This excerpt taken from the LOGI DEF 14A filed Jul 29, 2008.
DIRECTOR SHARE OWNERSHIP GUIDELINES
The Board of Directors adopted share ownership guidelines for members of the Board of Directors effective June 2006. 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. As of June 30, 2008, each director had either satisfied these ownership guidelines or had time remaining to do so.