EX-10.19
from 10-Q
2 pages
I Am Pleased to Extend to You an Offer and to Confirm Your Acceptance of the Executive Vice President, Chief Financial Officer and Treasurer Position With Rollins, Inc. Effective on or Before September 1, 2022. in This Position, You Will Report to Me. Rollins, Inc. Has Long Been Recognized as an Organization of Excellence, and We Look Forward to Your Playing an Important Role in Continuing to Build Our “Winning Tradition.” Base Salary: Your Starting Salary Will Be $675,000.00 Annualized. You Will Be Paid Bi-Weekly at a Rate of $25,961.54 Per Pay Period. Annual Bonus Opportunity: You Will Have a Bonus Target of 100% of Your Base Salary Subject to the Terms and Conditions of the Rollins, Inc. CFO Bonus Plan. Annual Payouts Are Subject to Approval by the Human Capital Committee of the Board of Directors. 2022 Annual Bonus Opportunity: Your 2022 Bonus Payout Will Be Prorated at 50% if You Begin Your Employment With Rollins, Inc. on or Before September 1, 2022, Subject to the Terms and Conditions of the Rollins, Inc. CFO Bonus Plan. Annual Equity Opportunity: Subject to Your Performance and Approval by the Human Capital Committee of the Board of Directors, You Will Be Eligible for Annual Stock Grants Equal to 200% of Your Cash Compensation Opportunity (Base Salary Plus Annual Bonus Opportunity). Company Car: In Line With Your Position, You Will Receive a Company-Owned Executive Level Vehicle and Company-Issued Fuel Card. You Will Have Payroll Deductions Each Pay Period for Personal Use of the Vehicle. Relocation Assistance: You and Your Family Will Receive Company-Provided Relocation Assistance in Accordance With the Rollins, Inc. Executive Relocation Policy (“Relocation Policy”) as Provided. We Will Extend Temporary Housing as Needed to Ensure a Smooth Transition for Your Family. Signing Bonus
12/34/56