EX-10.34 3 apu201410kex1034.htm EXHIBIT 10.34 APU 2014 10K EX 10.34
EXHIBIT 10.34

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, 2014. 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        1,300 Phantom Units
(Representing
AmeriGas Partners, L.P.
Common Units to be
awarded January 1, 2015).

Annual Retainer for            $200,000
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         $ 7,500
Corporate Governance
Committee Chairperson

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.