(State or other jurisdiction

of incorporation or organization)

(I.R.S. Employer

Identification No.)

Mr. Darrell’s annual base salary will be $750,000, and he will be eligible to participate in Logitech’s Management Performance Bonus Plan with a discretionary target bonus percentage equal to 100% of his annual base salary.

Mr. Darrell will be granted the following equity incentives:

Stock options to purchase 500,000 Logitech shares that will vest at a rate of 25% on each annual anniversary date of the grant date, for a total vesting period of 4 years.

Restricted stock units for 100,000 Logitech shares that will vest at a rate of 25% on each annual anniversary date of the grant date, for a total vesting period of 4 years.

400,000 premium-priced stock options with an exercise price of 1.75 times Logitech’s closing share price on the day of grant; 400,000 premium-priced stock options with an exercise price of 2 times Logitech’s closing share price on the day of grant; and 400,000 premium-priced stock options with an exercise price of 2.5 times Logitech’s closing share price on the day of grant. Each premium priced option grant will vest in full if and only when Logitech’s average closing share price, over a consecutive ninety-day trading period, meets or exceeds the exercise price of the grant.

Logitech expects to enter into a Change of Control Severance Agreement and Indemnification Agreements with Mr. Darrell, each in substantially the form entered into with other Logitech

executive officers and as filed with the Securities and Exchange Commission (the “SEC”), except that the Change of Control Severance Agreement will contain a “best-of” determination with respect to section 280G of the Internal Revenue Code of 1986, as amended (the “Code”), as described below. Logitech filed the form of Change of Control Severance Agreement with the SEC on Form 10-K on May 30, 2008 and filed the forms of indemnification agreements with the SEC on Form 20-F on May 21, 2003. The terms of the Change of Control Severance Agreements with Logitech’s executive officers are summarized in Logitech’s definitive proxy statement as filed with the SEC on July 28, 2011, and that summary is incorporated herein by reference.

Mr. Darrell will receive relocation assistance to move him and his family from Switzerland to the United States, including payments for certain relocation costs and expenses such as airfare, house purchase and sale assistance (including reimbursement for a qualified home purchase of up to 2% of the purchase price and reimbursement for qualified home sales expenses of up to 1% of the home sale price), tax advice assistance, moving costs and temporary living benefits including lodging, meals and auto rental.

Mr. Darrell will also receive a one-time relocation bonus of $125,000.

If Mr. Darrell is terminated by Logitech without cause, or resigns for good reason, he will be entitled to receive severance benefits as follows:

If the termination occurs within one year after his employment start date, he will be eligible to receive an amount equal to 24 months of his then-current base salary plus 200 percent (200%) of his then-current annual targeted bonus amount, less applicable withholdings. In addition, 25% of his initial stock option grant for 500,000 Logitech shares and 25% of his initial restricted stock unit grant for 100,000 shares will accelerate and vest.

If the termination occurs more than one year but within two years after his employment start date, he will receive an amount equal to 18 months of his then-current base salary plus 150 percent (150%) of his then-current annual targeted bonus amount, less applicable withholdings.

If the termination occurs more than two years after his employment start date, he will receive an amount equal to 12 months of his then-current base salary plus 100 percent (100%) of his then-current annual targeted bonus amount, less applicable withholdings.

Exhibit No.

Description