Summary of Director Compensation for AmeriGas Propane, Inc. (General Partner of AmeriGas Partners, L.P.)
Contract Categories:
Human Resources
›
Compensation Agreements
Summary
This document outlines the annual compensation for non-management directors of AmeriGas Propane, Inc., the general partner of AmeriGas Partners, L.P., as of October 1, 2006. Non-management directors receive an annual retainer of $65,000, with additional retainers for Audit Committee members and the Chairman. Directors are also eligible for employee rates on propane purchases and are reimbursed for expenses related to their board and committee service. The General Partner determines and allocates all related expenses to the Partnership.
EX-10.43 5 c70099exv10w43.htm EXHIBIT 10.43 Exhibit 10.43
EXHIBIT 10.43
SUMMARY OF DIRECTOR COMPENSATION
OF
AMERIGAS PROPANE, INC.,
General Partner of
AMERIGAS PARTNERS, L.P.
OF
AMERIGAS PROPANE, INC.,
General Partner of
AMERIGAS PARTNERS, L.P.
October 1, 2006
(Annualized Rate)
(Annualized Rate)
Annual retainer for non-management directors Additional annual retainer for Audit | $ | 65,000 | ||
Committee members (other than the Chairman) Additional annual retainer for Audit | 10,000 | |||
Committee Chairman | 15,000 |
The Directors are also offered employee rates on propane purchases. The General Partner reimburses directors for expenses incurred by them (such as travel expenses) in serving on the Board and Committees. The General Partner determines all expenses allocable to the Partnership, including expenses allocable to the services of directors.
