Summary of Director Compensation for AmeriGas Propane, Inc. (General Partner of AmeriGas Partners, L.P.)
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Summary
This document outlines the compensation structure for non-management directors of AmeriGas Propane, Inc., the general partner of AmeriGas Partners, L.P., as of August 1, 2005. Non-management directors receive an annual retainer of $55,000, with additional annual retainers for Audit Committee members ($10,000) and the Audit Committee Chairman ($15,000). Directors are also eligible for employee rates on propane purchases and are reimbursed for expenses incurred while serving on the Board and Committees. The General Partner determines and allocates all related expenses to the Partnership.
EX-10.44 3 w15386exv10w44.txt SUMMARY OF DIRECTOR COMPENSATION Exhibit 10.44 SUMMARY OF DIRECTOR COMPENSATION OF AMERIGAS PROPANE, INC., General Partner of AMERIGAS PARTNERS, L.P.
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.