Exhibit 10 (e)

          Summary of Compensation Arrangements with Executive Officers
                             As of February 28, 2005


     The following  summarizes the current compensation and benefits received by
the Chief Executive  Officer of Rollins,  Inc. ("the Company") and the Company's
other four most highly  compensated  executive  officers  (the "Named  Executive
Officers") as of January 1, 2005. Compensation paid or earned during fiscal 2004
will be described in the Company's 2005 Proxy Statement.

     This  summary  is  intended  to be a  summary  of  existing  oral,  at will
arrangements,  and in no way is intended to provide any additional rights to any
of the Named Executive Officers.

Base Salaries

     The 2005 annual base salaries for the Company's Named Executive Officers as
of February 28, 2005 are as follows:

<TABLE>
<S>                                                                                      <C>
R. Randall Rollins, Chairman of the Board                                                  $720,000
Gary W. Rollins, President, Chief Executive Officer and Chief Operating Officer          $1,000,000
Michael W. Knottek, Senior Vice President and Secretary                                    $275,000
Harry J. Cynkus, Chief Financial Officer and Treasurer                                     $250,000
Glen Rollins, Vice President                                                               $450,000
</TABLE>

Executive Bonus Plan

     All of the Named Executive Officers  participate in the Company's Executive
Bonus Plan program.  The Executive Bonus Plan program consists of two parts, the
Performance-Based  Cash Incentive Bonus Plan (the "Performance  Bonus Plan") and
the Home Office Bonus Plan (the "Home Office Plan"), both of which are described
further below. Bonus opportunities are granted annually as follows:

     o    Gary W. Rollins and Glen Rollins  participate in the Performance  Plan
          only,  pursuant to the terms and conditions of the Company's  standard
          Form A of  Executive  Bonus  Plan,  a copy of which is filed  with the
          Company's periodic reports; and

     o    Michael W. Knottek and Harry J. Cynkus participate in both elements of
          the Executive  Bonus Plan pursuant to the terms and  conditions of the
          Company's  standard Form B of Executive Bonus Plan, a copy of which is
          filed with the Company's periodic reports.

     Performance-Based Cash Incentive Bonus Plan (the "Performance Bonus Plan").
Bonus  awards  under  the  Performance   Bonus  Plan  provide   participants  an
opportunity to earn an annual bonus in a maximum amount of 80% of base salary or
$2 million per individual  per year,  whichever is less.  Under the  Performance
Bonus Plan, whether a bonus is payable,  and the amount of any bonus payable, is
contingent upon  achievement of certain  performance  goals which are set in the
annual Program adopted under the Performance  Bonus Plan.  Performance goals are
measured  according to one or more of the  following  three  targeted  financial
measures:  revenue  growth,  achievement  of preset pretax profit  targets,  and
pretax profit improvement over the prior year.

     Unless  sooner  amended or terminated by the  Compensation  Committee,  the
Performance Bonus Plan will be in place until April 22, 2008.

     Home Office Bonus Plan (the "Home Office Plan"). Messrs. Knottek and Cynkus
also  participate in the Company's Home Office Plan. Under the Home Office Plan,
participants receive an opportunity to


earn bonuses based on certain key  operating  initiatives  and customer  service
survey results.  The Home Office Plan is implemented through the annual grant of
individual bonus opportunities as described above.

Stock Options and Other Equity Awards

     The Named Executive Officers are eligible to receive options and restricted
stock under the Company's  stock  incentive  plan, in such amounts and with such
terms and  conditions as  determined by the Committee at the time of grant.  The
Company's  standard  forms of option and restricted  stock grant  agreements are
filed as material contracts with the Company's periodic reports.

Automobile Usage

     Mike   Knottek  and  Harry   Cynkus  are  each   entitled  to  the  use  of
company-leased  automobiles.  Both  automobiles are self-insured by the Company,
and they are leased for $980.35 and  $909.96  per month,  respectively.  Messrs.
Knottek and Cynkus each pay the Company $325 per month for their personal use of
the automobiles.

Airplane Usage

     Messrs.  Randall and Gary Rollins are entitled to use the  Company's  plane
for personal use,  subject to  reimbursement  to the Company at a rate of $1,000
per hour, as disclosed in the Company's annual proxy statements.

Other Benefits

     The Named  Executive  Officers also  participate  in the Company's  regular
employee benefit  programs,  which include a defined benefit  retirement plan, a
401(k) plan with Company match,  group medical and dental  coverage,  group life
insurance and other group benefit plans.  All of the Company's  Named  Executive
Officers are party to the Company's standard Agreement to Arbitrate,  which is a
part of the Company's  regular  employee benefit  programs.  The Named Executive
Officers are also provided with additional life insurance  benefits,  as well as
long-term disability.