SUMMARY OF DIRECTOR COMPENSATION OF AMERIGAS PROPANE, INC. (the General Partner of AmeriGas Partners, L.P.)
EX-10.27 5 apu201510kex1027.htm EXHIBIT 10.27 Exhibit
EXHIBIT 10.27
SUMMARY OF DIRECTOR COMPENSATION
OF
AMERIGAS PROPANE, INC.
(the General Partner of AmeriGas Partners, L.P.)
The table below shows the components of director compensation effective October 1, 2015. A director who is an officer or employee of the Registrant or its subsidiaries is not compensated for service on the Board of Directors or on any Committee of the Board.
DIRECTORS’ COMPENSATION
CASH EQUITY
COMPONENT COMPONENT
Annual Retainer | $65,000 1,500 Phantom Units |
(Representing
AmeriGas Partners, L.P.
Common Units to be
awarded in January 2016).
Annual Retainer for $165,000
Non-Executive Chairman(1)
Additional Annual Retainer for
Audit Committee Members
(other than the Chairperson) $20,000
Additional Annual Retainer for
Audit Committee Chairperson $25,000
Additional Annual Retainer for
Corporate Governance
Committee Chairperson $ 7,500
Additional Annual Retainer for
Compensation/Pension Committee
Chairperson $ 7,500
Additional Annual Retainer for
Presiding Director $15,000
The Directors are also offered employee rates on propane purchases.
(1) | Mr. Greenberg will not receive any equity compensation for his services as Non-Executive Chairman. |
