) upon Your retirement this 27th day of May, 2011. The term “Company” means and includes PulteGroup, Inc. and its successors, assigns,
parents, subsidiaries, divisions and/or affiliates (whether incorporated or unincorporated), all of their related entities, and all of the past and present directors, officers, trustees and employees of each. 

 

	 	1.	Retirement Date: Your last date of employment is May 27, 2011 (“Retirement Date”). 

 

	 	2.	Separation Benefits: 

  

	 	A.	Separation Pay: You will be paid $1,372,769.84, less applicable deductions for taxes and as otherwise required by law and/or authorized by You, provided
You do not materially breach this Agreement. Your Separation Pay equals the sum of the following: 

 i.
$1,350,000, which is 24 months of Your base salary, plus 
 ii. $22,769.84, which is the amount of COBRA allowance for which You
are eligible. 
 You agree that the Separation Pay is over and above any sums earned by You as wages and/or bonuses through your
Retirement Date. This Separation Pay will be payable to You in one lump sum within thirty (30) days after Your Retirement Date, provided that You timely return all Company property and You do not materially breach this Agreement. 

 

	 	B.	Annual Bonus: You will be eligible for your 2011 Bonus provided You do not materially breach this Agreement. Your Bonus Pay, if any, is based on the
actual full-year performance of the Company and will be prorated through Your Retirement Date [prorated based on 147 days employed in 2011 out of 365 days], payable not later than March 15, 2012. 

 

	 	C.	LTIP Awards: You will be eligible for Long Term Incentive Awards according to the terms and conditions of the Plan, Program and LTI Agreements, provided
You do not materially breach this Agreement, for the following cycles: 

  

					
	-	 	2009-2011*:	 	$547,500, payable not later than March 15, 2012;
			
	-	 	2010-2012:	 	Forfeited.
			
	-	 	2011-2013:	 	Forfeited.
		
	-	 	* Payment, if any, for the 2011 year of the 2009-2011 cycle is based on the actual performance of the Company and will be prorated through Your Retirement Date [prorated
based on 147 days employed in 2011 out of 365 days], payable not later than March 15, 2012;

	 	3.	Other Benefits:  

  

	 	A.	Equity Awards: Any outstanding stock options and restricted stock awards will vest according to the original terms and conditions of the grants pursuant
to the governing plans and option agreements except as follows: On the effective date of this Agreement, Your outstanding stock option agreements are hereby amended to provide that after Your Retirement Date the Company shall treat You as continuing
employment with the Company on a full-time basis for purposes of determining the vesting and exercisability of Your stock options, and Your stock options shall continue to vest and shall be exercisable by You with respect to all of the shares of
common stock subject to the options as set forth in Your grant documents governing such options until and including the expiration date of such options. See Optionee Statement Attached as Exhibit A. 

You acknowledge and agree to complete and return the Restricted Stock Tax Withholding Form (“Tax Form”) at the time You execute
this Agreement. You further agree to indemnify and hold Company harmless for any tax penalties in the event You fail to timely return the Tax Form to the Company’s Treasury Department. 

 

	 	B.	Vacation Pay: Within thirty (30) days after Your Retirement Date You will receive payment for accrued but unused vacation as of Your Retirement Date.

  

	 	C.	Benefits: If You are covered under a medical, dental, vision and/or HealthCare Choice account benefits plan sponsored by the Company on Your Retirement
Date, You have the option to continue Your coverage under COBRA. Information regarding Your rights under COBRA will be mailed to You. If You are eligible for COBRA continuation and wish to continue medical, dental and/or vision coverage, You will be
responsible for the cost of COBRA continuation after Your Retirement Date. You may also continue Your HealthCare Choice account under COBRA at Your expense under the terms and conditions outlined. You must complete and sign the COBRA election
form to initiate COBRA coverage. All other benefits provided through the Company will cease on Your Retirement Date. 

  

	 	D.	No Other Compensation: Other than the amounts specifically described in this Agreement, You agree that You will receive no other compensation for service
to the Company. You further authorize Company to deduct from the Separation Pay any indebtedness that You owe to the Company, including, but not limited to, advances, loans, credit card charges, and any other obligations. 

 

	 	4.	Company Property; Expenses: On Your Retirement Date You will return to the Company all documents and other property belonging to the Company, including
items such as keys, telephone credit cards, pagers, computers and phones which have not already been returned by You and receipt acknowledged by the Company. You agree not to make or retain any copies, electronic or otherwise, of the Company’s
confidential information, as defined below. 

 The parties agree that the Company’s obligation to provide
separation payments is contingent upon Your timely return of all property. You agree to submit any claim for reimbursable expenses within five days of your Retirement Date or such claim for expenses is waived. 

	 	5.	Cooperation in Investigations and Litigation: In the event the Company becomes involved in investigations or legal proceedings of any nature, related
directly or indirectly to events which occurred during Your employment and about which You have personal knowledge, You agree that You will, at any future time, be available upon reasonable notice from the Company, with or without subpoena, to
answer discovery requests, give depositions, or testify, with respect to matters of which You have or may have knowledge as a result of or in connection with Your employment relationship with the Company. In performing Your obligations under this
paragraph to testify or otherwise provide information, You agree that You will truthfully, forthrightly, and completely provide the information requested. You further agree that You will not be compensated in any way by the Company for Your
cooperation with the Company in connection with any litigation or other activity covered by this paragraph, except that You shall be reimbursed as permitted by law for any reasonable expenses that You incur in providing testimony or other assistance
to the Company under this paragraph. If You are (i) specifically made aware of any non-public proceedings or non-public matters related to the Company, (ii) requested in writing by a third party to provide non-public information regarding
the Company, or (iii) called by a third party as a witness to testify in any matter related to the Company, You will promptly notify the Company to give it a reasonable opportunity to respond. 

 

	 	6.	Confidentiality, Non-Competition and Non-Solicitation: The Confidentiality, Non-Competition and Non-Solicitation Agreement executed by you on
March 23, 2000 remains in full force and effect. 

 The parties desire to give effect to the provisions set
forth in the Non-competition and Non-solicitations sections referenced above to the full extent allowed by law and in the event any court or arbitrator determines that the above-stated restrictions are unlawful or unenforceable, said court or
arbitrator shall be requested by You and the Company to recast such restrictions to the maximum extent enforceable. 

Additionally, the provisions of this Agreement shall be binding upon You and Your heirs, executors, administrators and other legal
representatives. 
  

	 	7.	Non-disparagement: You will not disparage the Company, its agents or employees in any manner following Your retirement. You shall not post blogs of any
nature referencing or representing the Company or any other information arising out of Your employment with the Company. 

  

	 	8.	Indemnification: Nothing in this Agreement is intended to affect any obligation the Company may have under applicable law or its governing documents to
indemnify You. 

  

	 	9.	 Confidentiality: You shall maintain for all time as confidential, and shall not directly or indirectly use and/or disclose in any manner,
any of the following types of information of the Company: any information that is not generally known in the trade and industry and that the Company considers to be of a confidential or proprietary nature including that relating in any way to the
Company’s related entities, purchasing or other business methodologies, business plans (including land), pricing, customers, marketing, sales 

	 	 
methods, information systems, consultants, products, product development, personnel information and/or trade secrets. Additionally, You shall maintain as confidential (except as to Your attorney,
spouse and accountant, each of whom You shall instruct to maintain as confidential) both the existence and contents of this Agreement as well as all discussions or negotiations leading up to this Agreement. 

You agree that the Company will be entitled to an immediate temporary restraining order or injunction for a violation of the
non-competition, non-solicitation and/or confidentiality provisions. 
  

	 	10.	Release: Except as specifically set forth above, in consideration of the Separation Benefits, You waive all rights and claims You may have for any
personal or monetary relief including salary, bonus, deferred compensation, severance pay, commissions or other employee benefits or compensation arising from Your employment with the Company, or Your retirement and termination of employment with
the Company. Nothing in this Agreement shall be construed as an admission of any liability by the Company. 

 In
exchange for and in consideration of all the Separation Benefits, You hereby fully and forever release the Company from any and all actions or claims for personal or monetary relief by You, known or unknown, foreseen or unforeseen, arising out of
Your employment with the Company or the termination of Your employment with the Company, including, but not limited to, any claims and actions for or in tort, contract, discrimination, wrongful discharge, and/or arising under Title VII of the Civil
Rights Act of 1964, the Older Workers Benefits Protection Act, the Age Discrimination in Employment Act of 1967 (as amended), the Americans with Disabilities Act, the Worker Adjustment and Retraining Notification Act, and any other federal, state,
or local statutes, law or rules, or any types of damages, wages, costs, or relief otherwise available to You. You agree that, except as set forth herein, You are giving up the right to pursue any administrative and legal claims against the Company.
This provision does not release claims for: a) compensation for illness or injury or medical expenses under any workers’ compensation statute; b) vested benefits under any plan maintained by the Company that provides for retirement benefits; c)
health benefits under any law or policy or plan currently maintained by the Company that provides for health insurance continuation or conversion rights; or d) any claim that cannot be waived or released by private agreement. 

Nothing in this Agreement shall be construed to prohibit You from filing a charge with or participating in any investigation or proceeding
conducted by the Equal Employment Opportunity Commission, National Labor Relations Board, or comparable state or local agency. Notwithstanding the foregoing paragraph, You agree to waive any right to recover monetary damages in any charge, complaint
or lawsuit against the Company filed by You or by anyone else on Your behalf. 
 In exchange for and in consideration of all the
Separation Benefits, You hereby fully and forever release the Company (as well as the fiduciaries and administrators of any employee benefit plans (the “Plans”) sponsored by the Company), from any and all actions or claims for
personal or monetary relief by You, known or unknown, foreseen or unforeseen, that stem from or are related to the administration of the Plans and arising under ERISA, 29 U.S.C. §§ 1001-1461. You agree that this release of claims
specifically includes any and all claims that might be brought in an individual or derivative capacity on behalf of the Plans 

 
under 29 U.S.C. §§ 1132(a)(2), as well as any claims for “other appropriate equitable relief” under 29 U.S.C. §§ 1132(a)(3). This release does not apply to any
claims under 29 U.S.C. §§ 1132(a)(1)(B) for benefits accrued under any Plan but unpaid as of the date of this Agreement, which remain subject to and governed by the terms and conditions of the Plans. 

You also agree that: (a) You have been properly paid for all hours worked; (b) You have not suffered any on the job injury for
which You have not already filed a claim; and (c) You have been properly provided any leaves of absence because of Your health condition or a family member’s health condition. 

You have twenty-one (21) days from the date You receive this Agreement to consider whether to sign it. In the event You sign this
Agreement, You have an additional period of seven (7) days from the execution date in which to revoke this Agreement in writing. This Agreement does not become effective or enforceable until this revocation period has expired. No payments will
be made to You or on Your behalf under this Agreement until this revocation period has expired. You are advised to consult an attorney prior to executing this Agreement. You understand that You are not waiving any claims that arise in the future.
You acknowledge that the consideration paid pursuant to this Agreement is more than You would have otherwise been legally entitled to receive and that such consideration is adequate consideration for the agreements and covenants contained herein.

 You understand that nothing in this Agreement is intended to interfere with or deter (i) Your right to challenge the
above waiver of an Age Discrimination in Employment Act of 1967 (as amended) (“ADEA”) claim or state law age discrimination claim as not knowing or voluntary, or (ii) Your right to file an ADEA charge or ADEA complaint or state law
age discrimination complaint or charge with the Equal Employment Opportunity Commission or any state discrimination agency or commission as a result of the above release not being knowing or voluntary, or (iii) Your right to participate in any
investigation or proceeding conducted by those agencies. Further, You understand that (x) nothing in this Agreement would require You to tender back the money received under this Agreement if You seek to challenge the validity of the above ADEA
or state law age discrimination waiver, (y) You do not agree to ratify any ADEA or state law age discrimination waiver that fails to comply with the Older Workers Benefit Protection Act (“OWBPA”) by retaining the money received under
this Agreement, and (z) nothing in this Agreement is intended to require the payment of damages, attorneys’ fees or costs to the Company should You challenge the waiver of an ADEA or state law age discrimination claim or file an ADEA or
state law age discrimination claim, except as authorized by federal or state law. 
  

	 	11.	 Certain Tax Matters: This Agreement is intended to comply with the requirements of Section 409A of the Internal Revenue Code of
1986, as amended (the “Code”), and shall be interpreted and construed consistently with such intent. The payments to You pursuant to this Agreement are also intended to be exempt from Section 409A of the Code to the maximum extent
possible, under either the separation pay exemption pursuant to Treasury regulation §1.409A-1(b)(9)(iii) or as short-term deferrals pursuant to Treasury regulation §1.409A-1(b)(4), and for this purpose each payment shall be considered a
separate payment. In the event that the terms of this Agreement would subject You to taxes or penalties under Section 409A of the Code (“409A Penalties”), the Company and You shall cooperate diligently to amend the terms of this
Agreement to avoid such 409A Penalties, to the extent possible; provided that in no event shall the Company be responsible for any 409A Penalties 

	 	 
that arise in connection with any amounts payable under this Agreement. Your “separation from service,” within the meaning of Section 409A of the Code, will occur on May 27,
2011. Any reimbursement payable to You pursuant to this Agreement or otherwise shall be conditioned on the submission by You of all expense reports reasonably required by the Company under any applicable expense reimbursement policy, and shall be
paid to You within 30 days following receipt of such expense reports, but in no event later than the last day of the calendar year following the calendar year in which You incurred the reimbursable expense. Any amount of expenses eligible for
reimbursement, or in-kind benefit provided, during a calendar year shall not affect the amount of expenses eligible for reimbursement, or in-kind benefit to be provided, during any other calendar year. The right to any reimbursement or in-kind
benefit pursuant to this Agreement or otherwise shall not be subject to liquidation or exchange for any other benefit. 

  

	 	12.	Miscellaneous provisions: You represent and warrant that You have the sole right and exclusive authority to execute this Agreement; and that You have not
sold, signed, transferred, conveyed or otherwise disposed of any claim or demand relating to any matter covered in this Agreement. 

 If any provision of this Agreement shall be held invalid or unenforceable, such invalidity or unenforceability shall attach only to such provision and shall not in any manner affect or render invalid or
unenforceable any other provision of this Agreement and this Agreement shall be carried out as if any such invalid or unenforceable provision were not contained herein. Nothing in this Agreement is intended to cause You to believe You cannot seek a
judicial determination of the validity of the Agreement under the ADEA. 
  

	 	13.	Governing Law: Michigan law, including Michigan law regarding choice of law and conflicts of law, shall govern this Agreement. 

This Agreement shall be effective and irrevocable within the time frame set forth above and reflects the entire Agreement between You and
the Company. This Agreement may be modified only by a writing signed by You and the Company. 
  

			
	THE COMPANY
		
	By	 	 /s/ Cara L. Tryban

		
	Its	 	Director – Benefits

 This Separation
Agreement is freely, knowingly and voluntarily given without duress or coercion. I understand and agree to all provisions and terms stated in this Agreement and have been afforded sufficient and reasonable time to consider whether to enter into the
Agreement, and an opportunity to consult with legal counsel. I understand that by signing this Agreement, I am waiving and releasing any rights I might presently have under the Age Discrimination in Employment Act. 

 

			
	Employee signature	 	 /s/ Roger A. Cregg

		 	Roger A. Cregg
		
	Date	 	 May 25, 2011

 Optionee Statement- Exhibit A 

Exercisable as of 5/27/2011 
 CREGG, ROGER A. 
 Retirement w/ Consent & Rule of 70*

  

																																	
	 Grant Date
	  	Expire
Date	 	  	Plan ID	  	Grant
Type	 	  	 	 	  	Options
Granted	 	  	Grant
Price	 	  	Outstanding	 	  	Exercisable	 	  	 Treatment

	2/28/2001	  	 	2/28/2011	  	  	2000PE	  	 	NQ	  	  	 	Y	  	  	 	71,576	  	  	$	8.57	  	  	 	71,576	  	  	 	71,576	  	  	current
	9/6/2001	  	 	9/6/2011	  	  	2000PE	  	 	NQ	  	  	 	Y	  	  	 	240,000	  	  	$	9.28	  	  	 	240,000	  	  	 	240,000	  	  	current
	12/13/2001	  	 	12/13/2011	  	  	2000PE	  	 	NQ	  	  	 	Y	  	  	 	240,000	  	  	$	10.91	  	  	 	240,000	  	  	 	240,000	  	  	current
	2/28/2002	  	 	2/28/2012	  	  	2000PE	  	 	NQ	  	  	 	Y	  	  	 	82,592	  	  	$	12.94	  	  	 	82,592	  	  	 	82,592	  	  	current
	12/12/2002	  	 	12/12/2012	  	  	2002PE	  	 	NQ	  	  	 	Y	  	  	 	300,000	  	  	$	11.40	  	  	 	300,000	  	  	 	300,000	  	  	current
	12/11/2003	  	 	12/11/2013	  	  	2002PE	  	 	NQ	  	  	 	Y	  	  	 	160,000	  	  	$	21.64	  	  	 	160,000	  	  	 	160,000	  	  	current
	12/9/2004	  	 	12/9/2014	  	  	2004 PE	  	 	NQ	  	  	 	Y	  	  	 	180,000	  	  	$	28.36	  	  	 	180,000	  	  	 	180,000	  	  	current
	12/8/2005	  	 	12/8/2015	  	  	2004 PE	  	 	NQ	  	  	 	Y	  	  	 	160,000	  	  	$	40.41	  	  	 	160,000	  	  	 	160,000	  	  	current
	12/7/2006	  	 	12/7/2016	  	  	2002PE	  	 	NQ	  	  	 	Y	  	  	 	160,000	  	  	$	34.24	  	  	 	160,000	  	  	 	160,000	  	  	current
	12/6/2007	  	 	12/6/2017	  	  	2002PE	  	 	NQ	  	  	 	Y	  	  	 	240,000	  	  	$	10.93	  	  	 	240,000	  	  	 	180,000	  	  	60,000 to vest on 12/6/11
	12/9/2008	  	 	12/9/2018	  	  	2004 PE	  	 	NQ	  	  	 	Y	  	  	 	180,000	  	  	$	11.36	  	  	 	180,000	  	  	 	90,000	  	  	45,000 vest on 12/9/11 & 12/9/12
	2/10/2009	  	 	2/10/2012	  	  	2004R PE	  	 	RSA	  	  	 	NA	  	  	 	28,000	  	  	$	0.00	  	  	 	28,000	  	  	 	0	  	  	28,000 to vest upon effective date of Sep. Agmt
	2/10/2009	  	 	2/10/2012	  	  	2004R PE	  	 	RSA	  	  	 	162m	  	  	 	77,000	  	  	$	0.00	  	  	 	77,000	  	  	 	0	  	  	77,000 to vest upon effective date of Sep. Agmt
	8/18/2009	  	 	8/18/2019	  	  	2004 PE	  	 	NQ	  	  	 	Y	  	  	 	150,000	  	  	$	12.34	  	  	 	150,000	  	  	 	0	  	  	75,000 to vest on 8/18/2011; 37,500 to vest on 8/18/12 & 8/18/13
	2/11/2010	  	 	2/11/2020	  	  	2004 PE	  	 	NQ	  	  	 	Y	  	  	 	135,000	  	  	$	11.45	  	  	 	135,000	  	  	 	0	  	  	67,500 to vest on 2/11/12; 33,750 to vest on 2/11/13 & 2/11/14
	2/11/2010	  	 	2/11/2013	  	  	2004R PE	  	 	RSA	  	  	 	NA	  	  	 	90,000	  	  	$	0.00	  	  	 	90,000	  	  	 	0	  	  	90,000 to vest upon effective date of Sep. Agmt
	2/10/2011	  	 	2/10/2021	  	  	2004 PE	  	 	NQ	  	  	 	Y	  	  	 	67,500	  	  	$	7.77	  	  	 	67,500	  	  	 	0	  	  	33,750 to vest on 2/10/13; 16,875 to vest on 2/10/14 & 2/10/15
	2/10/2011	  	 	2/10/2014	  	  	2004R PE	  	 	RSA	  	  	 	NA	  	  	 	90,000	  	  	$	7.77	  	  	 	90,000	  	  	 	0	  	  	90,000 to vest upon effective date of Sep. Agmt
		  				  		  				  				  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	
	 Optionee Totals
	  				  				  	 	2,651,668	  	  				  	 	2,651,668	  	  	 	1,864,168	  	  	
		  				  		  				  				  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	

  

	*	Requires executed Separation AgreementRepresentative form of Performance Restricted Stock Unit agreement (executives)

 EXHIBIT 10.28 
 LOGITECH INTERNATIONAL S.A. 2006 STOCK INCENTIVE PLAN 
 PERFORMANCE
RESTRICTED STOCK UNIT AGREEMENT 
 (EXECUTIVE PARTICIPANT) 

This Performance Restricted Stock Unit Agreement, including any country-specific terms and conditions set forth in the
attached Appendix (collectively, the “Agreement”) is between Logitech International S.A., a Swiss company (the “Company”), and the Participant named below and is made pursuant to the Logitech International S.A. 2006
Stock Incentive Plan (the “Plan”). To the extent any capitalized terms used in this Agreement are not defined, they shall have the meaning given to them in the Plan. Subject to Section 20(c) of the Plan, in the event of a
conflict between the terms and conditions of the Plan and the terms and conditions of this Agreement, the terms of the Plan shall prevail. 
 In consideration of the mutual agreements herein contained and intending to be legally bound hereby, the parties agree as follows: 
 1. Grant of Restricted Stock Units. The Company hereby grants to the Participant named below the number of Restricted Stock Units corresponding to Shares specified below, subject to the terms and
conditions of this Agreement and of the Plan, which is incorporated in this Agreement by reference: 
  

					
			
	 Participant’s Name:
	 	 	  	[NAME]
			
	 Grant Date:
	 	 	  	[GRANT DATE]
			
	 Performance Period:
	 	 From:
	  	[START DATE]
			
		 	 To:
	  	[END DATE]
			
	Total Number of Restricted Stock Units granted
(subject to adjustment under Section 2 or 3):	 	 	  	[UNITS]

 2. Vesting, Performance Conditions and Adjustment. 
 (a)
Vesting. As soon as reasonably practicable after the close of the Performance Period, the Compensation Committee of the Company’s Board of Directors (the “Committee”) shall determine the vested percentage of the total
number of Restricted Stock Units granted, and upon such determination the corresponding vested percentage of the total number of Restricted Stock Units granted shall vest. Such percentage shall be calculated pursuant to the following table:

  

									
	 	 	TSR Percentile Rank:	 	 	  	Vested Percentage:	 	 
					
		 	75th or higher	 		  	150%	 	
					
		 	60th	 		  	100%	 	
					
		 	30th	 		  	50%	 	
					
		 	Below 30th	 		  	\0%	 	

 The vested percentage attributable to a TSR Percentile Rank between the
30th and 60th percentiles, or between the 60th and 75th percentiles, shall be determined by straight-line interpolation. In no event shall any Restricted Stock Units vest
under this Section 2 after the Participant’s termination of Service. 
 (b) TSR Percentile
Rank. The term “TSR Percentile Rank” shall mean the Company’s TSR for the Performance Period expressed as a percentile rank relative to the TSR for the Performance Period of all companies included in the NASDAQ 100 Index as
of the close of the Performance Period. The term “TSR” shall mean the quotient of (i) the Average Price of the applicable issuer’s Shares at the end of the Performance Period minus the Average Price of such issuer’s Shares
at the beginning of the Performance Period plus any ordinary or extraordinary dividends paid by such issuer during the Performance Period divided by (ii) the Average Price of such issuer’s Shares at the beginning of the Performance Period.
TSR expressed as a formula shall be as follows: 
 TSR = (Average Priceend –
Average Pricebegin + Dividends) / Average Pricebegin 
 “Average Price” shall mean the average closing price over the 30 consecutive trading days ending with (and including) the applicable day. In calculating TSR, all dividends shall be assumed to
have been reinvested in Shares when paid. 
 (c) Committee Determination. The Committee shall determine
the Company’s TSR Percentile Rank, and its determination shall be conclusive and binding on the Participant and the Company. The Committee, at its sole discretion, may make appropriate adjustments in the vesting conditions set forth in
Subsection (a) above in order to account for extraordinary events. 
 3. Change in Control. 

(a) Acceleration of Vesting. The Restricted Stock Units subject to this Award shall immediately vest if
(i) the Company is subject to a Change in Control before a Separation from Service occurs and (ii) within 12 months after such Change in Control a Separation from Service occurs because (A) the Participant’s Service is terminated
by the Company without Cause or (B) the Participant resigns for Good Reason. The vested percentage of such Restricted Stock Units shall be determined pursuant to Subsection (b) below. 

(b) Vested Percentage. If Subsection (a) above applies, the vested percentage of the Restricted Stock Units
shall be determined as soon as reasonably practicable after the Separation from Service. If the Change in Control occurred within 12 months after the Grant Date set forth in Section 1 (the “Grant Date”), then the vested
percentage of the Restricted Stock Units shall be 100%. If the Change in Control occurred more than 12 months after the Grant Date, then the vested percentage of the Restricted Stock Units shall be determined pursuant to Section 2 as if the
Performance Period had ended on the date of the Change in Control. The Compensation Committee of the Board of Directors of the Company’s successor (the “Successor Committee”) shall determine the Company’s TSR Percentile
Rank as of the date of the Change in Control, and its determination shall be conclusive and binding on the Participant and the Company’s successor. The Successor Committee, at its sole discretion, may make appropriate adjustments in the vesting
conditions set forth in Section 2(a) above in order to account for extraordinary events, including (without limitation) any effects related to the Change in Control. 

(c) Effect of Merger. In the event that the Company is a party to a merger, consolidation or reorganization, the
Restricted Stock Units subject to this Award shall be subject to Section 16 of the Plan; provided that any action taken pursuant to Section 16 of the Plan shall either (i) preserve the exemption of this Award from Section 409A of
the Code or (ii) comply with Section 409A of the Code. 

  
 2 

 (d) Definitions. The following definitions shall apply for purposes
of this Section 3: 
 (i) Cause. The term “Cause” shall mean (A) any
act of personal dishonesty taken by the Participant in connection with his or her responsibilities as a Participant that is intended to result in substantial personal enrichment of the Participant, (B) the Participant’s conviction of a
felony that the Board reasonably believes has had or will have a material detrimental effect on the Company’s reputation or business, (C) a willful act by the Participant that constitutes misconduct and is injurious to the Company or
(D) continued willful violations by the Participant of the Participant’s obligations to the Company after there has been delivered to the Participant a written demand for performance from the Company that describes the basis for the
Company’s belief that the Participant has not substantially performed his or her duties. 

(ii) Change in Control. The term “Change in Control” shall mean the occurrence of any of
the following events: 
 (A) A merger or consolidation of the Company with any other entity,
other than a merger or consolidation that would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the
surviving entity) more than 50% of the total voting power represented by the voting securities of the Company or such surviving entity outstanding immediately after such merger or consolidation; 

(B) The complete liquidation of the Company; 

(C) The sale or other disposition by the Company of all or substantially all of the Company’s
assets; or 
 (D) Any “person” (as such term is used in Sections 13(d)
and 14(d) of the U.S. Securities Exchange Act of 1934, as amended (the “Act”)) becoming the “beneficial owner” (as defined in Rule 13d-3 under the Act), directly or indirectly, of securities of the Company
representing 50% or more of the total voting power represented by the Company’s then outstanding voting securities. 
 (iii) Good Reason. The term “Good Reason” shall mean (A) a substantial reduction of the facilities and perquisites (including office space and location) available to the Participant
immediately prior to such reduction, without the Participant’s express written consent and without good business reasons, (B) a material reduction of the Participant’s base salary, (C) a material reduction in the kind or level of
Participant benefits to which the Participant is entitled immediately prior to such reduction, with the result that the Participant’s overall benefits package is significantly reduced, (D) the relocation of the Participant to a facility or
location more than 30 miles from his or her current location, without the Participant’s express written consent, or (E) the Company’s failure to obtain the assumption by any successor of the Company of the Change of Control Severance
Agreement between the Participant, the Company and the Participant’s employer (the “Employer”). Clause (C) above shall not apply in the event of any reduction of the amount of the bonus actually paid but shall apply in the
event of a material reduction of the target bonus or bonus opportunity. A condition shall not be 

  
 3 

 
considered “Good Reason” unless the Participant gives the Company (or a successor of the Company, if applicable) written notice of such condition within 90 days after such condition
comes into existence and the Company (or a successor of the Company, if applicable) fails to remedy such condition within 30 days after receiving the Participant’s written notice. 

(iv) Separation from Service. The term “Separation from Service” shall mean a
“separation from service,” as defined in the regulations under Section 409A of the Code. 
 4. Settlement of
Vested Restricted Stock Units. 
 (a) Time of Settlement. The Participant’s vested Restricted
Stock Units shall be settled promptly after the vested percentage of the Restricted Stock Units originally subject to this Agreement has been determined pursuant to Section 2 or 3, provided that the Company shall have no obligation to issue
Shares pursuant to this Agreement unless and until Participant has satisfied any applicable tax and/or other obligations pursuant to Section 10 below and such issuance otherwise complies with Applicable Laws. The foregoing notwithstanding,
Restricted Stock Units shall in no event be settled later than the later of (i) the March 15 of the calendar year after the calendar year in which the vested percentage of such Restricted Stock Units was determined or (ii) the
June 15 of the Company’s fiscal year after the fiscal year in which the vested percentage of such Restricted Stock Units was determined. At the time of settlement, the Participant shall receive one Share for each vested Restricted Stock
Unit, net of applicable withholdings. The Company in its discretion may designate a brokerage firm to assist with settlement of Restricted Stock Units, or as the sole means for settlement of Restricted Stock Units. 

5. Nature of Restricted Stock Units. The Restricted Stock Units are mere bookkeeping entries and represent only an unfunded and
unsecured obligation of the Company to issue or deliver Shares on a future date. As a holder of Restricted Stock Units, the Participant has no rights other than the rights of a general creditor of the Company. The Restricted Stock Units carry
neither voting rights nor rights to cash or other dividends. The Participant has no rights as a shareholder of the Company by virtue of the Restricted Stock Units unless and until the Restricted Stock Units are settled by issuing or delivering
Shares. 
 6. Leave of Absence. Unless otherwise determined by the Administrator, the following provisions shall apply in
the case of an authorized leave of absence by Participant: 
 (a) Subject to Applicable Laws
and the terms of a written employment agreement, if any, between the Participant and the Company or a Subsidiary, no additional Restricted Stock Units subject to this Award shall vest after the 120th day of the leave of absence. If Applicable Laws or the terms of a
written employment agreement, if any, between the Participant and the Company or a Subsidiary provide for a later date upon which vesting may cease, then no additional Restricted Stock Units subject to this Award shall vest upon the earliest date
possible under Applicable Laws or the employment agreement. 
 (b) If vesting has ceased under Section 6(a)
and Participant subsequently returns to active Service, vesting of additional Restricted Stock Units subject to this Award shall resume upon Participant’s return to active Service. 

7. Termination of Service. If the Participant’s Service terminates for any reason (including by reason of death or
Disability) all unvested Restricted Stock Units shall be forfeited effective on the date the Participant’s Service terminates. Notwithstanding the foregoing, if the Participant’s Service terminates as a result of a Separation from Service
that causes the acceleration of the vesting of the 

  
 4 

 
Restricted Stock Units under Section 3(a), the Restricted Stock Units shall not be forfeited. The Participant’s date of termination of Service shall mean the date upon which
Participant’s active Service terminates, regardless of any notice period or period in lieu of notice of termination of employment, whether expressed or implied. The Administrator shall have the exclusive discretion to determine when the
Participant’s active Service terminates for purposes of this Award (i.e., when the Participant has ceased active performance of services for purposes of vesting in this Award). 

8. Recovery of Erroneously Awarded Compensation. If the Participant is now or is hereafter subject to the Executive Clawback
Policy adopted by the Company’s Board of Directors, or any committee thereof, or any similar policy providing for the recovery of Awards, Shares, proceeds, or payments to Participant in the event of fraud or other circumstances, then this
Award, and any Shares or proceeds therefrom resulting from settlement of the Restricted Stock Units, are subject to potential recovery by the Company or the Employer under the circumstances set out in the Executive Clawback Policy or such other
similar policy as in effect from time to time. 
 9. Suspension or Cancellation for Misconduct. If at any time (including
after vesting but before settlement) the Administrator reasonably believes that the Participant has committed an act of misconduct as described in this Section 9, the Administrator may suspend the vesting or settlement of Restricted Stock
Units, pending a determination of whether an act of misconduct has been committed. If the Administrator determines that the Participant has committed an act of embezzlement, fraud or breach of fiduciary duty, or if the Participant makes an
unauthorized disclosure of any trade secret or confidential information of the Company or any of its Subsidiaries, or induces any customer to breach a contract with the Company or any of its Subsidiaries or Affiliates, then this Agreement shall
terminate immediately and cease to be outstanding. Any determination by the Administrator with respect to the foregoing shall be final, conclusive and binding on all interested parties. If the Participant holds the title of Vice President or above,
the determination of the Administrator shall be subject to the approval of the Company’s Board of Directors. 
 10. Responsibility for
Taxes. 
 (a) Regardless of any action the Company or the Employer takes with respect to any or all income
tax, social insurance, payroll tax, payment on account or other tax-related items related to the Participant’s participation in the Plan and legally applicable to the Participant (“Tax-Related Items”), the Participant
acknowledges that the ultimate liability for all Tax-Related Items is and remains the Participant’s responsibility and may exceed the amount actually withheld by the Company or the Employer. The Participant further acknowledges that the Company
and/or the Employer (1) make no representations or undertakings regarding the treatment of any Tax-Related Items in connection with any aspect of the Restricted Stock Units, including, but not limited to, the grant, vesting or settlement of the
Restricted Stock Units, the issuance of Shares upon settlement of the Restricted Stock Units, the subsequent sale of Shares acquired pursuant to such issuance and the receipt of any dividends and/or any dividend equivalents; and (2) do not
commit to and are under no obligation to structure the terms of the Award or any aspect of the Restricted Stock Units to reduce or eliminate the Participant’s liability for Tax-Related Items or achieve any particular tax result. Further, if the
Participant has become subject to tax in more than one jurisdiction between the date of grant and the date of any relevant taxable or tax withholding event, as applicable, the Participant acknowledges that the Company and/or the Employer (or former
employer, as applicable) may be required to withhold or account for Tax-Related Items in more than one jurisdiction. 
 (b) Prior to any relevant taxable or tax withholding event, as applicable, the Participant will pay or make adequate arrangements satisfactory to the Company and/or the Employer to satisfy all Tax-Related
Items. In this regard, the Participant authorizes the Company and/or the Employer, or their 

  
 5 

 
respective agents, at their discretion, to satisfy the obligations with regard to all Tax-Related Items by one or a combination of the following: (1) withholding from the Participant’s
wages or other cash compensation paid to the Participant by the Company and/or the Employer; or (2) withholding from proceeds of the sale of Shares acquired upon settlement of the Restricted Stock Units either through a voluntary sale or
through a mandatory sale arranged by the Company (on the Participant’s behalf pursuant to this authorization); or (3) withholding in Shares to be issued upon vesting of the Restricted Stock Units. To avoid negative accounting treatment,
the Company may withhold or account for Tax-Related Items by considering applicable minimum statutory withholding amounts or other applicable withholding rates. If the obligation for Tax-Related Items is satisfied by withholding in Shares, for tax
purposes, the Participant is deemed to have been issued the full number of Shares subject to the vested Restricted Stock Units, notwithstanding that a number of the Shares are held back solely for the purpose of paying the Tax-Related Items due as a
result of any aspect of the Participant’s participation in the Plan. 
 (c) Finally, the Participant shall
pay to the Company or the Employer any amount of Tax-Related Items that the Company or the Employer may be required to withhold or account for as a result of the Participant’s participation in the Plan that cannot be satisfied by the means
previously described. The Company may refuse to issue or deliver the Shares or the proceeds of the sale of Shares, if the Participant fails to comply with the Participant’s obligations in connection with the Tax-Related Items. 

11. Compliance with Applicable Laws; No Company Liability. No Shares shall be issued or delivered pursuant to the settlement of
the Restricted Stock Units unless such issuance or delivery complies with Applicable Laws. The Company shall not be liable to the Participant or other persons as to (a) the non-issuance or delivery of Shares as to which the Company has been
unable to obtain from any regulatory body having jurisdiction the authority deemed by the Company’s counsel to be necessary to the lawful issuance or delivery of any Shares hereunder and (b) any tax consequence expected, but not realized,
by the Participant or other person due to the receipt, vesting or settlement of the Restricted Stock Units. 
 12.
Non-Transferability of Restricted Stock Units. The Restricted Stock Units and this Agreement may not be transferred in any manner otherwise than by will, by the laws of descent or distribution or, if the Company permits, by a written
beneficiary designation. The terms of the Plan and this Agreement shall be binding upon the executors, administrators, heirs, beneficiaries, successors and assigns of the Participant. 

13. No Advice Regarding Grant. The Company is not providing any tax, legal or financial advice, nor is the Company making any
recommendations regarding the Participant’s participation in the Plan, or the Participant’s acquisition or sale of the underlying Shares. The Participant is hereby advised to consult with his or her own personal tax, legal and financial
advisors regarding his or her participation in the Plan before taking any action related to the Plan. 
 14. Nature of
Grant. In accepting the grant, the Participant acknowledges that: 
 (a) the Plan is established voluntarily
by the Company, it is discretionary in nature and it may be modified, amended, suspended or terminated by the Company at any time; 
 (b) the grant of the Restricted Stock Units is voluntary and occasional and does not create any contractual or other right to receive future grants of Restricted Stock Units, or benefits in lieu of
Restricted Stock Units, even if Restricted Stock Units have been granted repeatedly in the past; 
 (c) all
decisions with respect to future Restricted Stock Units grants, if any, will be at the sole discretion of the Company; 

  
 6 

 (d) the Participant’s participation in the Plan shall not create a
right to further Service with the Employer and shall not interfere with the ability of the Employer to terminate the Participant’s employment relationship at any time; 

(e) the Participant is voluntarily participating in the Plan; 

(f) the Restricted Stock Units and the Shares subject to the Restricted Stock Units are extraordinary items that do not
constitute compensation of any kind for services of any kind rendered to the Company or the Employer, and which are outside the scope of the Participant’s employment contract, if any; 

(g) the Restricted Stock Units and the Shares subject to the Restricted Stock Units are not intended to replace any
pension rights or compensation; 
 (h) the Restricted Stock Units and the Shares subject to the Restricted Stock
Units are not part of normal or expected compensation or salary for any purposes, including, but not limited to, calculating any severance, resignation, termination, redundancy, dismissal, end of service payments, bonuses, long-service awards,
pension or retirement or welfare benefits or similar payments and in no event should be considered as compensation for, or relating in any way to, past services for the Company, the Employer or any Subsidiary or Affiliate of the Company ;

 (i) the grant of the Restricted Stock Units and the Participant’s participation in the Plan will not be
interpreted to form an employment contract or relationship with the Company or any Subsidiary or Affiliate of the Company; 
 (j) the future value of the underlying Shares is unknown and cannot be predicted with certainty; 
 (k) no claim or entitlement to compensation or damages shall arise from forfeiture of the Restricted Stock Units resulting from termination of the Participant’s Service by the Company or the Employer
(for any reason whatsoever and whether or not in breach of local labor laws) and, in consideration of the grant of the Restricted Stock Units to which the Participant is otherwise not entitled, the Participant irrevocably agrees never to institute
any claim against the Company or the Employer, waives the ability, if any, to bring any such claim and releases the Company and the Employer from any such claim; if, notwithstanding the foregoing, any such claim is allowed by a court of competent
jurisdiction, then, by participating in the Plan, the Participant will be deemed irrevocably to have agreed not to pursue such claim and agrees to execute any and all documents necessary to request dismissal or withdrawal of such claims; and

 (l) the Restricted Stock Units and the benefits under the Plan, if any, will not necessarily transfer to
another company in the case of a merger, take over or transfer of liability. 
 15. Data Privacy.

 (a) The Participant hereby consents to the collection, processing, use and transfer, in
electronic or other form, of the Participant’s personal information (the “Data”) regarding the Participant’s employment, the nature and amount of the Participant’s compensation and the fact and conditions of the
Participant’s participation in the Plan (including the Participant’s name, home address, telephone number, date of birth, social insurance number or other identification number, compensation, nationality and job title, details of all
options, shares or other entitlement to securities awarded, canceled, exercised, vested, unvested or outstanding under the Plan or predecessor plans), 

  
 7 

 
by and among the Company and one or more its Subsidiaries and Affiliates, for the exclusive purpose of implementing, administering and managing the Participant’s participation in the Plan
and in calculating the cost of the Plan. 
 (b) The Participant further consents to
the transfer of the Data to UBS AG and/or its affiliates (“UBS”), or to any other third parties assisting in the implementation, administration and management of the Plan, or in calculating the costs of the Plan, including any other
third party assisting with the settlement of Restricted Stock Units under the Plan or with whom Shares acquired upon settlement of the Restricted Stock Units or cash from the sale of such Shares may be deposited. The Participant further consents to
the processing, possession, use and transfer of the Data by UBS and such other third parties for the exclusive purpose of implementing, administering and managing the Participant’s participation in the Plan and in calculating the cost of the
Plan. 
 (c) The Participant understands and agrees that the recipients of the Data
may be located in the United States or elsewhere, and that the recipients’ countries may have different data privacy laws and protections than the Participant’s country, and the Participant consents to the transfer of the Data to such
countries. Furthermore, the Participant acknowledges and understands that the transfer of the Data to the Company or any of its Subsidiaries, or to UBS or any such third parties, is necessary for the Participant’s participation in the Plan.

 (d) The Participant understands that he or she may, at any time, view Data,
request additional information about the storage and processing of Data or require any necessary amendments to Data or withdraw the consents herein, in any case without cost, by contacting the Participant’s local human resources representative
in writing. The Participant further acknowledges that withdrawal of consent may affect the Participant’s ability to realize benefits from the Restricted Stock Units and the Participant’s ability to participate in the Plan.

 16. Exchange Control Acknowledgement. Local foreign exchange laws may affect the grant of the Restricted Stock
Units, the receipt of Shares upon settlement of the Restricted Stock Units, the sale of Shares received upon settlement of the Restricted Stock Units and/or the receipt of dividends or dividend equivalents (if any). Such laws may affect the
Participant’s ability to hold funds outside of the Participant’s country and may require the repatriation of any cash, dividends or dividend equivalents received in connection with the Restricted Stock Units. The Participant is responsible
for being aware of and satisfying any exchange control requirements that may be necessary in connection with the Restricted Stock Units. Neither the Company nor any of its Subsidiaries or Affiliates will be responsible for such requirements or
liable for the failure on the Participant’s part to know and abide by the requirements that are the Participant’s responsibility. The Participant should consult with his or her own personal legal advisers to ensure compliance with local
laws. 
 17. Adjustments Upon Changes in Capitalization. In the event of a declaration of a stock dividend, a stock
split, combination or reclassification of shares, extraordinary dividend of cash and/or assets, recapitalization, reorganization or any similar event affecting the Shares or other securities of the Company, the Administrator shall equitably adjust
the number and kind of Restricted Stock Units or other securities which are subject to this Agreement, in order to reflect such change and thereby preclude a dilution or enlargement of benefits under this Agreement. 

18. Entire Agreement; Governing Law. The Plan and this Agreement constitute the entire agreement of the parties with respect to
the subject matter of this Agreement and supersede in their entirety all prior undertakings and agreements of the Company and the Participant with respect to the subject matter of this Agreement. This Agreement is governed by the internal
substantive laws, but not the choice of law rules of Switzerland (the Company’s jurisdiction of organization). 

  
 8 

 19. Language. If the Participant has received this Agreement or any other document
related to the Plan translated into a language other than English and if the meaning of the translated version is different than the English version, the English version will control. 

20. Electronic Delivery. The Company may, in its sole discretion, decide to deliver any documents related to current or future
participation in the Plan by electronic means. The Participant hereby consents to receive such documents by electronic delivery and agrees to participate in the Plan through an on-line or electronic system established and maintained by the Company
or a third party designated by the Company. 
 21. Severability. The provisions of this Agreement are severable and if
any one or more provisions are determined to be illegal or otherwise unenforceable, in whole or in part, the remaining provisions shall nevertheless be binding and enforceable. 

22. Appendix. Notwithstanding any provisions in this Agreement, the Restricted Stock Units and any Shares subject to the
Restricted Stock Units shall be subject to any special terms and conditions set forth in the Appendix to this Agreement for the Participant’s country. Moreover, if the Participant relocates to one of the countries included in the Appendix, the
special terms and conditions for such country will apply to the Participant, to the extent the Company determines that the application of such terms and conditions is necessary or advisable in order to comply with local law or facilitate the
administration of the Plan. The Appendix constitutes part of this Agreement. 
 23. Imposition of Other Requirements.
The Company reserves the right to impose other requirements on the Participant’s participation in the Plan, on the Restricted Stock Units and on any Shares acquired under the Plan, to the extent the Company determines it is necessary or
advisable in order to comply with local law or facilitate the administration of the Plan, and to require the Participant to sign any additional agreements or undertakings that may be necessary to accomplish the foregoing. 

* * * 

[language for signed acceptance follows] 
 By the Participant’s signature below, the Participant agrees that the Restricted Stock Units are granted under and governed by the terms and conditions of the Plan and this Agreement. The Participant
has reviewed the Plan and this Agreement in their entirety, has had an opportunity to obtain the advice of counsel prior to executing this Agreement and fully understands all provisions of the Plan and Agreement. The Participant hereby agrees to
accept as binding, conclusive and final all decisions or interpretations of the Administrator upon any questions relating to the Plan and Agreement. 
 In order to accept the Restricted Stock Units on the above terms, you must print out this Agreement, and sign and deliver the signed Agreement, within 90 days after the Grant Date set out on the
first page of this Agreement, to the Logitech Stock Plan Administrator, Treasury Department. Please keep a copy for your records. 
 If you do not deliver, by fax or mail, the signed Agreement within 90 days after the Grant Date, the Restricted Stock Units will be cancelled and of no effect. 

  
 9 

					
	PARTICIPANT:	 		 	THE COMPANY:
			
	  	 		 	  
	 Signature
	 		 	By
			
	  	 		 	Chairman
	 Print Name
	 		 	Title: Chairman

 [language for online agreement
follows] 
 By the Participant’s agreement to this Agreement, the Participant agrees that the Restricted Stock
Units are granted under and governed by the terms and conditions of the Plan and this Agreement. The Participant has reviewed the Plan and this Agreement in their entirety, has had an opportunity to obtain the advice of counsel prior to executing
this Agreement and fully understands all provisions of the Plan and Agreement. The Participant hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Administrator upon any questions relating to the Plan and
Agreement. 
 In order to agree to this Agreement, please click “I Agree” below. 

If you do not agree to this Agreement within 90 days after the Grant Date set out on the first page of this Agreement, the Restricted Stock Units
will be cancelled and of no effect. 

  
 10 

 LOGITECH INTERNATIONAL S.A. 2006 STOCK INCENTIVE PLAN 

APPENDIX 

ADDITIONAL TERMS AND CONDITIONS OF 
 PERFORMANCE RESTRICTED STOCK UNIT AGREEMENT 
 This Appendix includes
additional terms and conditions that govern the Restricted Stock Units granted to the Participant under the Plan if the Participant resides in one of the countries listed below. Capitalized terms used but not defined in this Appendix shall have the
meanings set forth in the Plan and/or the Agreement. 
 This Appendix also includes information regarding securities law and
other issues of which the Participant should be aware with respect to participation in the Plan. The information is based on the securities law and other laws in effect in the respective countries as of November 2010. Such laws are often complex and
change frequently. As a result, the Company strongly recommends that the Participant not rely on the information in this Appendix as the only source of information relating to the consequences of the Participant’s participation in the Plan
because the information may be out of date at the time that the Restricted Stock Units vest or the Participant sells Shares acquired under the Plan. 
 In addition, the information contained herein is general in nature and may not apply to the Participant’s particular situation and the Company is not in a position to assure the Participant of a
particular result. Accordingly, the Participant is advised to seek appropriate professional advice as to how the relevant laws in the Participant’s country may apply to the Participant’s situation. 

Finally, if the Participant is a citizen or resident of a country other than the one in which the Participant is currently working or
transfers employment between countries after the Grant Date, the Participant may be subject to the special terms and conditions for more than one country and/or the information for more than one country may be applicable to the Participant. It is
also possible that the special terms and conditions and the information may not be applicable to the Participant in such a case. 
 UNITED
STATES 
 There are no country specific provisions. 
 SWITZERLAND 
 Securities Law Information. The grant of the Restricted
Stock Units is considered a private offering in Switzerland; therefore, it is not subject to registration in Switzerland. 

  
 11

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