EX-4.2



 Exhibit 4.2 

AMERIGAS PARTNERS, L.P. 

AMERIGAS FINANCE CORP. 

FIRST SUPPLEMENTAL INDENTURE 

Dated as of June 27, 2016 

To 
 INDENTURE 

Dated as of June 27, 2016 

U.S. BANK NATIONAL ASSOCIATION, as Trustee 







 FIRST SUPPLEMENTAL INDENTURE 

FIRST SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of June 27, 2016, among AmeriGas Partners, L.P., a
Delaware limited partnership (the “Partnership”), AmeriGas Finance Corp., a Delaware corporation (“Finance Corp.” and, together with the Partnership, the “Issuers”), and U.S. Bank National Association, a national
banking association, as trustee (the “Trustee”). 
 W I T N E S S E T H : 

WHEREAS, the Issuers and the Trustee are parties to an Indenture dated as of June 27, 2016 (the “Indenture”), which, pursuant
to Section 3.01 of the Indenture, provides for the issuance of an unlimited amount of Securities in one or more series; 
 WHEREAS, the
Issuers wish to issue two series of senior notes designated, respectively, as (i) 5.625% Senior Notes due 2024 in the initial aggregate principal amount of $675,000,000 (the “2024 Notes”) and (ii) 5.875% Senior Notes due
2026 in the initial aggregate principal amount of $675,000,000 (the “2026 Notes” and, together with the 2024 Notes, the “Notes”); 

WHEREAS, the Issuers, by action duly taken, have authorized the execution and delivery of this Supplemental Indenture and the issuance of the
Notes; 
 WHEREAS, all actions necessary to make this Supplemental Indenture and the Notes (when executed by the Issuers and authenticated
and delivered by the Trustee as required by the Indenture) the valid and binding obligations of the Issuers and to constitute this document a valid and binding Supplemental Indenture according to its terms have been duly taken; and 

WHEREAS, in accordance with Sections 1.02 and 9.03 of the Indenture, there have been delivered to the Trustee on the date hereof an
Officer’s Certificate and Opinion of Counsel certifying that this Supplemental Indenture complies with applicable provisions of the Indenture. 

NOW THEREFORE, in consideration of the foregoing and the mutual premises and covenants contained herein and for other good and valuable
consideration, the parties hereto agree as follows: 
 1. Definitions. Capitalized terms used but not defined in this Supplemental
Indenture shall have the specified meanings set forth in the Indenture. 
 (a) “Applicable Premium” shall mean, with
respect to any Note of either series on any applicable Redemption Date, the greater of: 
 (1) 1.0% of the then outstanding principal amount
of such Note (expressed in dollars); or 
 (2) the excess of (expressed in dollars): 

(a) the present value at such Redemption Date of (i) 100% of the then Outstanding principal amount of such Note plus (ii) all
required interest payments to become due on such Note from and after such Redemption Date through March 20, 2024 in the case of the 2024 Notes or May 20, 2026 in the case of the 2026 Notes (in each case excluding accrued but unpaid
interest to the Redemption Date), computed using a discount rate equal to the Treasury Rate as of such Redemption Date plus 50 basis points; over 

  
 1 








 (b) the then Outstanding principal amount of such Note. 

(b) “Treasury Rate” shall mean, with respect to the 2024 Notes or the 2026 Notes, as of the applicable Redemption Date, the
yield to maturity as of such Redemption Date of United States Treasury securities with a constant maturity (as compiled and published in the most recent Federal Reserve Statistical Release H.15 (519) that has become publicly available at least
two Business Days prior to such Redemption Date (or, if such Statistical Release is no longer published, any publicly available source of similar market data)) most nearly equal to the period from such Redemption Date to March 20, 2024 in the
case of the 2024 Notes or May 20, 2026 in the case of the 2026 Notes; provided, however, that if the period from such Redemption Date to March 20, 2024 in the case of the 2024 Notes or May 20, 2026 in the case of the
2026 Notes is less than one year, the weekly average yield on actually traded United States Treasury securities adjusted to a constant maturity of one year will be used. 

2. Optional Redemption. The Notes of each series are subject to redemption at the Issuers’ option, in whole or in part, upon not
less than 30 nor more than 60 days’ notice, at any time prior to March 20, 2024 in the case of the 2024 Notes and May 20, 2026 in the case of the 2026 Notes, in each case at a Redemption Price equal to 100% of the principal amount of
the Notes being redeemed, plus the Applicable Premium as of, and accrued and unpaid interest, if any, to, but excluding, the applicable Redemption Date, subject to the rights of the Holders of the Notes of such series on a Regular Record Date to
receive interest due on the relevant Interest Payment Date. 
 At any time on or after March 20, 2024 in the case of the 2024 Notes and
May 20, 2026 in the case of the 2026 Notes, the Issuers may redeem such series of Notes, in whole or in part, upon not less than 30 nor more than 60 days’ notice, at any time at a Redemption Price equal to 100% of the principal amount of
the Notes of such series, plus accrued and unpaid interest, if any, to, but excluding, the applicable Redemption Date, subject to the rights of the Holders of the Notes of such series on a Regular Record Date to receive interest due on the relevant
Interest Payment Date. 
 3. No Recourse Against General Partner. The obligations of the Issuers under the Indenture with respect to
the 2024 Notes, as supplemented by this Supplemental Indenture with respect to the 2024 Notes, and the 2024 Notes, will be non-recourse to the General Partner (and its affiliates (other than the Issuers)) and payable only out of the cash flow and
assets of the Issuers. The Trustee agrees, and each Holder of a 2024 Note, by accepting a 2024 Note, will be deemed to have agreed, that neither the General Partner nor its assets (nor any of its affiliates (other than the Issuers) nor their
respective assets) shall be liable for any of the obligations of the Issuers under the Indenture with respect to the 2024 Notes, as supplemented by this Supplemental Indenture with respect to the 2024 Notes, or the 2024 Notes. The provisions of this
Section 3 are in addition to, and shall not be construed as a limitation on, the provisions of Section 10.16 of the Indenture. 

  
 2 








 4. No Recourse Against the Operating Partnership. The obligations of the Issuers under the
Indenture with respect to the Notes, as supplemented by this Supplemental Indenture and the Notes, will be non-recourse to the Operating Partnership (and its affiliates (other than the Issuers)) and payable only out of the cash flow and assets of
the Issuers. The Trustee agrees, and each Holder of a Note, by accepting a Note, will be deemed to have agreed, that neither the Operating Partnership nor its assets (nor any of its affiliates (other than the Issuers) nor their respective assets)
shall be liable for any of the obligations of the Issuers under the Indenture with respect to the Notes, as supplemented by this Supplemental Indenture or the Notes. The provisions of this Section 4 are in addition to, and shall not be
construed as a limitation on, the provisions of Section 10.16 of the Indenture. 
 5. Legal Defeasance and Covenant Defeasance.
Article XIII of the Indenture shall apply to each series of Notes. 
 6. Issue of Notes. The Notes shall be executed, authenticated
and delivered in accordance with the provisions of and shall in all respects be subject to the terms, conditions, and covenants of the Indenture, as supplemented by this Supplemental Indenture. The aggregate principal amount of the Notes created
hereby, which may be authenticated and delivered under this Supplemental Indenture, shall be limited initially to $675,000,000 aggregate principal amount of 2024 Notes and $675,000,000 aggregate principal amount of 2026 Notes; however, an unlimited
amount of Add On Securities may be issued as provided in Section 3.01 of the Indenture and subject to compliance with Article X of the Indenture. 

7. Form of Notes; Incorporation of Terms. The Notes shall be issuable in the form of Global Securities and will be deposited with, or
on behalf of DTC and registered in the name of Cede & Co., as DTC’s nominee. The 2024 Notes and the Trustee’s certificate of authentication thereto shall be substantially in the form provided in Exhibit A to this Supplemental
Indenture, the terms of which are hereby incorporated in and made a part of this Supplemental Indenture. The 2026 Notes and the Trustee’s certificate of authentication thereto shall be substantially in the form provided in Exhibit B to this
Supplemental Indenture, the terms of which are hereby incorporated in and made a part of this Supplemental Indenture. 
 8. Ratification
of Indenture; Supplemental Indenture Part of Indenture. Except as expressly amended hereby, the Indenture is in all respects ratified and confirmed and all terms, conditions and provisions thereof shall remain in full force and effect. This
Supplemental Indenture shall form a part of the Indenture for all purposes, and every Holder of the Notes shall be bound hereby. 
 9.
Governing Law. This Supplemental Indenture and the Notes, and any claim, controversy or dispute arising under or related to this Supplemental Indenture or the Notes, shall be governed by, and construed in accordance with, the laws of the
State of New York. 
 10. Conflicts With Trust Indenture Act. If any provision hereof limits, qualifies or conflicts with another
provision hereof that is required to be included in this Supplemental Indenture by any provision of the Trust Indenture Act of 1939, as amended, such required provision shall control. 

  
 3 








 11. Counterparts. This Supplemental Indenture may be executed and delivered in any number
of counterparts, each of which when so executed and delivered shall be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument. 

12. Effect of Headings. The section headings herein are for convenience only and shall not affect the construction hereof. 

13. Successors and Assigns. All covenants and agreements in this Supplemental Indenture by each Issuer shall bind their successors and
assigns, whether so expressed or not. 
 14. Separability Clause. In case any provision in this Supplemental Indenture shall be
invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby. 

[Remainder of Page Intentionally Blank] 

  
 4 








 IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly
executed, all as of the date first written above. 
  

			
	AMERIGAS PARTNERS, L.P.,
		
	By:	 	 AmeriGas Propane, Inc.,
 as General
Partner

		
	By:	 	/s/ Hugh J. Gallagher
	 Name: Hugh J. Gallagher
 Title: Vice
President - Finance and
           Chief Financial Officer

	
	AMERIGAS FINANCE CORP.,
		
	By:	 	/s/ Hugh J. Gallagher
	 Name: Hugh J. Gallagher
 Title: Vice
President - Finance and
           Chief Financial officer

	
	 U.S. BANK NATIONAL ASSOCIATION,

as Trustee

		
	By:	 	/s/ Stacy L. Mitchell
	 Name: Stacy L. Mitchell
 Title: Vice
President




  
 5 








 EXHIBIT A 

[FORM OF 2024 NOTES] 
 [THIS
SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A NOMINEE THEREOF. THIS SECURITY MAY NOT BE TRANSFERRED TO, OR REGISTERED OR EXCHANGED FOR SECURITIES
REGISTERED IN THE NAME OF, ANY PERSON OTHER THAN THE DEPOSITARY OR A NOMINEE THEREOF AND NO SUCH TRANSFER MAY BE REGISTERED, EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE. EVERY SECURITY AUTHENTICATED AND DELIVERED UPON REGISTRATION
OF TRANSFER OF, OR IN EXCHANGE FOR OR IN LIEU OF, THIS SECURITY SHALL BE A GLOBAL SECURITY SUBJECT TO THE FOREGOING, EXCEPT IN SUCH LIMITED CIRCUMSTANCES.]1 

AmeriGas Partners, L.P. 
 AmeriGas
Finance Corp. 
 No. [            ] 

[Initially]2
$[                    ] 
 CUSIP:
030981 AH7 
 ISIN: US030981AH76 

AmeriGas Partners, L.P., a Delaware limited partnership (the “Partnership”), and AmeriGas Finance Corp., a Delaware corporation
(“Finance Corp.” and together with the Partnership, the “Issuers”) (which term includes any successor Persons under the Indenture hereinafter referred to), for value received, jointly and severally hereby promise to pay to
[Cede & Co.]3, or registered assigns, the principal sum of [                ] Dollars
($[                ]), [or such other amount set forth in the “Schedule of Exchanges” attached
hereto,]4 on May 20, 2024, and to pay interest thereon from [the Issue Date]5 or from the most recent Interest Payment Date to which
interest has been paid or duly provided for, semi-annually on May 20 and November 20 in each year, commencing
[                    ], 20[        ] at the rate of 5.625% per annum, until the principal
hereof is paid or made available for payment. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Security (or one or more
predecessor securities) is registered at the close of business on the Regular Record Date for such interest, which shall be the May 5 or November 5 (whether or not a Business Day), as the case may be, next preceding such Interest Payment
Date. Any such interest not so punctually paid or duly provided for will forthwith cease 
  

 

	1 	Include if a global security. 


	2 	Include if a global security. 


	3 	Include if a global security. 


	4 	Include if a global security. 


	5 	 For additional notes, should be their date of original issuance.




  
 1 








 
to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Security (or one or more predecessor securities) is registered at the close of
business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this series not less than 10 days prior to such Special Record Date, or be paid at any
time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of this series may be listed, and upon such notice as may be required by such exchange, all as more fully provided in said
Indenture. 
 Payment of the principal of (and premium, if any) and interest on this Security will be made at the office or agency of the
Issuers maintained for that purpose in the City of New York in the State of New York, in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts; provided, however, that
at the option of the Issuers payment of interest may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register. 

Reference is hereby made to the further provisions of this Security set forth on the reverse hereof, which further provisions shall for all
purposes have the same effect as if set forth at this place. 
 Unless the certificate of authentication hereon has been executed by the
Trustee referred to on the reverse hereof by manual signature, this Security shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 

[Remainder of Page Intentionally Blank] 

  
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 IN WITNESS WHEREOF, the Issuers have caused this instrument to be duly executed. 

Dated: 
  

					
		 	AMERIGAS PARTNERS, L.P.,
		
		 	By: AMERIGAS PROPANE, INC., its General Partner
			
		 	By:	 	 
		 	 Name:
 Title:

		
	Attest:	 	
			
	 	 		 	
		 		 	
		 	AMERIGAS FINANCE CORP.,
			
		 	By:	 	 
		 	 Name:
 Title:

		
	Attest:	 	
			
	 	 		 	

 This is one of the Securities of the series designated therein referred to in the within-mentioned Indenture.

  

					
		 	 U.S. BANK NATIONAL ASSOCIATION,

as trustee

			
		 	By:	 	 
		 		 	Authorized Signatory


					
			
		 	Dated:	 	 


  
 3 








 [Form of Reverse of Security] 

AmeriGas Partners, L.P. 
 AmeriGas
Finance Corp. 
 5.625% Senior Note due 2024 

This Security is one of a duly authorized issue of securities of the Issuers (herein called the “Securities”), issued and to be
issued in one or more series under an Indenture, dated as of June 27, 2016, as supplemented by a first supplemental indenture thereto, dated as of June 27, 2016 (herein called the “Indenture”), among the Issuers and U.S. Bank
National Association, as Trustee (herein called the “Trustee”, which term includes any successor trustee under the Indenture), to which Indenture and all indentures supplemental thereto reference is hereby made for a statement of the
respective rights, limitations of rights, duties and immunities thereunder of the Issuers, the Trustee and the Holders of the Securities and of the terms upon which the Securities are, and are to be, authenticated and delivered. This Security is one
of the series designated on the face hereof initially limited in aggregate principal amount to $[                ]. 

The Securities of this series are subject to redemption at the Issuers’ option, in whole or in part, upon not less than 30 nor more than
60 days’ notice, at any time prior to March 20, 2024 at a Redemption Price equal to 100% of the principal amount of the Securities being redeemed, plus the Applicable Premium as of, and accrued and unpaid interest, if any, to, but
excluding, the applicable Redemption Date, subject to the rights of the Holders of the Securities on a Regular Record Date to receive interest due on the relevant Interest Payment Date. 

At any time on or after March 20, 2024, the Issuers may redeem such series of Securities, in whole or in part, upon not less than 30 nor
more than 60 days’ notice, at any time at a Redemption Price equal to 100% of the principal amount of the Securities of such series, plus accrued and unpaid interest, if any, to, but excluding, the applicable Redemption Date, subject to the
rights of the Holders of the Securities on a Regular Record Date to receive interest due on the relevant Interest Payment Date. 
 In the
event of redemption of this Security in part only, a new Security or Securities of this series and of like tenor for the unredeemed portion hereof will be issued in the name of the Holder hereof upon the cancellation hereof. 

This Security is non-recourse to the General Partner and the Operating Partnership. 

The Indenture contains provisions for defeasance at any time of (l) the entire indebtedness of this Security or (2) certain
restrictive covenants and Events of Default with respect to this Security, in each case upon compliance with certain conditions set forth in the Indenture. 

If an Event of Default with respect to Securities of this series shall occur and be continuing, the principal of the Securities of this series
may be declared due and payable in the manner and with the effect provided in the Indenture. 

  
 4 








 The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the
modification of the rights and obligations of the Issuers and the rights of the Holders of the Securities of each series to be affected under the Indenture at any time by the Issuers and the Trustee with the consent of the Holders of a majority in
principal amount of the Securities at the time Outstanding of each series to be affected. The Indenture also contains provisions permitting the Holders of specified percentages in principal amount of the Securities of each series at the time
Outstanding, on behalf of the Holders of all Securities of such series, to waive compliance by the Issuers with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by
the Holder of this Security shall be conclusive and binding upon such Holder and upon all future Holders of this Security and of any Security issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not
notation of such consent or waiver is made upon this Security. 
 As provided in and subject to the provisions of the Indenture, the Holder
of this Security shall not have the right to institute any proceeding with respect to the Indenture or for the appointment of a receiver or trustee or for any other remedy thereunder, unless (i) such Holder shall have previously given the
Trustee written notice of a continuing Event of Default with respect to the Securities of this series, (ii) the Holders of not less than 25% in principal amount of the Securities of this series at the time Outstanding shall have made written
request to the Trustee to institute proceedings in respect of such Event of Default as Trustee and offered the Trustee reasonable indemnity and (iii) the Trustee shall not have received from the Holders of a majority in principal amount of
Securities of this series at the time Outstanding a direction inconsistent with such request, and the Trustee shall have failed to institute any such proceeding, for 60 days after receipt of such notice, request and offer of indemnity. The foregoing
shall not apply to any suit instituted by the Holder of this Security for the enforcement of any payment of principal hereof or any premium or interest hereon on or after the respective due dates expressed herein. 

No reference herein to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligations of the
Issuers, which are absolute and unconditional, to pay the principal of and any premium and interest on this Security at the times, place and rate, and in the coin or currency, herein prescribed. 

As provided in the Indenture and subject to certain limitations therein set forth, the transfer of this Security can be registered in the
Security Register, upon surrender of this Security for registration of transfer at the office or agency of the Issuers in any place where the principal of and any premium and interest on this Security are payable, duly endorsed by, or accompanied by
a written instrument of transfer in form satisfactory to the Issuers and the Security Registrar duly executed by, the Holder hereof or his attorney duly authorized in writing, and thereupon one or more new Securities of this series and of like
tenor, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees. 

The Securities of this series are issuable only in registered form without coupons in denominations of $2,000 and integral multiples of $1,000
in excess thereof. As provided in the Indenture and subject to certain limitations therein set forth, Securities of this series are exchangeable for a like aggregate principal amount of Securities of this series and of like tenor of a different
authorized denomination, as requested by the Holder surrendering the same. 

  
 5 








 No service charge shall be made for any such registration of transfer or exchange, but the
Issuers or the Security Registrar may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. 

Prior to due presentment of this Security for registration of transfer, the Issuers, the Trustee and any agent of the Issuers or the Trustee
may treat the Person in whose name this Security is registered as the owner hereof for all purposes, whether or not this Security be overdue, and neither the Issuers, the Trustee nor any such agent shall be affected by notice to the contrary. 

All terms used in this Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture. 

THIS SECURITY, AND ANY CLAIM, CONTROVERSY OR DISPUTE ARISING UNDER OR RELATED TO THIS SECURITY, SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 
 [Remainder of Page Intentionally Blank] 

  
 6 








 SCHEDULE OF EXCHANGES6 

The following exchanges of a part of this Global Security for a Security in definitive form or a part of another Global Security have been
made: 
  

									
	 Date of Exchange
	 	 Amount of decrease
in principal amount
of this Global
Security
	 	 Amount of increase
in principal amount
of this Global
Security
	  	Principal amount of
this Global Security
following such
decrease (or
increase)	  	Signature of
authorized officer of
Trustee


 

	6 	Include if a Global Security. 








 EXHIBIT B 

[FORM OF 2026 NOTES] 
 [THIS
SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A NOMINEE THEREOF. THIS SECURITY MAY NOT BE TRANSFERRED TO, OR REGISTERED OR EXCHANGED FOR SECURITIES
REGISTERED IN THE NAME OF, ANY PERSON OTHER THAN THE DEPOSITARY OR A NOMINEE THEREOF AND NO SUCH TRANSFER MAY BE REGISTERED, EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE. EVERY SECURITY AUTHENTICATED AND DELIVERED UPON REGISTRATION
OF TRANSFER OF, OR IN EXCHANGE FOR OR IN LIEU OF, THIS SECURITY SHALL BE A GLOBAL SECURITY SUBJECT TO THE FOREGOING, EXCEPT IN SUCH LIMITED CIRCUMSTANCES.]7 

AmeriGas Partners, L.P. 
 AmeriGas
Finance Corp. 
 No. [            ] 

[Initially]8
$[                ] 
 CUSIP: 030981 AJ3 

ISIN: US030981AJ33 
 AmeriGas
Partners, L.P., a Delaware limited partnership (the “Partnership”), and AmeriGas Finance Corp., a Delaware corporation (“Finance Corp.” and together with the Partnership, the “Issuers”) (which term includes any
successor Persons under the Indenture hereinafter referred to), for value received, jointly and severally hereby promise to pay to [Cede & Co.]9, or registered assigns, the principal sum
of [                ] Dollars ($[                ]), [or such other amount
set forth in the “Schedule of Exchanges” attached hereto,]10 on August 20, 2026, and to pay interest thereon from [the Issue
Date]11 or from the most recent Interest Payment Date to which interest has been paid or duly provided for, semi-annually on February 20 and August 20 in each year, commencing on
[                    ], 20[        ] at the rate of 5.875% per annum, until the principal
hereof is paid or made available for payment. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Security (or one or more
predecessor securities) is registered at the close of business on the Regular Record Date for such interest, which shall be the February 5 or August 5 (whether or not a Business Day), as the case may be, next preceding such Interest
Payment Date. Any such interest not so punctually paid or duly 
  

	7 	Include if a global security. 


	8 	Include if a global security. 


	9 	Include if a global security. 


	10 	Include if a global security. 


	11 	 For additional notes, should be their date of original issuance.




  
 1 








 
provided for will forthwith cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Security (or one or more predecessor securities)
is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this series not less than 10 days prior to such Special
Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of this series may be listed, and upon such notice as may be required by such exchange, all as
more fully provided in said Indenture. 
 Payment of the principal of (and premium, if any) and interest on this Security will be made at
the office or agency of the Issuers maintained for that purpose in the City of New York in the State of New York, in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private
debts; provided, however, that at the option of the Issuers payment of interest may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register. 

Reference is hereby made to the further provisions of this Security set forth on the reverse hereof, which further provisions shall for all
purposes have the same effect as if set forth at this place. 
 Unless the certificate of authentication hereon has been executed by the
Trustee referred to on the reverse hereof by manual signature, this Security shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 

[Remainder of Page Intentionally Blank] 

  
 2 








 IN WITNESS WHEREOF, the Issuers have caused this instrument to be duly executed. 

Dated: 
  

					
		 	AMERIGAS PARTNERS, L.P.,
		
		 	By: AMERIGAS PROPANE, INC., its General Partner
			
		 	By:	 	 
		 	 Name:
 Title:

		
	Attest:	 	
			
	 	 		 	
		 		 	
		 	AMERIGAS FINANCE CORP.,
			
		 	By:	 	 
		 	 Name:
 Title:

		
	Attest:	 	
			
	 	 		 	

 This is one of the Securities of the series designated therein referred to in the within-mentioned Indenture.

  

					
		 	 U.S. BANK NATIONAL ASSOCIATION,

as Trustee

			
		 	By:	 	 
		 		 	Authorized Signatory


					
			
		 	Dated:	 	 


  
 3 








 [Form of Reverse of Security] 

AmeriGas Partners, L.P. 
 AmeriGas
Finance Corp. 
 5.875% Senior Note due 2026 

This Security is one of a duly authorized issue of securities of the Issuers (herein called the “Securities”), issued and to be
issued in one or more series under an indenture, dated as of June 27, 2016, as supplemented by a first supplemental indenture thereto, dated as of June 27, 2016 (herein called the “Indenture”), among the Issuers and U.S. Bank
National Association, as Trustee (herein called the “Trustee”, which term includes any successor trustee under the Indenture), to which Indenture and all indentures supplemental thereto reference is hereby made for a statement of the
respective rights, limitations of rights, duties and immunities thereunder of the Issuers, the Trustee and the Holders of the Securities and of the terms upon which the Securities are, and are to be, authenticated and delivered. This Security is one
of the series designated on the face hereof initially limited in aggregate principal amount to $[                ]. 

The Securities of this series are subject to redemption at the Issuers’ option, in whole or in part, upon not less than 30 nor more than
60 days’ notice, at any time prior to May 20, 2026 at a Redemption Price equal to 100% of the principal amount of the Notes being redeemed, plus the Applicable Premium as of, and accrued and unpaid interest, if any, to, but excluding, the
applicable Redemption Date, subject to the rights of the Holders of the Notes on a Regular Record Date to receive interest due on the relevant Interest Payment Date. 

At any time on or after May 20, 2026, the Issuers may redeem such series of Notes, in whole or in part, upon not less than 30 nor more
than 60 days’ notice, at any time at a Redemption Price equal to 100% of the principal amount of the Notes of such series, plus accrued and unpaid interest, if any, to, but excluding, the applicable Redemption Date, subject to the rights of the
Holders of the Notes on a Regular Record Date to receive interest due on the relevant Interest Payment Date. 
 In the event of redemption
of this Security in part only, a new Security or Securities of this series and of like tenor for the unredeemed portion hereof will be issued in the name of the Holder hereof upon the cancellation hereof. 

This Security is non-recourse to the Operating Partnership. 

The Indenture contains provisions for defeasance at any time of (l) the entire indebtedness of this Security or (2) certain
restrictive covenants and Events of Default with respect to this Security, in each case upon compliance with certain conditions set forth in the Indenture. 

If an Event of Default with respect to Securities of this series shall occur and be continuing, the principal of the Securities of this series
may be declared due and payable in the manner and with the effect provided in the Indenture. 

  
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 The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the
modification of the rights and obligations of the Issuers and the rights of the Holders of the Securities of each series to be affected under the Indenture at any time by the Issuers and the Trustee with the consent of the Holders of a majority in
principal amount of the Securities at the time Outstanding of each series to be affected. The Indenture also contains provisions permitting the Holders of specified percentages in principal amount of the Securities of each series at the time
Outstanding, on behalf of the Holders of all Securities of such series, to waive compliance by the Issuers with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by
the Holder of this Security shall be conclusive and binding upon such Holder and upon all future Holders of this Security and of any Security issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not
notation of such consent or waiver is made upon this Security. 
 As provided in and subject to the provisions of the Indenture, the Holder
of this Security shall not have the right to institute any proceeding with respect to the Indenture or for the appointment of a receiver or trustee or for any other remedy thereunder, unless (i) such Holder shall have previously given the
Trustee written notice of a continuing Event of Default with respect to the Securities of this series, (ii) the Holders of not less than 25% in principal amount of the Securities of this series at the time Outstanding shall have made written
request to the Trustee to institute proceedings in respect of such Event of Default as Trustee and offered the Trustee reasonable indemnity and (iii) the Trustee shall not have received from the Holders of a majority in principal amount of
Securities of this series at the time Outstanding a direction inconsistent with such request, and the Trustee shall have failed to institute any such proceeding, for 60 days after receipt of such notice, request and offer of indemnity. The foregoing
shall not apply to any suit instituted by the Holder of this Security for the enforcement of any payment of principal hereof or any premium or interest hereon on or after the respective due dates expressed herein. 

No reference herein to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligations of the
Issuers, which are absolute and unconditional, to pay the principal of and any premium and interest on this Security at the times, place and rate, and in the coin or currency, herein prescribed. 

As provided in the Indenture and subject to certain limitations therein set forth, the transfer of this Security can be registered in the
Security Register, upon surrender of this Security for registration of transfer at the office or agency of the Issuers in any place where the principal of and any premium and interest on this Security are payable, duly endorsed by, or accompanied by
a written instrument of transfer in form satisfactory to the Issuers and the Security Registrar duly executed by, the Holder hereof or his attorney duly authorized in writing, and thereupon one or more new Securities of this series and of like
tenor, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees. 

The Securities of this series are issuable only in registered form without coupons in denominations of $2,000 and integral multiples of $1,000
in excess thereof. As provided in the Indenture and subject to certain limitations therein set forth, Securities of this series are exchangeable for a like aggregate principal amount of Securities of this series and of like tenor of a different
authorized denomination, as requested by the Holder surrendering the same. 

  
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 No service charge shall be made for any such registration of transfer or exchange, but the
Issuers or the Security Registrar may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. 

Prior to due presentment of this Security for registration of transfer, the Issuers, the Trustee and any agent of the Issuers or the Trustee
may treat the Person in whose name this Security is registered as the owner hereof for all purposes, whether or not this Security be overdue, and neither the Issuers, the Trustee nor any such agent shall be affected by notice to the contrary. 

All terms used in this Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture. 

THIS SECURITY, AND ANY CLAIM, CONTROVERSY OR DISPUTE ARISING UNDER OR RELATED TO THIS SECURITY, SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 
 [Remainder of Page Intentionally Blank] 

  
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 SCHEDULE OF EXCHANGES12 

The following exchanges of a part of this Global Security for a Security in definitive form or a part of another Global Security have been
made: 
  

									
	 Date of Exchange
	 	 Amount of decrease
in principal amount
of this Global
Security
	 	 Amount of increase
in principal amount
of this Global
Security
	  	Principal amount of
this Global Security
following such
decrease (or
increase)	  	Signature of
authorized officer of
Trustee


 

	12 	Include if a Global Security.