Document:

Advanced Biomedical Technologies Inc. - 10-K

Exhibit 10.1

 

Loan Agreement

 

TTD/ABMT/L1610-01

 

		Lender:	TITAN TECHNOLOGY DEVELOPMENT LIMITED

		Address:	1903 HING YIP COMMERCIAL CENTRE, 272 DES VOEUX ROAD CENTRAL, HONG KONG.

(Hong Kong Company Registration No.: 718332)

 

		Borrower:	ADVANCED BIOMEDICAL TECHNOLOGIES, INC.

		Address:	350 FIFTH AVE., 59TH FLOOR, NEW YORK, NY 10118

USA (Incorporated in the State of Nevada, USA)

 

Borrower is the controlling shareholder of Shenzhen Changhua Biomedical Engineering Co. Ltd., approved by Shenzhen Bureau of Trade and Industry’s permit, February 25, 2008 (2008) No. 0539 and Guangdong Shenzhen Joint Venture Permit (2008) No. 0008. Shenzhen Changhua Biomedical Engineering Co., Ltd. is a company engaged in research and development and production of biodegradable medical materials. Lender is a major shareholder of Borrower.

 

		1)	Loan:

 

Lender agrees to advance to Borrower’s subsidiary Shenzhen Changhua Biomedical Engineering Co., Ltd. (Changhua) the total amount of USD480,000 - (Four Hundred and Eighty Thousand US dollars).

 

Borrower accepts that Lender may send the total amount in several advances using different financial institutions, associated companies or individuals that is appointed by Lender.

 

		2)	Use of Proceed: For Changhua’s R&D, Clinical Trial, GMP Facilities Upgrading and Operation Expenses.

 

		3)	Interest Rate: Annual interest rate is seven percent (7%).

 

		4)	Loan Repayment period: 12 months

 

		5)	Repayment:

 

Debt maturity: after 12 months, Borrower will repay Lender the total amount of loan plus interest.

 

Outstanding loan: after 6 months, Lender may demand the return of part of the loan plus interest occurred.

 

		6)	Repayment Methods and Repayment Source

 

Repayment Methods: cash or securities;

 

Repayment Source: banks and securities firms.

 

 

	 

 

		7)	Warranty:

 

Borrower and its subsidiary guarantee that the loan will be used for the purposes stipulated in this agreement and the fund may not be used for other purposes or illegal activities;

 

Borrower will return the loan within the terms stipulated in this agreement;

 

Borrower and its subsidiary agree to accept the supervision of Lender on the use of proceed provided under this agreement.

 

		8)	Miscellaneous

 

This Agreement may not be amended or modified except by a writing executed by each of the parties. Neither party shall assign (including the engagement of subcontractors) any of its rights or obligations under this Agreement without the prior written consent of the other party. The provisions of this Agreement, including without limitation the obligation to make loan and interest repayments, shall be binding on Borrower, its Parent Company, its successors and assigns. All terms of this Agreement, which by their nature extend beyond its termination, shall remain in effect until fulfilled, and shall apply to the respective successors and assigns of the parties;

 

This Agreement, including all controversies arising from or relating to performance under this Agreement, shall be governed by and construed in accordance with the laws of Hong Kong, China. Venue for any action or dispute arising from or relating to this Agreement shall conclusively lie in the Courts located in Hong Kong, China. Each party hereby waives any objection that it may have based upon lack of personal jurisdiction, improper venue or forum non conveniens.

 

	
	Lender:	TITAN TECHNOLOGY DEVELOPMENT LIMITED	 
	Signature:	/s/ Chi Fung YU	 

	Name and Title:	Chi Fung YU, Chairman	 

 

	Borrower:	ADVANCED BIOMEDICAL TECHNOLOGIES, INC.	 
	Signature:	/s/ Hui Wang	 

	Name and Title:	Hui Wang, Director and Chief Executive Officer	 

 

Date: October 31, 2016EX-4.1

 Exhibit 4.1 

Execution Version 

SUBURBAN PROPANE PARTNERS, L.P., 

SUBURBAN ENERGY FINANCE CORP., 

as Issuers 
 and

 THE BANK OF NEW YORK MELLON, 

as Trustee 
  

 
 THIRD
SUPPLEMENTAL INDENTURE 
 Dated as of February 14, 2017 

to the 
 INDENTURE

 Dated as of May 27, 2014 
  

 
 $350,000,000
5.875% Senior Notes due 2027 

 SUBURBAN PROPANE PARTNERS, L.P. 

SUBURBAN ENERGY FINANCE CORP. 

Reconciliation and Tie between Trust Indenture Act of 1939 

and Supplemental Indenture Provisions(1) 
  

					
	 Trust Indenture
Act                                        

 Section
	  	 Supplemental Indenture

Section

	 Section 310
	 	 (a)(1)
	  	6.09
		 	 (a)(2)
	  	6.09
		 	 (a)(3)
	  	Not Applicable
		 	 (a)(4)
	  	Not Applicable
		 	 (b)
	  	6.08
	 Section 311
	 	 (a)
	  	6.10
		 		  	Not Applicable
		 	 (b)
	  	Not Applicable
		 	 (b)(2)
	  	Not Applicable
	 Section 312
	 	 (a)
	  	7.01
		 	 (b)
	  	7.02(a)
		 		  	7.02(b)
		 	 (c)
	  	7.02(c)
	 Section 313
	 	 (a)
	  	7.03(a)
		 	 (b)
	  	Not Applicable
		 	 (c)
	  	7.03(c)
		 	 (d)
	  	7.03(b)
	 Section 314
	 	 (a)
	  	7.04
		 	 (b)
	  	Not Applicable
		 	 (c)(1)
	  	2.02
		 	 (c)(2)
	  	2.02
		 	 (c)(3)
	  	Not Applicable
		 	 (d)
	  	Not Applicable
		 	 (e)
	  	2.02
	 Section 315
	 	 (a)
	  	6.01(a)
		 	 (b)
	  	6.02
		 	 (c)
	  	6.01(b)
		 	 (d)
	  	6.01(c)
		 	 (d)(1)
	  	6.01(a)
		 	 (d)(2)
	  	6.01(c)(2)
		 	 (d)(3)
	  	6.01(c)(3)
		 	 (e)
	  	5.11
	 Section 316
	 	 (a)
	  	2.01
		 	 (a)(1)(A)
	  	5.02
		 		  	5.05
		 	 (a)(1)(B)
	  	5.04
		 	 (a)(2)
	  	Not Applicable
		 	 (b)
	  	5.07
	 Section 317
	 	 (a)(1)
	  	5.08
		 	 (a)(2)
	  	5.09
		 	 (b)
	  	13.05
	 Section 318
	 	 (a)
	  	2.07

  

	(1)	This reconciliation and tie shall not for any purpose, be deemed to be a part of the Supplemental Indenture. 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
	 ARTICLE I APPLICATION OF SUPPLEMENTAL INDENTURE AND CREATION OF THE NOTES
	  	 	2	  
			
	 SECTION 1.01
	 	 Application of This Supplemental Indenture
	  	 	2	  
	 SECTION 1.02
	 	 Effect of Supplemental Indenture
	  	 	2	  
		
	 ARTICLE II DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION
	  	 	3	  
			
	 SECTION 2.01
	 	 Definitions
	  	 	3	  
	 SECTION 2.02
	 	 Compliance Certificates and Opinions
	  	 	32	  
	 SECTION 2.03
	 	 Form of Documents Delivered to Trustee
	  	 	33	  
	 SECTION 2.04
	 	 Acts of Holders
	  	 	33	  
	 SECTION 2.05
	 	 Notices, Etc., to Trustee and the Issuers
	  	 	34	  
	 SECTION 2.06
	 	 Notice to Holders; Waiver
	  	 	35	  
	 SECTION 2.07
	 	 Conflict with Trust Indenture Act
	  	 	35	  
	 SECTION 2.08
	 	 Effect of Headings and Table of Contents
	  	 	36	  
	 SECTION 2.09
	 	 Successors and Assigns
	  	 	36	  
	 SECTION 2.10
	 	 Separability Clause
	  	 	36	  
	 SECTION 2.11
	 	 Benefits of Supplemental Indenture
	  	 	36	  
	 SECTION 2.12
	 	 Governing Law
	  	 	36	  
	 SECTION 2.13
	 	 Legal Holidays
	  	 	36	  
	 SECTION 2.14
	 	 Language of Notices, etc.
	  	 	36	  
	 SECTION 2.15
	 	 Changes in Exhibits
	  	 	36	  
	 SECTION 2.16
	 	 Counterparts; Facsimile
	  	 	36	  
	 SECTION 2.17
	 	 No Personal Liability of Limited Partners, Officers, Employees and Unitholders
	  	 	37	  
	 SECTION 2.18
	 	 Non-Recourse
	  	 	37	  
	 SECTION 2.19
	 	 Waiver of Jury Trial
	  	 	37	  
	 SECTION 2.20
	 	 Force Majeure
	  	 	37	  
	 SECTION 2.21
	 	 Foreign Account Tax Compliance Act (FATCA)
	  	 	37	  
		
	 ARTICLE III THE NOTES
	  	 	38	  
			
	 SECTION 3.01
	 	 Form and Denomination
	  	 	38	  
	 SECTION 3.02
	 	 Execution, Delivery, Dating and Authentication
	  	 	38	  
	 SECTION 3.03
	 	 Temporary Notes
	  	 	39	  
	 SECTION 3.04
	 	 Registration, Registration of Transfer and Exchange
	  	 	40	  
	 SECTION 3.05
	 	 Mutilated, Destroyed, Lost and Stolen Notes
	  	 	41	  
	 SECTION 3.06
	 	 Payment of Interest; Interest Rights Preserved
	  	 	42	  
	 SECTION 3.07
	 	 Persons Deemed Owners
	  	 	43	  
	 SECTION 3.08
	 	 Cancellation
	  	 	43	  
	 SECTION 3.09
	 	 Computation of Interest
	  	 	44	  
	 SECTION 3.10
	 	 Notes in Global Form
	  	 	44	  
	 SECTION 3.11
	 	 Documents Required for Issuance of Notes
	  	 	45	  
	 SECTION 3.12
	 	 CUSIP Numbers
	  	 	46	  

  
 -i- 

							
	 	 	 	  	Page	 
	 ARTICLE IV SATISFACTION AND DISCHARGE
	  	 	46	  
			
	 SECTION 4.01
	 	 Satisfaction and Discharge of Supplemental Indenture in Respect of the Notes
	  	 	46	  
	 SECTION 4.02
	 	 Application of Trust Money
	  	 	47	  
	 SECTION 4.03
	 	 Reinstatement
	  	 	48	  
		
	 ARTICLE V DEFAULTS AND REMEDIES
	  	 	48	  
			
	 SECTION 5.01
	 	 Events of Default
	  	 	48	  
	 SECTION 5.02
	 	 Acceleration
	  	 	49	  
	 SECTION 5.03
	 	 Other Remedies
	  	 	50	  
	 SECTION 5.04
	 	 Waiver of Past Defaults
	  	 	50	  
	 SECTION 5.05
	 	 Control by Majority
	  	 	51	  
	 SECTION 5.06
	 	 Limitation on Suits
	  	 	51	  
	 SECTION 5.07
	 	 Rights of Holders of Notes to Receive Payment
	  	 	51	  
	 SECTION 5.08
	 	 Collection Suit by Trustee
	  	 	52	  
	 SECTION 5.09
	 	 Trustee May File Proofs of Claim
	  	 	52	  
	 SECTION 5.10
	 	 Priorities
	  	 	52	  
	 SECTION 5.11
	 	 Undertaking for Costs
	  	 	53	  
		
	 ARTICLE VI THE TRUSTEE
	  	 	53	  
			
	 SECTION 6.01
	 	 Certain Duties and Responsibilities
	  	 	53	  
	 SECTION 6.02
	 	 Notice of Defaults
	  	 	54	  
	 SECTION 6.03
	 	 Certain Rights of Trustee
	  	 	54	  
	 SECTION 6.04
	 	 Not Responsible for Recitals or Issuance of Notes
	  	 	56	  
	 SECTION 6.05
	 	 May Hold Notes
	  	 	56	  
	 SECTION 6.06
	 	 Money Held in Trust
	  	 	56	  
	 SECTION 6.07
	 	 Compensation and Reimbursement
	  	 	56	  
	 SECTION 6.08
	 	 Disqualification; Conflicting Interests
	  	 	57	  
	 SECTION 6.09
	 	 Corporate Trustee Required; Eligibility
	  	 	57	  
	 SECTION 6.10
	 	 Resignation and Removal; Appointment of Successor
	  	 	58	  
	 SECTION 6.11
	 	 Acceptance of Appointment by Successor
	  	 	59	  
	 SECTION 6.12
	 	 Merger, Conversion, Consolidation or Succession to Business
	  	 	60	  
	 SECTION 6.13
	 	 Appointment of Authenticating Agent
	  	 	61	  
	 SECTION 6.14
	 	 Preferential Collection of Claims
	  	 	62	  
		
	 ARTICLE VII HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND THE ISSUERS
	  	 	62	  
			
	 SECTION 7.01
	 	 Issuers to Furnish Trustee Names and Addresses of Holders
	  	 	62	  
	 SECTION 7.02
	 	 Preservation of Information; Communications to Holders
	  	 	63	  
	 SECTION 7.03
	 	 Reports by Trustee
	  	 	64	  
	 SECTION 7.04
	 	 Reports by Issuers
	  	 	64	  

  
 -ii- 

							
	 	 	 	  	Page	 
	 ARTICLE VIII SUCCESSORS
	  	 	65	  
			
	 SECTION 8.01
	 	 Merger, Consolidation or Sale of Assets
	  	 	65	  
	 SECTION 8.02
	 	 Successor Person Substituted
	  	 	67	  
		
	 ARTICLE IX AMENDMENT, SUPPLEMENT AND WAIVER
	  	 	67	  
			
	 SECTION 9.01
	 	 Without Consent of Holders of the Notes
	  	 	67	  
	 SECTION 9.02
	 	 With Consent of Holders of the Notes
	  	 	68	  
	 SECTION 9.03
	 	 Additional Notes
	  	 	69	  
	 SECTION 9.04
	 	 Compliance with Trust Indenture Act
	  	 	70	  
	 SECTION 9.05
	 	 Revocation and Effect of Consents
	  	 	70	  
	 SECTION 9.06
	 	 Notation on or Exchange of Notes
	  	 	70	  
	 SECTION 9.07
	 	 Trustee to Sign Amendments, etc.
	  	 	70	  
		
	 ARTICLE X COVENANTS
	  	 	70	  
			
	 SECTION 10.01
	 	 Payment of Notes
	  	 	70	  
	 SECTION 10.02
	 	 Maintenance of Office or Agency
	  	 	71	  
	 SECTION 10.03
	 	 Reports
	  	 	71	  
	 SECTION 10.04
	 	 Compliance Certificate
	  	 	72	  
	 SECTION 10.05
	 	 Taxes
	  	 	73	  
	 SECTION 10.06
	 	 Stay, Extension and Usury Laws
	  	 	73	  
	 SECTION 10.07
	 	 Changes in Covenants When Notes Rated Investment Grade
	  	 	73	  
	 SECTION 10.08
	 	 Restricted Payments
	  	 	74	  
	 SECTION 10.09
	 	 Dividend and Other Payment Restrictions Affecting Subsidiaries
	  	 	78	  
	 SECTION 10.10
	 	 Incurrence of Indebtedness and Issuance of Preferred Stock
	  	 	79	  
	 SECTION 10.11
	 	 Asset Sales
	  	 	83	  
	 SECTION 10.12
	 	 Transactions with Affiliates
	  	 	85	  
	 SECTION 10.13
	 	 Liens
	  	 	86	  
	 SECTION 10.14
	 	 Business Activities
	  	 	86	  
	 SECTION 10.15
	 	 Corporate Existence
	  	 	86	  
	 SECTION 10.16
	 	 Offer to Repurchase Upon Change of Control
	  	 	87	  
	 SECTION 10.17
	 	 Limitations on Issuances of Guarantees of Indebtedness
	  	 	89	  
	 SECTION 10.18
	 	 Payments for Consent
	  	 	90	  
	 SECTION 10.19
	 	 Existence of Corporate Co-Issuer
	  	 	90	  
	 SECTION 10.20
	 	 Designation of Restricted and Unrestricted Subsidiaries
	  	 	90	  
	 SECTION 10.21
	 	 Calculation of Original Issue Discount
	  	 	90	  
		
	 ARTICLE XI REDEMPTION OF NOTES
	  	 	91	  
			
	 SECTION 11.01
	 	 Applicability of Article
	  	 	91	  
	 SECTION 11.02
	 	 Election to Redeem; Notice to Trustee
	  	 	91	  
	 SECTION 11.03
	 	 Selection by Trustee of Notes to be Redeemed
	  	 	91	  

  
 -iii- 

							
	 	 	 	  	Page	 
	 SECTION 11.04
	 	 Notice of Redemption
	  	 	91	  
	 SECTION 11.05
	 	 Deposit of Redemption Price
	  	 	93	  
	 SECTION 11.06
	 	 Notes Payable on Redemption Date
	  	 	93	  
	 SECTION 11.07
	 	 Notes Redeemed in Part
	  	 	93	  
	 SECTION 11.08
	 	 Optional Redemption
	  	 	93	  
	 SECTION 11.09
	 	 Mandatory Redemption
	  	 	94	  
	 SECTION 11.10
	 	 Offer to Purchase by Application of Excess Proceeds
	  	 	95	  
		
	 ARTICLE XII SUBSIDIARY GUARANTEES
	  	 	97	  
			
	 SECTION 12.01
	 	 Guarantee
	  	 	97	  
	 SECTION 12.02
	 	 Limitation on Guarantor Liability
	  	 	98	  
	 SECTION 12.03
	 	 Execution and Delivery of Subsidiary Guarantee
	  	 	98	  
	 SECTION 12.04
	 	 Guarantors May Consolidate, etc., on Certain Terms
	  	 	99	  
	 SECTION 12.05
	 	 Releases
	  	 	99	  
		
	 ARTICLE XIII LEGAL DEFEASANCE AND COVENANT DEFEASANCE
	  	 	100	  
			
	 SECTION 13.01
	 	 Option to Effect Legal Defeasance or Covenant Defeasance
	  	 	100	  
	 SECTION 13.02
	 	 Legal Defeasance and Discharge
	  	 	100	  
	 SECTION 13.03
	 	 Covenant Defeasance
	  	 	101	  
	 SECTION 13.04
	 	 Conditions to Legal or Covenant Defeasance
	  	 	101	  
	 SECTION 13.05
	 	 Deposited Money and Government Securities to be Held in Trust; Other Miscellaneous
Provisions
	  	 	103	  
	 SECTION 13.06
	 	 Repayment to Suburban Propane
	  	 	103	  
	 SECTION 13.07
	 	 Reinstatement
	  	 	104	  
		
	 EXHIBITS
	  			
			
	 EXHIBIT A
	 	 Form of Global Notes
	  	 	A-1	  
			
	 EXHIBIT B
	 	 Form of Subsidiary Guarantee
	  	 	B-1	  
			
	 EXHIBIT C
	 	 Form of Supplemental Indenture to be delivered by Guarantors
	  	 	C-1	  

  
 -iv- 

 THIRD SUPPLEMENTAL INDENTURE, dated as of February 14, 2017 (the “Supplemental
Indenture”), among SUBURBAN PROPANE PARTNERS, L.P., a Delaware limited partnership (“Suburban Propane”), SUBURBAN ENERGY FINANCE CORP., a Delaware corporation (“Finance Corp.” and, together with Suburban
Propane, the “Issuers”) and THE BANK OF NEW YORK MELLON, a New York banking corporation, as Trustee (herein called the “Trustee”) under the Indenture dated as of May 27, 2014 among the Issuers and the Trustee
(the “Base Indenture” and, as amended and supplemented by this Supplemental Indenture, the “Indenture”). 

RECITALS OF THE ISSUERS: 
 The
Issuers have duly authorized, executed and delivered the Base Indenture to provide for the issuance from time to time of the Issuers’ debentures, notes or other evidences of indebtedness (herein called the “Securities”), to be
issued in one or more series. 
 Section 9.01(vi) of the Base Indenture provides, among other things, that the Issuers and the Trustee
may enter into indentures supplemental to the Base Indenture, without the consent of any Holders of Notes, to establish the form or terms of any Note as permitted by Section 2.02 of the Base Indenture. 

Pursuant to Section 2.02 of the Base Indenture, the Issuers desire to execute this Supplemental Indenture to establish the form and
terms, and to provide for the issuance, of a series of senior notes designated as its 5.875% Senior Notes due 2027 in an aggregate principal amount of $350,000,000 (the “Initial Notes”). 

From time to time subsequent to the date hereof, the Issuers may, if permitted to do so pursuant to the terms of the Indenture, the Initial
Notes and the terms of its other indebtedness existing on such future date, issue additional senior notes of the same series as the Initial Notes in accordance with this Supplemental Indenture (the “Additional Notes” and, together
with the Initial Notes, the “Notes”), pursuant to this Supplemental Indenture. 
 This Supplemental Indenture is subject to
the provisions of the Trust Indenture Act of 1939, as amended, that are required to be a part of this Supplemental Indenture and shall, to the extent applicable, be governed by such provisions. 

All things necessary have been done to make the Notes, when executed by the Issuers and authenticated and delivered hereunder and duly issued
by the Issuers, the valid obligations of the Issuers. 
 All things necessary to make this Supplemental Indenture a valid agreement of each
of the Issuers in accordance with its terms have been done. 

 NOW, THEREFORE, THIS SUPPLEMENTAL INDENTURE WITNESSETH: 

For and in consideration of the premises and the purchase of the Notes by the Holders thereof, it is mutually agreed, for the equal and
proportionate benefit of all Holders of the Notes, as follows: 
 ARTICLE I 

Application of Supplemental Indenture and Creation of the Notes 

SECTION 1.01    Application of This Supplemental Indenture. 

Notwithstanding any other provision of this Supplemental Indenture, the provisions of this Supplemental Indenture, including as provided in
Section 1.02 below, are expressly and solely for the benefit of the Holders of the Notes and shall not apply to any other series of Securities that may be issued hereafter under the Base Indenture. The Notes constitute a series of Securities
(as defined in the Base Indenture) as provided in Section 2.01 of the Base Indenture. Unless otherwise expressly specified, references in this Supplemental Indenture to specific Article numbers or Section numbers refer to Articles and
Sections contained in this Supplemental Indenture, and not the Base Indenture or any other document. 
 SECTION
1.02    Effect of Supplemental Indenture. 
 With respect to the Notes only, the Base Indenture shall be
supplemented and amended pursuant to Section 9.01 thereof to establish the form and terms of the Notes as set forth in this Supplemental Indenture, including as follows: 

(a)    Definitions and Provisions of General Application. The definitions and provisions of general
application set forth in Article I of the Base Indenture are deleted and replaced in their entirety by the provisions of Article II of this Supplemental Indenture; 

(b)    Issuance of Notes and the Notes. The provisions of Articles II and III of the Base Indenture
are deleted and replaced in their entirety by the provisions of Article III of this Supplemental Indenture; 

(c)    Satisfaction and Discharge. The provisions of Article IV of the Base Indenture are deleted
and replaced in their entirety by the provisions of Article IV of this Supplemental Indenture; 

(d)    Defaults and Remedies. The provisions of Article V of the Base Indenture are deleted and
replaced in their entirety by the provisions of Article V of this Supplemental Indenture; 

(e)    The Trustee. The provisions of Article VI of the Base Indenture are deleted and replaced in
their entirety by the provisions of Article VI of this Supplemental Indenture; 
 (f)    Holders’
Lists and Reports by Trustee and the Issuers. The provisions of Article VII of the Base Indenture are deleted and replaced in their entirety by Article VII of this Supplemental Indenture; 

  
 -2- 

 (g)    Successors. The provisions of Article VIII of
the Base Indenture are deleted and replaced in their entirety by the provisions of Article VIII of this Supplemental Indenture; 

(h)    Supplemental Indentures. The provisions of Article IX of the Base Indenture are deleted and
replaced in their entirety by the provisions of Article IX of this Supplemental Indenture; 

(i)    Covenants. The provisions of Article X of the Base Indenture are deleted and replaced in
their entirety by the provisions of Article X of this Supplemental Indenture; 

(j)    Redemption. The provisions of Article XI of the Base Indenture are deleted and replaced in
their entirety by the provisions of Article XI of this Supplemental Indenture; and 
 (k)    Legal
Defeasance and Covenant Defeasance. The provisions of Article XII of the Base Indenture are deleted and replaced in their entirety by the provisions of Article XIII of this Supplemental Indenture. 

To the extent that the provisions of this Supplemental Indenture (including those referred to in clauses (a) through (k) above) conflict
with any provision of the Base Indenture, the provisions of this Supplemental Indenture shall govern and be controlling, solely with respect to the Notes. 

ARTICLE II 

Definitions and Other Provisions of General Application 

SECTION 2.01    Definitions. For all purposes of this Supplemental Indenture, except as otherwise expressly
provided or unless the context otherwise requires: 
 (a)    the terms defined in this Article have the
meanings assigned to them in this Article and include the plural as well as the singular; 
 (b)    all
other terms used herein which are defined in the Trust Indenture Act, either directly or by reference therein, have the meanings assigned to them therein; 

(c)    all accounting terms not otherwise defined herein have the meanings assigned to them in accordance
with generally accepted accounting principles, and, except as otherwise herein expressly provided, the term “generally accepted accounting principles” with respect to any computation required or permitted hereunder shall mean such
accounting principles as are generally accepted in the United States of America at the date of such computation; and 

(d)    the words “herein,” “hereof” and “hereunder” and other words of
similar import refer to this Supplemental Indenture as a whole and not to any particular Article, Section or other subdivision. Certain terms, used principally within an Article of this Supplemental Indenture, may be defined in that Article.

  
 -3- 

 “Act,” when used with respect to any Holder, has the meaning specified in
Section 2.04(a). 
 “Acquired Debt” means, with respect to any specified Person: 

(1)    Indebtedness of any other Person existing at the time such other Person is merged with or into or
became a Subsidiary of such specified Person, whether or not such Indebtedness is incurred in connection with, or in contemplation of, such other Person merging with or into, or becoming a Restricted Subsidiary of, such specified Person; and 

(2)     Indebtedness secured by a Lien encumbering any asset acquired by such specified Person. 

“Additional Notes” has the meaning stated in the fourth recital of this Supplemental Indenture. 

“Affiliate” of any specified Person means any other Person directly or indirectly controlling or controlled by or under
direct or indirect common control with such specified Person. For purposes of this definition, “control,” as used with respect to any Person, means the possession, directly or indirectly, of the power to direct or cause the direction of
the management or policies of such Person, whether through the ownership of voting securities, by agreement or otherwise; provided, that beneficial ownership of 10% or more of the Voting Stock of a Person will be deemed to be control. A
Person shall not be deemed an “Affiliate” of Suburban Propane or any of its Restricted Subsidiaries solely as a result of such Person being a joint venture partner of Suburban Propane or any of its Restricted Subsidiaries. For purposes of
this definition, the terms “controlling,” “controlled by” and “under common control with” have correlative meanings. 

“Affiliate Transaction” has the meaning stated in Section 10.12(a). 

“Applicable Premium” means, with respect to any Note on any applicable Redemption Date, the greater of: 

(1)    1.0% of the then outstanding principal amount of the Note (expressed in dollars); and 

(2)    the excess of (expressed in dollars): 

(a)    the present value at such Redemption Date of (i) the Redemption Price of the Note at
March 1, 2022 (such Redemption Price being the product of the outstanding principal amount of the Note and the percentage as set forth in the table appearing under Section 11.08(b)) plus (ii) all required interest payments to become
due on the Note from and after such Redemption Date through March 1, 2022 (excluding accrued but unpaid interest), computed using a discount rate equal to the Treasury Rate as of such Redemption Date plus 50 basis points; over 

  
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 (b)    the then outstanding principal amount of the Note.

 “applicants” has the meaning specified in Section 7.02(b). 

“Asset Acquisition” means the following: 

(1)    an Investment by Suburban Propane or any Restricted Subsidiary of Suburban Propane in any other
Person pursuant to which the Person shall become a Restricted Subsidiary of Suburban Propane, or shall be merged with or into Suburban Propane or any Restricted Subsidiary of Suburban Propane; 

(2)    the acquisition by Suburban Propane or any Restricted Subsidiary of Suburban Propane of the assets
of any Person, other than a Restricted Subsidiary of Suburban Propane, which constitute all or substantially all of the assets of such Person; or 

(3)    the acquisition by Suburban Propane or any Restricted Subsidiary of Suburban Propane of any division
or line of business of any Person, other than a Restricted Subsidiary of Suburban Propane. 
 “Asset Sale” means: 

(1)    the sale, lease, conveyance or other disposition of any assets or rights; provided, that the
sale, conveyance or other disposition of all or substantially all of the assets of Suburban Propane and its Restricted Subsidiaries taken as a whole will be governed by Sections 8.01 and 10.16 and not by the provisions of Section 10.11; and

 (2)    the issuance of Equity Interests in any of Suburban Propane’s Restricted Subsidiaries or
the sale of Equity Interests in any of its Restricted Subsidiaries. 
 Notwithstanding the preceding, none of the following items will be
deemed to be an Asset Sale: 
 (1)    any single transaction or series of related transactions that
involves assets having a Fair Market Value of less than $25.0 million; 
 (2)    a transfer of
assets between or among Suburban Propane and its Restricted Subsidiaries; 
 (3)    an issuance or sale
of Equity Interests by a Restricted Subsidiary of Suburban Propane to Suburban Propane or to a Restricted Subsidiary of Suburban Propane; 

(4)    the sale, lease or other disposition of inventory, products, services, accounts receivable or other
current assets in the ordinary course of business and any sale or other disposition of damaged, worn-out, no longer used or useful or obsolete assets (including real or personal property) in the ordinary
course of business and any dispositions of non-core assets acquired in Permitted Investments; 

  
 -5- 

 (5)    the good faith surrender or waiver of contract rights
or the settlement, release or surrender of claims of any kind, not to exceed the Fair Market Value of $25.0 million in the aggregate from the date of this Supplemental Indenture; 

(6)    the sale or other disposition of cash or Cash Equivalents or the termination or close-out of Hedging Obligations; 
 (7)    a Restricted Payment that
does not violate the covenant described in Section 10.08 or a Permitted Investment; 
 (8)    the
disposition of Investments in joint ventures to the extent required by, or made pursuant to, buy/sell arrangements between joint venture parties set forth in joint venture agreements or similar binding agreements; provided that such
disposition is at Fair Market Value and any cash or Cash Equivalents received in such disposition is applied in accordance with Section 10.11; and 

(9)    any disposition of Capital Stock of a Restricted Subsidiary pursuant to an agreement or other
obligation with or to a Person (other than Suburban Propane or any of its Restricted Subsidiaries) from whom such Restricted Subsidiary was acquired or from whom such Restricted Subsidiary acquired its business and assets (having been newly formed
in connection with such acquisition), made as part of such acquisition and in each case comprising all or a portion of the consideration in respect of such sale or acquisition. 

“Asset Sale Offer” has the meaning specified in Section 11.10. 

“Attributable Debt” in respect of a sale and leaseback transaction means, at the time of determination, the present value of
the obligation of the lessee for net rental payments during the remaining term of the lease included in such sale and leaseback transaction including any period for which such lease has been extended or may, at the option of the lessor, be extended.
Such present value shall be calculated using a discount rate equal to the rate of interest implicit in such transaction, determined in accordance with GAAP; provided, however, that if such sale and leaseback transaction results in a
Capital Lease Obligation, the amount of Indebtedness represented thereby will be determined in accordance with the definition of “Capital Lease Obligation.” 

“Authenticating Agent” means any Person appointed by the Issuers pursuant to Section 6.13 and authorized to act on
behalf of the Trustee to authenticate the Notes. 
 “Available Cash” as to any quarter means: 

(1)    the sum of: 

(a)    all cash receipts of Suburban Propane during such quarter from all sources other than Asset Sales
(including, without limitation, distributions of cash received from the Operating Partnership and cash proceeds received by or distributed to Suburban Propane from Interim Capital Transactions, but excluding cash proceeds from Termination Capital
Transactions); and 

  
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 (b)    any reduction with respect to such quarter in a cash
reserve previously established pursuant to clause (2)(b) below (either by reversal or utilization) from the level of such reserve at the end of the prior quarter; 

(2)    less the sum of: 

(a)    all cash disbursements of Suburban Propane during such quarter, including, without limitation,
disbursements for operating expenses, taxes, if any, debt service (including, without limitation, the payment of principal, premium (if any) and interest), redemption of Capital Stock of Suburban Propane (including Common Units), capital
expenditures, contributions, if any, to the Operating Partnership and cash distributions to partners of Suburban Propane; and 

(b)    any cash reserves established with respect to such quarter, and any increase with respect to such
quarter in a cash reserve previously established pursuant to this clause (2)(b) from the level of such reserve at the end of the prior quarter, in such amounts as the Board of Supervisors of Suburban Propane determines in its reasonable discretion
to be necessary or appropriate (i) to provide for the proper conduct of the business of Suburban Propane or the Operating Partnership (including, without limitation, reserves for future capital expenditures), (ii) to provide funds for
distributions with respect to Capital Stock of Suburban Propane in respect of any one or more of the next four quarters or (iii) because the distribution of such amounts would be prohibited by applicable law or by any loan agreement, security
agreement, mortgage, debt instrument or other agreement or obligation to which Suburban Propane is a party or by which it is bound or its assets are subject; 

(3)    plus the aggregate maximum amount of working capital Indebtedness available to Suburban Propane or
its Restricted Subsidiaries under Credit Facilities on the date of such Restricted Payment. 
 Notwithstanding the foregoing,
“Available Cash” shall not include any cash receipts or reductions in reserves or take into account any disbursements made or reserves established in each case after the date of liquidation of Suburban Propane. Taxes paid by Suburban
Propane on behalf of, or amounts withheld with respect to, all or less than all of the partners shall not be considered cash disbursements of Suburban Propane that reduce Available Cash, but the payment or withholding thereof shall be deemed to be a
distribution of Available Cash to the partners. Alternatively, in the discretion of the Board of Supervisors of Suburban Propane, such taxes (if pertaining to all partners) may be considered to be cash disbursements of Suburban Propane which reduce
Available Cash, but the payment or withholding thereof shall not be deemed to be a distribution of Available Cash to such partners. 

“Bankruptcy Law” means Title 11, U.S. Code or any similar federal or state law for the relief of debtors. 

“Base Indenture” has the meaning specified in the first paragraph of this Supplemental Indenture. 

  
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 “Beneficial Owner” has the meaning assigned to such term in Rule 13d-3 and Rule 13d-5 under the Exchange Act, except that in calculating the beneficial ownership of any particular “person” (as that term is used in
Section 13(d)(3) of the Exchange Act), such “person” will be deemed to have beneficial ownership of all securities that such “person” has the right to acquire by conversion or exercise of other securities, whether such right
is currently exercisable or is exercisable only after the passage of time. The terms “Beneficially Owns” and Beneficially Owned” have a corresponding meaning. 

“Board of Supervisors” means: 

(1)    with respect to a corporation, the board of directors of the corporation or any committee thereof
duly authorized to act on behalf of such board; 
 (2)    with respect to a partnership, the board of
directors of the general partner of the partnership; provided, that in the case of Suburban Propane, it means the board of supervisors of Suburban Propane; 

(3)    with respect to a limited liability company, the managing member or members or any controlling
committee of managing members thereof; and 
 (4)    with respect to any other Person, the board or
committee of such Person serving a similar function. 
 “Board Resolution” means a copy of a resolution certified by an
officer of Suburban Propane on behalf of the Issuers to have been duly adopted by the Board of Supervisors of Suburban Propane and to be in full force and effect on the date of such certification. 

“Borrowing Base” means, as of any date, an amount equal to: 

(1)    90% of the face amount of all accounts receivable (net of reserves) owned by Suburban Propane and
its Restricted Subsidiaries as of the end of the most recent fiscal quarter preceding such date that were not more than 60 days past due; plus 

(2)    70% of the book value of all inventory (net of reserves) owned by Suburban Propane and its
Restricted Subsidiaries as of the end of the most recent fiscal quarter preceding such date. 
 “Business Day” means a day
that is not a Saturday or a Sunday, or a day on which banks or trust companies in New York City are authorized or obligated by law, regulation or executive order to be closed. 

“Capital Lease Obligation” means, at the time any determination is to be made, the amount of the liability in respect of a
capital lease that would at that time be required to be capitalized on a balance sheet in accordance with GAAP, and the Stated Maturity thereof shall be the date of the last payment of rent or any other amount due under such lease prior to the first
date upon which such lease may be prepaid by the lessee without payment of a penalty. 

  
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 “Capital Stock” means: 

(1)    in the case of a corporation, corporate stock; 

(2)    in the case of an association or business entity, any and all shares, interests, participations,
rights or other equivalents (however designated) of corporate stock; 
 (3)    in the case of a
partnership or limited liability company, partnership interests (whether general or limited), membership interests, units, incentive distribution rights or any similar equity right to distributions; and 

(4)    any other interest or participation that confers on a Person the right to receive a share of the
profits and losses of, or distributions of assets of, the issuing Person, but excluding from all of the foregoing any debt securities convertible into Capital Stock, whether or not such debt securities include any right of participation with Capital
Stock. 
 “Cash Equivalents” means: 

(1)    United States dollars; 

(2)    securities issued or directly and fully guaranteed or insured by the United States government or any
agency or instrumentality thereof (provided, that the full faith and credit of the United States is pledged in support of those securities) having maturities of not more than one year from the date of acquisition; 

(3)    marketable direct obligations issued by any state of the United States or any political subdivision
of any such state or any public instrumentality thereof maturing within one year from the date of acquisition thereof and having as at such date the highest rating obtainable from either S&P and its successors or Moody’s and its successors;

 (4)    commercial paper having one of the two highest ratings obtainable from S&P or Moody’s
and in each case maturing within 270 days after the date of creation; 
 (5)    certificates of deposit
maturing one year or less from the date of acquisition thereof issued by commercial banks incorporated under the laws of the United States or any state thereof or the District of Columbia or Canada: 

(a)    the commercial paper or other short term unsecured debt obligations of which are as at such date
rated either “A-2” or better (or comparably if the rating system is changed) by S&P or “Prime-2” or better (or comparably if the rating system is
changed) by Moody’s; and 
 (b)    the long-term debt obligations of which are, as at such date,
rated either “A” or better (or comparably if the rating system is changed) by either S&P or Moody’s (such commercial banks, “Permitted Banks”); 

  
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 (6)    eurodollar time deposits having a maturity of less
than 270 days from the date of acquisition thereof purchased directly from any Permitted Bank; 

(7)    bankers’ acceptances eligible for rediscount under requirements of the Board of Governors of
the Federal Reserve System and accepted by Permitted Banks; 
 (8)    obligations of the type described
in clauses (1) through (7) above purchased from a securities dealer designated as a “primary dealer” by the Federal Reserve Bank of New York or from a Permitted Bank as counterparty to a written repurchase agreement obligating such
counterparty to repurchase such obligations not later than 14 days after the purchase thereof and which provides that the obligations which are the subject thereof are held for the benefit of Suburban Propane or one of its Restricted Subsidiaries by
a custodian which is a Permitted Bank and which is not a counterparty to the repurchase agreement in question; and 

(9)    money market funds at least 95% of the assets of which constitute Cash Equivalents of the kinds
described in clauses (1) through (8) of this definition. 
 “Change of Control” means the occurrence of any of the
following: 
 (1)    the direct or indirect sale, transfer, conveyance or other disposition (other than
by way of merger or consolidation), in one or a series of related transactions, of all or substantially all of the properties or assets of Suburban Propane and its Subsidiaries taken as a whole to any “person” (as that term is used in
Section 13(d) of the Exchange Act) other than a Principal or a Related Party of a Principal, which occurrence is followed by a Rating Decline within 90 days of the consummation of such transaction; 

(2)    the adoption of a plan relating to the liquidation or dissolution of Suburban Propane or its General
Partner; 
 (3)    the consummation of any transaction (including, without limitation, any merger or
consolidation) the result of which is that any “person” (as that term is used in Section 13(d) of the Exchange Act), other than the Principals and their Related Parties or a “director” or “officer” (as those terms
are used in Section 16(a) of the Exchange Act) of Suburban Propane as of the date hereof, becomes the Beneficial Owner, directly or indirectly, of more than 50% of the Voting Stock of the General Partner, measured by voting power rather than number
of units or shares, which occurrence is followed by a Rating Decline within 90 days of the consummation of such transaction; 

(4)    Suburban Energy Services Group LLC ceases to be the general partner of Suburban Propane, which
occurrence is followed by a Rating Decline within 90 days of the consummation of such transaction; 

(5)    Suburban Propane consolidates with, or merges with or into, any Person (other than the Principals
and their Related Parties), or any Person (other than the Principals and their Related Parties) consolidates with, or merges with or into, Suburban Propane, other than any such transaction where the Voting Stock of Suburban Propane outstanding

  
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immediately prior to such transaction constitutes, or is converted into or exchanged for Voting Stock (other than Disqualified Stock) of the surviving or transferee Person constituting, a
majority of the outstanding shares of such Voting Stock of such surviving or transferee Person (immediately after giving effect to such issuance), which occurrence is followed by a Rating Decline within 90 days of the consummation of such
transaction; and 
 (6)    unless Suburban Propane is itself a corporation under the laws of the United
States of America, any state thereof or the District of Columbia at such time, the first day on which Suburban Propane fails to own, directly or indirectly, 100% of the issued and outstanding Equity Interests of Finance Corp. 

“Change of Control Offer” has the meaning specified in Section 10.16(a). 

“Change of Control Payment” has the meaning specified in Section 10.16(a). 

“Change of Control Payment Date” has the meaning specified in Section 10.16(a)(2). 

“Code” has the meaning specified in Section 2.21. 

“Commission” means the Securities and Exchange Commission. 

“Common Units” means the units representing limited partner interests of Suburban Propane, having the rights and obligations
specified with respect to common units of Suburban Propane. 
 “Consolidated Cash Flow Available for Fixed Charges” means,
with respect to Suburban Propane and its Restricted Subsidiaries for any period, the sum of, without duplication, the following amounts for that period, taken as single accounting period: 

(1)    Consolidated Net Income; 

(2)    Consolidated Non-Cash Charges (to the extent Consolidated
Net Income was reduced thereby); 
 (3)    Consolidated Interest Expense (to the extent Consolidated Net
Income was reduced thereby); and 
 (4)    Consolidated Income Tax Expense (to the extent Consolidated
Net Income was reduced thereby). 
 “Consolidated Fixed Charge Coverage Ratio” means, with respect to Suburban Propane and
its Restricted Subsidiaries, the ratio of (a) the aggregate amount of Consolidated Cash Flow Available for Fixed Charges of Suburban Propane and its Restricted Subsidiaries for the four full fiscal quarters for which internal financial
statements are available immediately preceding the date of the transaction (the “Transaction Date”) giving rise to the need to calculate the Consolidated Fixed Charge Coverage Ratio (the “Four Quarter Period”), to
(b) the aggregate amount of 

  
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Consolidated Fixed Charges of Suburban Propane and its Restricted Subsidiaries for the Four Quarter Period. In addition to and without limitation of the foregoing, for purposes of this
definition, “Consolidated Cash Flow Available for Fixed Charges” and “Consolidated Fixed Charges” shall be calculated after giving effect on a pro forma basis (in accordance with Regulation
S-X under the Securities Act) for the period of the calculation to, without duplication: 

(1)    the incurrence or repayment of any Indebtedness, Disqualified Stock or Preferred Stock, excluding
revolving credit borrowings and repayments of revolving credit borrowings (other than any revolving credit borrowings the proceeds of which are used for Asset Acquisitions or Growth Related Capital Expenditures of Suburban Propane or any of its
Restricted Subsidiaries and in the case of any incurrence, the application of the net proceeds thereof) during the period commencing on the first day of the Four Quarter Period to and including the Transaction Date (the “Reference
Period”), including, without limitation, the incurrence of the Indebtedness giving rise to the need to make the calculation (and the application of the net proceeds thereof), as if the incurrence (and application) occurred on the first day
of the Reference Period; and 
 (2)    any Asset Sales or Asset Acquisitions (including, without
limitation, any Asset Acquisition giving rise to the need to make the calculation as a result of Suburban Propane or one of its Restricted Subsidiaries, including any Person who becomes a Restricted Subsidiary as a result of the Asset Acquisition,
incurring, assuming or otherwise being liable for Acquired Debt) occurring during the Reference Period, as if the Asset Sale or Asset Acquisition occurred on the first day of the Reference Period; provided, however, that: 

(a)    any Person that is a Restricted Subsidiary on the Transaction Date will be deemed to have been a
Restricted Subsidiary at all times during the Reference Period; and 
 (b)    any Person that is an
Unrestricted Subsidiary on the Transaction Date will be deemed to have been an Unrestricted Subsidiary at all times during the Reference Period. 

Furthermore, subject to the following paragraph, in calculating “Consolidated Fixed Charges” for purposes of determining the
“Consolidated Fixed Charge Coverage Ratio”: 
 (1)    interest on outstanding Indebtedness,
other than Indebtedness referred to in clause (2) below, determined on a fluctuating basis as of the Transaction Date and that will continue to be so determined thereafter shall be deemed to have accrued at a fixed rate per annum equal to the
rate of interest on such Indebtedness in effect on that date; 
 (2)    with respect to Indebtedness
incurred under Section 10.10(b)(1), only actual interest payments associated with such Indebtedness during the Four Quarter Period shall be included in the calculation; and 

(3)    if interest on any Indebtedness actually incurred on the Transaction Date may optionally be
determined at an interest rate based upon a factor of a prime or similar rate, a eurocurrency interbank offered rate, or other rates, then the interest rate in effect on the Transaction Date will be deemed to have been in effect during the period.

  
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 “Consolidated Fixed Charges” means, with respect to Suburban Propane and its
Restricted Subsidiaries for any period, the sum, without duplication, of the following amounts for that period, taken as a single accounting period: 

(1)    Consolidated Interest Expense; and 

(2)    the product of: 

(a)    the aggregate amount of distributions and other dividends or payments paid in cash (other than to
Suburban Propane or its Restricted Subsidiaries) during the period in respect of Preferred Stock and Disqualified Stock of Suburban Propane and its Restricted Subsidiaries on a consolidated basis; and 

(b)    a fraction, the numerator of which is one and the denominator of which is one less the then
applicable current combined federal, state and local statutory tax rate, expressed as a percentage. 
 “Consolidated Income Tax
Expense” means, with respect to Suburban Propane and its Restricted Subsidiaries for any period, the provision for federal, state, local and foreign income taxes of Suburban Propane and its Restricted Subsidiaries for the period as
determined on a consolidated basis in accordance with GAAP. 
 “Consolidated Interest Expense” means, for any period, the
aggregate interest expense of Suburban Propane and its Restricted Subsidiaries for that period, determined on a consolidated basis in accordance with GAAP, including, without limitation or duplication: 

(1)    any amortization of debt discount; 

(2)    the net cost under interest rate agreements described in clauses (1) and (2) of the definition
of Hedging Obligations; 
 (3)    the interest portion of any deferred payment obligation; 

(4)    all commissions, discounts and other fees and charges owed with respect to letters of credit and
bankers’ acceptance financing; 
 (5)    all accrued interest for all instruments evidencing
Indebtedness; 
 (6)    the interest component of Capital Lease Obligations paid or accrued or scheduled
to be paid or accrued by Suburban Propane and its Restricted Subsidiaries during the period; 

(7)    the consolidated interest that was capitalized during such period; and 

  
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 (8)    any interest accruing on Indebtedness of another
Person that is Guaranteed by Suburban Propane or one of its Restricted Subsidiaries or secured by a Lien on assets of Suburban Propane or one of its Restricted Subsidiaries, whether or not such Guarantee or Lien is called upon. 

“Consolidated Net Income” means, for any period, the net income of Suburban Propane and its Restricted Subsidiaries for that
period, determined on a consolidated basis in accordance with GAAP, and as adjusted to exclude: 

(1)    net after-tax extraordinary gains or losses; 

(2)    net after-tax gains or losses attributable to Asset Sales;

 (3)    the net income or loss of any Person that is not a Restricted Subsidiary and which is accounted
for by the equity method of accounting; provided, that Consolidated Net Income shall include the amount of dividends or distributions actually paid to Suburban Propane or any Restricted Subsidiary; 

(4)    the net income of any Restricted Subsidiary to the extent that dividends or distributions of that
net income are not at the date of determination permitted by the terms of any agreement, instrument, charter or any judgment, decree, order, statute, rule or other regulation; and 

(5)    the cumulative effect of any changes in accounting principles. 

“Consolidated Net Tangible Assets” means, with respect to Suburban Propane at any date of determination, the aggregate amount
of total assets included in Suburban Propane’s most recent quarterly or annual consolidated balance sheet prepared in accordance with GAAP and deducting therefrom the following amounts: (a) all current liabilities reflected in such balance
sheet and (b) all goodwill, trademarks, patents and other like intangibles reflected in such balance sheet. 
 “Consolidated Non-Cash Charges” means, with respect to Suburban Propane and its Restricted Subsidiaries for any period, the sum, without duplication, of: (1) depreciation, (2) amortization, (3) non-cash employee compensation expenses and (4) any other non-cash charges, in each case to the extent that the Consolidated Net Income of Suburban Propane for
that period was reduced thereby. 
 “Corporate Trust Office” means the designated office of the Trustee at which at any
particular time its corporate trust business shall be administered, which office at the date hereof is 500 Ross Street, 12th Floor, Pittsburgh, PA 15262, Attention: Corporate Trust Administration,
or such other address as the Trustee may designate from time to time by notice to the Holders and the Issuers, or the principal corporate trust office of any successor Trustee (or such other address as such successor Trustee may designate from time
to time by notice to the Holders and the Issuers), except that with respect to the presentation of Notes for payment or for registration of transfer and exchange, such term shall mean the office or the agency of the Trustee designated for such
purpose. 

  
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 “Covenant Defeasance” has the meaning specified in Section 13.03. 

“Credit Agreement” means that certain second amended and restated credit agreement, dated as of March 3, 2016, between
the Operating Partnership, as borrower, Suburban Propane, as parent, and the lenders or agents party thereto from time to time, as amended, restated, modified, renewed, refunded, replaced or refinanced (including by means of sales of debt securities
to investors) in whole or in part from time to time. 
 “Credit Facilities” means one or more debt facilities (including,
without limitation, the Credit Agreement), indenture or commercial paper facilities, in each case with banks or other institutional lenders providing for revolving credit loans, term loans, notes, receivables financing (including through the sale of
receivables to such lenders or to special purpose entities formed to borrow from such lenders against such receivables) or letters of credit, in each case, as amended, restated, modified, renewed, refunded, replaced or refinanced, in whole or in
part, from time to time. 
 “Default” means any event that is, or with the passage of time or the giving of notice or both
would be, an Event of Default. 
 “Defaulted Interest” has the meaning specified in Section 3.06(b). 

“Depositary” means, with respect to the Notes issuable or issued in whole or in part in global form, the Person specified in
Section 3.04 hereof as the Depositary with respect to the Notes, and any and all successors thereto appointed as depositary hereunder and having become such pursuant to the applicable provision of this Indenture. 

“Designated Non-Cash Consideration” means the Fair Market Value of non-cash consideration received by Suburban Propane or any of its Restricted Subsidiaries in connection with an Asset Sale that is so designated as Designated Non-Cash
Consideration pursuant to an Officers’ Certificate, setting forth the basis of such valuation, less the amount of cash or Cash Equivalents received in connection with a subsequent sale, redemption or payment of, on or with respect to, such
Designated Non-Cash Consideration. For the avoidance of doubt, the Trustee shall have no obligation or responsibility with respect to any matters set forth in any such Officers’ Certificate. 

“Disqualified Stock” means any Capital Stock that, by its terms (or by the terms of any security into which it is
convertible, or for which it is exchangeable, in each case at the option of the holder of the Capital Stock), or upon the happening of any event, matures or is mandatorily redeemable, pursuant to a sinking fund obligation or otherwise, or redeemable
at the option of the holder of the Capital Stock, in whole or in part, on or prior to the date that is 91 days after the date on which the Notes mature. Notwithstanding the preceding sentence, (1) any Capital Stock that would constitute
Disqualified Stock solely because the holders of the Capital Stock have the right to require Suburban Propane to repurchase such Capital Stock upon the occurrence of a change of control or an asset sale will not constitute Disqualified Stock if the
terms of such Capital Stock provide that Suburban Propane may not repurchase or redeem any such Capital Stock pursuant to such provisions unless such repurchase or redemption complies with Section 10.08 hereof and (2) any Capital Stock
issued pursuant to any plan for the benefit of one or more employees will not constitute Disqualified Stock solely because it may be required to be repurchased 

  
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by Suburban Propane in order to satisfy applicable contractual, statutory or regulatory obligations. The amount of Disqualified Stock deemed to be outstanding at any time for purposes of this
Supplemental Indenture will be the maximum amount that Suburban Propane and its Restricted Subsidiaries may become obligated to pay upon the maturity of, or pursuant to any mandatory redemption provisions of, such Disqualified Stock, exclusive of
accrued dividends. 
 “DTC” means The Depository Trust Company and its successors and assigns. 

“Equity Interests” means Capital Stock and all warrants, options or other rights to acquire Capital Stock (but excluding any
debt security that is convertible into, or exchangeable for, Capital Stock). 
 “Equity Offering” means any public or
private offer and sale of Common Units of Suburban Propane (excluding Disqualified Stock), other than: 

(1)    public offerings with respect to Suburban Propane’s Common Units registered on Form S-4 or Form S-8; 
 (2)
    issuances to Suburban Propane or any of its Subsidiaries; and 
 (3)    any such
public or private sale that constitutes an Excluded Contribution. 
 “Euroclear” means the operator of the Euroclear
System. 
 “Event of Default” has the meaning specified in Section 5.01. 

“Excess Proceeds” has the meaning specified in Section 10.11(c). 

“Exchange Act” means the Securities Exchange Act of 1934, as amended. 

“Exchange Date” has the meaning specified in Section 3.03(c). 

“Excluded Contribution” means net cash proceeds or Fair Market Value of property or assets received by Suburban Propane from:

 (1)    capital contributions to the equity of Suburban Propane (other than through the issuance of
Disqualified Stock); and 
 (2)    the sale (other than to a Restricted Subsidiary of Suburban Propane or
to any management equity plan or stock option plan or any other management or employee benefit plan or agreement of Suburban Propane) of Capital Stock (other than Disqualified Stock) of Suburban Propane, 

in each case designated as Excluded Contributions pursuant to an Officers’ Certificate of Suburban Propane. For the avoidance of doubt, the Trustee shall
have no obligation or responsibility with respect to any matters set forth in any such Officers’ Certificate. 

  
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 “Existing Indebtedness” means Indebtedness of Suburban Propane and its
Restricted Subsidiaries in existence on the date of this Supplemental Indenture. 
 “Fair Market Value” means the value
that would be paid by a willing buyer to an unaffiliated willing seller in a transaction not involving distress or necessity of either party, determined in good faith by the Board of Supervisors of Suburban Propane. 

“FATCA Withholding Tax” means any withholding or deduction pursuant to an agreement described in Section 1471(b) of the Code
or otherwise imposed pursuant to Applicable Law. 
 “Finance Corp.” means the Person named as “Finance Corp.” in
the first paragraph of this Supplemental Indenture, and any and all successors thereto. 
 “Four Quarter Period” has the
meaning specified in the definition of “Consolidated Fixed Charge Coverage Ratio.” 
 “GAAP” means generally
accepted accounting principles set forth in the opinions and pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or
in such other statements by such other entity as have been approved by a significant segment of the accounting profession, which is in effect as of the date of this Supplemental Indenture. 

“General Partner” means Suburban Energy Services Group LLC, a Delaware limited liability company, as the general partner of
Suburban Propane. 
 “Government Securities” means direct obligations of, or obligations guaranteed by, the United States
of America (including any agency or instrumentality thereof) for the payment of which obligations or guarantees the full faith and credit of the United States of America is pledged and which are not callable or redeemable at the issuer’s
option. 
 “Growth Related Capital Expenditures” means, with respect to any Person, all capital expenditures by such Person
made to improve or enhance the existing capital assets or to increase the customer base of such Person or to acquire or construct new capital assets (but excluding capital expenditures made to maintain, up to the level thereof that existed at the
time of such expenditure, the operating capacity of the capital assets of such Person as such assets existed at the time of such expenditure). 

“Guarantee” means a guarantee other than by endorsement of negotiable instruments for collection in the ordinary course of
business, direct or indirect, in any manner including, without limitation, by way of a pledge of assets or through letters of credit or reimbursement agreements in respect thereof, of all or any part of any Indebtedness (whether arising by virtue of
partnership arrangements, or by agreements to keep-well, to purchase assets, goods, securities or services, to take or pay or to maintain financial statement conditions or otherwise). 

“Guarantor” means any subsidiary that executes a Subsidiary Guarantee in accordance with the provisions of this Supplemental
Indenture and its successors and assigns. 

  
 -17- 

 “Hedging Obligations” means, with respect to any specified Person, the
obligations of such Person under: 
 (1)    interest rate swap agreements (whether from fixed to floating
or from floating to fixed), interest rate cap agreements and interest rate collar agreements; 

(2)    other agreements or arrangements designed to manage interest rates or interest rate risk; and 

(3)    other agreements or arrangements designed to protect such Person against fluctuations in currency
exchange rates, commodity prices, weather or other risks associated with the business or operations of such Person. 

“Holder” or “holder” means the Person in whose name at the time a particular Note is registered in the Note
Register. 
 “incur” has the meaning set forth in Section 10.10(a). 

“Indebtedness” means, with respect to any specified Person, the amount of any indebtedness of such Person (excluding accrued
expenses and trade payables), whether or not contingent: 
 (1)    in respect of borrowed money; 

(2)    evidenced by bonds, notes, debentures or similar instruments or letters of credit (or reimbursement
agreements in respect thereof); 
 (3)    in respect of banker’s acceptances; 

(4)    representing Capital Lease Obligations or Attributable Debt in respect of sale and leaseback
transactions; 
 (5)    representing the balance deferred and unpaid of the purchase price of any
property, except any such balance that constitutes an accrued expense or trade payable in the ordinary course of business; or 

(6)    representing any Hedging Obligations, 

if and to the extent any of the preceding items (other than letters of credit, Attributable Debt and Hedging Obligations) would appear as a liability upon a
balance sheet of the specified Person prepared in accordance with GAAP. In addition, the term “Indebtedness” includes all Indebtedness of others secured by a Lien on any asset of the specified Person (whether or not such Indebtedness is
assumed by the specified Person) and, to the extent not otherwise included, the Guarantee by the specified Person of any Indebtedness of any other Person. For the avoidance of doubt, obligations in respect of operating leases (as determine in
accordance with GAAP as in effect as of the date of this Supplemental Indenture) shall be deemed not to be Indebtedness hereunder and shall continue to be treated as operating leases. 

  
 -18- 

 “Indenture” has the meaning specified in the first paragraph of this
Supplemental Indenture. 
 “Initial Notes” has the meaning specified in the third recital of this Supplemental Indenture.

 “interest,” when used with respect to an Original Issue Discount Note which by its terms bears interest only after
Maturity, means interest payable after Maturity. 
 “Interest Payment Date,” when used with respect to any Note, means the
Stated Maturity of an installment of interest on such Note. 
 “Interim Capital Transactions” means (1) borrowings,
refinancings or refunding of Indebtedness and sales of debt securities (other than for working capital purposes and other than for items purchased on open account in the ordinary course of business) by Suburban Propane or the Operating Partnership
and (2) sales of Capital Stock of Suburban Propane by Suburban Propane or the Operating Partnership, distribution of assets upon any voluntary or involuntary liquidation or dissolution of such Person, over shares in each case prior to the
commencement of the dissolution and liquidation of Suburban Propane. 
 “Investment Grade Rating” means a rating of Baa3 or
better by Moody’s (or its equivalent under any successor rating categories of Moody’s) or BBB- or better by S&P (or its equivalent under any successor rating categories of S&P). 

“Investments” means, with respect to any Person, all direct or indirect investments by such Person in other Persons
(including Affiliates) in the forms of loans (including Guarantees or other obligations but excluding Guarantees permitted to be incurred pursuant to Section 10.10(b)(9)), advances or capital contributions (excluding commission, travel and
similar advances to officers and employees made in the ordinary course of business), purchases or other acquisitions for consideration of Indebtedness, Equity Interests or other securities, together with all items that are or would be classified as
investments on a balance sheet prepared in accordance with GAAP. If Suburban Propane or any Restricted Subsidiary of Suburban Propane sells or otherwise disposes of any Equity Interests of any direct or indirect Restricted Subsidiary of Suburban
Propane such that, after giving effect to any such sale or disposition, such Person is no longer a Restricted Subsidiary of Suburban Propane, Suburban Propane will be deemed to have made an investment on the date of any such sale or disposition
equal to the Fair Market Value of Suburban Propane’s Investments in such Restricted Subsidiary that were not sold or disposed of in an amount determined as provided in the final paragraph of Section 10.08(b). The acquisition by Suburban
Propane or any Restricted Subsidiary of Suburban Propane of a Person that holds an Investment in a third Person will be deemed to be an Investment by Suburban Propane or such Restricted Subsidiary in such third Person in an amount equal to the Fair
Market Value of the Investments held by the acquired Person in such third Person in an amount determined as provided in the final paragraph of Section 10.08(b). Except as otherwise provided in this Supplemental Indenture, the amount of an
Investment will be determined at the time the Investment is made and without giving effect to subsequent changes in value. 

“Issuers” has the meaning stated in the first paragraph of this Supplemental Indenture. 

  
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 “Issuers’ Request” or “Issuers’ Order” means a
written request or order signed in the name of the Issuers by one of the Officers of each of the Issuers and delivered to the Trustee. 

“Legal Defeasance” has the meaning specified in Section 13.02. 

“Lien” means, with respect to any asset, any mortgage, lien, pledge, charge, security interest or encumbrance of any kind in
respect of such asset, whether or not filed, recorded or otherwise perfected under applicable law, including any conditional sale or other title retention agreement, any lease in the nature thereof, any option or other agreement to sell or give a
security interest in and any filing of or agreement to give any financing statement under the Uniform Commercial Code (or equivalent statutes) of any jurisdiction. 

“Maturity,” when used with respect to the Note, means the date on which the principal of the Note or an installment of
principal becomes due and payable as therein or herein provided, whether at the Stated Maturity or by declaration of acceleration, call for redemption or otherwise. 

“Moody’s” means Moody’s Investors Service, Inc. and any successor thereto. 

“Net Proceeds” means the aggregate cash proceeds received by Suburban Propane or any of its Restricted Subsidiaries in
respect of any Asset Sale (including, without limitation, any cash received upon the sale or other disposition of any non-cash consideration received in any Asset Sale), net of the direct costs relating to
such Asset Sale, including, without limitation, legal, accounting and investment banking fees, and sales commissions, and any relocation expenses incurred as a result of the Asset Sale, taxes paid or payable as a result of the Asset Sale, in each
case, after taking into account any available tax credits or deductions and any tax sharing arrangements, amounts required to be applied to the repayment of Indebtedness secured by a Lien on such asset or assets and any reserve for adjustment in
respect of the sale price of such asset or assets established in accordance with GAAP. 

“Non-Recourse Debt” means Indebtedness: 

(1)    as to which neither Suburban Propane nor any of its Restricted Subsidiaries (a) provides credit
support of any kind (including any undertaking, agreement or instrument that would constitute Indebtedness), (b) is directly or indirectly liable as a guarantor or otherwise, or (c) constitutes the lender; 

(2)    no default with respect to which (including any rights that the holders of the Indebtedness may have
to take enforcement action against an Unrestricted Subsidiary) would permit upon notice, lapse of time or both any holder of any other Indebtedness of Suburban Propane or any of its Restricted Subsidiaries to declare a default on such other
Indebtedness or cause the payment of the Indebtedness to be accelerated or payable prior to its Stated Maturity; and 

(3)    as to which the lenders have been notified in writing that they will not have any recourse to the
stock or assets of Suburban Propane or any of its Restricted Subsidiaries. 

  
 -20- 

 “Note Register” has the meaning specified in Section 3.04(a). 

“Note Registrar” means the Person appointed as the initial Note Registrar in Section 3.04(a) or any Person appointed by
the Issuers as a successor or replacement Note Registrar. 
 “Noteholder FATCA Information” means, with respect to any
Noteholder or holder of an interest in a Note, information sufficient to eliminate the imposition of, or determine the amount of, U.S. federal withholding tax under Applicable Law. 

“Noteholder Tax Identification Information” means a correct, complete and properly executed U.S. IRS Form W-9 or applicable Form W-8 (with appropriate attachments), or any successor form, as applicable. 

“Notes” has the meaning stated in the fourth recital of this Supplemental Indenture and more particularly means any Notes
authenticated and delivered under this Supplemental Indenture. 
 “Obligations” means any principal, interest, penalties,
fees, indemnifications, reimbursements, damages and other liabilities payable under the documentation governing any Indebtedness. 

“Offer Amount” has the meaning stated in Section 11.10. 

“Offer Period” has the meaning stated in Section 11.10. 

“Officer” means, with respect to any Person, the Chairman of the Board, the Chief Executive Officer, the President, the Chief
Operating Officer, the Chief Financial Officer, the Treasurer, any Assistant Treasurer, the Controller, the Secretary or any Vice-President of such Person. 

“Officers’ Certificate” means a certificate signed on behalf of the Issuers by two Officers of Suburban Propane, one of
whom must be the principal executive officer, the principal financial officer, the treasurer or the principal accounting officer of Suburban Propane, and delivered to the Trustee. Each such Officers’ Certificate shall contain the statements
provided in Section 2.02 or Section 3.11, as applicable, if and to the extent required by the provisions of such Sections. 

“Operating Partnership” means Suburban Propane, L.P., a Delaware limited partnership and a direct Subsidiary of Suburban
Propane. 
 “Opinion of Counsel” means a written opinion of counsel, who may be counsel for or an employee of Suburban
Propane or any Subsidiary of Suburban Propane and who shall be reasonably acceptable to the Trustee. Each Opinion of Counsel shall contain the statements provided in Section 2.02 or Section 3.11, as applicable, if and to the extent
required by the provisions of such Sections. 

  
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 “Original Issue Discount Note” means any Note which provides for an amount less
than the principal amount thereof to be due and payable upon a declaration of acceleration of the Maturity thereof pursuant to Section 5.02. 

“Outstanding” or “outstanding,” when used with respect to the Note, means, as of the date of determination,
all Notes theretofore authenticated and delivered under this Supplemental Indenture, except: 

(i)    Notes theretofore cancelled by the Trustee or delivered or deemed delivered to the Trustee for
cancellation; 
 (ii)    Notes for whose payment or redemption money in the necessary amount and in the
required currency or currency unit has been theretofore deposited with the Trustee or any Paying Agent (other than the Issuers) in trust or set aside and segregated in trust by the Issuers (if the Issuers shall act as their own Paying Agent) for the
Holders of such Notes; provided, that, if such Notes are to be redeemed, notice of such redemption has been duly given pursuant to this Supplemental Indenture or provision therefor satisfactory to the Trustee has been made; and 

(iii)    Notes which have been paid pursuant to Article IV or in exchange for or in lieu of which other
Notes have been authenticated and delivered pursuant to this Supplemental Indenture, other than any such Notes in respect of which there shall have been presented to the Trustee proof satisfactory to it that such Notes are held by a protected
purchaser (as defined in section 8-303 of the New York Uniform Commercial Code as in effect on the date hereof, and any successor thereto or amendment thereof) in whose hands such Notes are valid obligations
of the Issuers; 
 provided, however, that in determining whether the Holders of the requisite principal amount of the Outstanding Notes have
given any request, demand, authorization, direction, notice, consent or waiver hereunder, (i) the principal amount of an Original Issue Discount Note that shall be deemed to be Outstanding for such purposes shall be the amount of the principal
thereof that would be due and payable as of the date of such determination upon a declaration of acceleration of the Maturity thereof pursuant to Section 5.02, and (ii) Notes owned by the Issuers or any other obligor upon the Notes or any
Affiliate of the Issuers or of such other obligor shall be disregarded and deemed not to be Outstanding, except that, in determining whether the Trustee shall be protected in relying upon any such request, demand, authorization, direction, notice,
consent or waiver, only Notes which a Responsible Trust Officer of the Trustee actually knows to be so owned shall be so disregarded. Notes so owned which have been pledged in good faith may be regarded as Outstanding if the pledgee establishes to
the satisfaction of the Trustee the pledgee’s right so to act with respect to such Notes and that the pledgees are not the Issuers or any other obligor upon the Notes or any Affiliate of the Issuers or of such other obligor. 

“Paying Agent” means the Trustee or any other Person authorized by the Issuers to pay the principal of (and premium, if any)
or interest, if any, on any Notes on behalf of the Issuers. 
 “Permitted Banks” has the meaning specified in the
definition of “Cash Equivalents.” 

  
 -22- 

 “Permitted Business” means any business that is the same as or related,
ancillary or complementary to any of the businesses of Suburban Propane or any of its Restricted Subsidiaries as conducted as of the date of this Supplemental Indenture or is otherwise related to the energy business. 

“Permitted Business Investments” means any Investment by Suburban Propane or any Restricted Subsidiary of Suburban Propane in
any Unrestricted Subsidiary of Suburban Propane or in a joint venture, provided that: 
 (1)    at
the time of such Investment and immediately thereafter, Suburban Propane could incur $1.00 of additional Indebtedness pursuant to the Consolidated Fixed Charge Coverage Ratio test set forth in Section 10.10(a) hereof; 

(2)    if such Unrestricted Subsidiary or joint venture has outstanding Indebtedness at the time of such
Investment, either (a) all such Indebtedness is Non-Recourse Debt or (b) any such Indebtedness of such Unrestricted Subsidiary or joint venture that is recourse to Suburban Propane or any of its
Restricted Subsidiaries (which shall include, without limitation, all Indebtedness of such Unrestricted Subsidiary or joint venture for which Suburban Propane or any of its Restricted Subsidiaries may be directly or indirectly, contingently or
otherwise, obligated to pay, whether pursuant to the terms of such Indebtedness, by law or pursuant to any Guarantee, including, without limitation, any “claw-back”, “make-well” or “keep-well” arrangement) could, at the
time such Investment is made, be incurred at that time by Suburban Propane and its Restricted Subsidiaries under the Consolidated Fixed Charge Coverage Ratio test set forth in Section 10.10(a) hereof; and 

(3)    such Unrestricted Subsidiary’s or joint venture’s activities are not outside the scope of
the Permitted Business. 
 “Permitted Debt” has the meaning specified in Section 10.10(b). 

“Permitted Investments” means: 

(1)    any Investment in Suburban Propane or in a Restricted Subsidiary of Suburban Propane; 

(2)    any Investment in Cash Equivalents; 

(3)    any Investment by Suburban Propane or any Restricted Subsidiary of Suburban Propane in a Person, if
as a result of such Investment: 
 (a)    such Person becomes a Restricted Subsidiary of Suburban
Propane; or 
 (b)    such Person is merged, consolidated or amalgamated with or into, or transfers or
conveys substantially all of its assets to, or is liquidated into, Suburban Propane or a Restricted Subsidiary of Suburban Propane; 

  
 -23- 

 (4)    any Investment made as a result of the receipt of non-cash consideration from an Asset Sale that was made pursuant to and in compliance with Section 10.11; 

(5)    any acquisition of assets or Capital Stock to the extent made in exchange for the issuance of Equity
Interests (other than Disqualified Stock) of Suburban Propane; 
 (6)    any Investments received in
compromise or resolution of (A) obligations of trade creditors or customers that were incurred in the ordinary course of business of Suburban Propane or any of its Restricted Subsidiaries, including pursuant to any plan of reorganization or
similar arrangement upon the bankruptcy or insolvency of any trade creditor or customer; or (B) litigation, arbitration or other disputes; 

(7)    Investments represented by non-speculative Hedging
Obligations; 
 (8)    loans or advances to employees made in the ordinary course of business of Suburban
Propane or a Restricted Subsidiary of Suburban Propane; 
 (9)    repurchases of the Notes; 

(10)    Permitted Business Investments; provided, however, that if any Investment pursuant to
this clause (10) is made in any Person that is not a Restricted Subsidiary at the date of the making of such Investment and such Person becomes a Restricted Subsidiary after such date, such Investment shall thereafter be deemed to have been
made pursuant to clause (1) above and shall cease to have been made pursuant to this clause (10) for so long as such Person continues to be a Restricted Subsidiary; and 

(11)    other Investments in any Person having an aggregate Fair Market Value (measured on the date each
such Investment was made and without giving effect to subsequent changes in value), when taken together with all other Investments made pursuant to this clause (11) that are at the time outstanding, not to exceed the greater of (x)
$75.0 million and (y) 7.5% of Consolidated Net Tangible Assets. 
 “Permitted Liens” means: 

(1)    Liens on assets of Suburban Propane securing Indebtedness and other Obligations under Credit
Facilities and Existing Indebtedness that was permitted by the terms of this Supplemental Indenture to be incurred and/or securing non-speculative Hedging Obligations related thereto; 

(2)    Liens in favor of the Issuers; 

(3)    Liens on property of a Person existing at the time such Person is merged with or into or
consolidated with Suburban Propane; provided, that such Liens were in existence prior to the contemplation of such merger or consolidation and do not extend to any assets other than those of the Person merged into or consolidated with
Suburban Propane; 

  
 -24- 

 (4)    Liens on property (including Capital Stock) existing
at the time of acquisition of the property by Suburban Propane; provided, that such Liens were in existence prior to such acquisition and not incurred in contemplation of such acquisition; 

(5)    Liens to secure Indebtedness permitted to be incurred pursuant to Section 10.10(b)(11); 

(6)    Liens to secure Indebtedness (including Capital Lease Obligations) permitted by
Section 10.10(b)(4) covering only the assets acquired with or financed by such Indebtedness; 

(7)    Liens to secure Indebtedness permitted by Section 10.10(b)(13)(a) or (b); 

(8)    Liens existing on the date of this Supplemental Indenture; 

(9)    Liens for taxes, assessments or governmental charges or claims that are not yet delinquent or that
are being contested in good faith by appropriate proceedings promptly instituted and diligently concluded; provided, that any reserve or other appropriate provision as is required in conformity with GAAP has been made therefor; 

(10)    Liens imposed by law, such as carriers’, warehousemen’s, landlord’s and
mechanics’ Liens, in each case, incurred in the ordinary course of business; 
 (11)    survey
exceptions, easements or reservations of, or rights of others for, licenses, rights-of-way, sewers, electric lines, telegraph and telephone lines and other similar
purposes, or zoning or other restrictions as to the use of real property that were not incurred in connection with Indebtedness and that do not in the aggregate materially adversely affect the value of said properties or materially impair their use
in the operation of the business of such Person; 
 (12)    Liens created for the benefit of (or to
secure) the Notes; 
 (13)    Liens to secure any Permitted Refinancing Indebtedness permitted to be
incurred under this Supplemental Indenture; provided, however, that: 
 (a)    the new Lien
shall be limited to all or part of the same property and assets that secured or, under the written agreements pursuant to which the original Lien arose, could secure the original Lien (plus improvements and accessions to, such property or proceeds
or distributions thereof); and 
 (b)    the Indebtedness secured by the new Lien is not increased to any
amount greater than the sum of (i) the outstanding principal amount or, if greater, committed amount, of the Permitted Refinancing Indebtedness and (ii) an amount necessary to pay any fees and expenses, including premiums, related to such
refinancings, refunding, extension, renewal or replacement; 

  
 -25- 

 (14)    Liens on the equity interests of Unrestricted
Subsidiaries or joint ventures granted to secure indebtedness incurred by such Unrestricted Subsidiaries or joint ventures; and 

(15)    Liens on pipelines or pipeline facilities that arise by operation of law; 

(16)    Liens securing Hedging Obligations entered into for bona fide hedging purposes and not for
the purpose of speculation; 
 (17)    pledges or deposits in the ordinary course of business in
connection with workers’ compensation, unemployment insurance and other social security legislation, other than any Lien imposed by the United States Employee Retirement Income Security Act of 1974, as amended; 

(18)    deposits to secure the performance of bids, trade contracts and leases (other than Indebtedness),
statutory obligations, surety and appeal bonds, performance bonds and other obligations of a like nature incurred in the ordinary course of business; 

(19)    (i) any interest or title of a lessor or sublessor under any lease not prohibited by this
Supplemental Indenture, (ii) any Lien or restriction to which the interest or title of such lessor or sublessor may be subject, or (iii) any subordination of the interest of the lessee or sublessee under such lease to any Lien or
restriction referred to in the preceding clause (ii), so long as the holder of such Lien or restriction agrees to recognize the rights of such lessee or sublessee under such lease; 

(20)    licenses, sublicenses, leases or subleases granted to third parties in the ordinary course of
business not interfering in any material respect with the ordinary conduct of the business of Suburban Propane or any of its Subsidiaries; 

(21)    any zoning or similar law or right reserved to or vested in any governmental office or agency to
control or regulate the use of any real property; 
 (22)    Liens securing judgments for the payment of
money not constituting an Event of Default; 
 (23)    precautionary
UCC-1 financing statement filings by lessors in respect of operating leases, provided that the obligations under such leases do not constitute Indebtedness; and 

(24)    Liens with respect to obligations that do not exceed the greater of (x) $50.0 million and (y)
5.0% of Consolidated Net Tangible Assets at any one time outstanding. 

  
 -26- 

 “Permitted Refinancing Indebtedness” means any Indebtedness of Suburban Propane
or any of its Restricted Subsidiaries issued in exchange for, or the net proceeds of which are used to refund, refinance, replace, defease or discharge other Indebtedness of Suburban Propane or any of its Restricted Subsidiaries; provided,
that: 
 (1)    the principal amount (or accreted value, if applicable) of such Permitted Refinancing
Indebtedness does not exceed the principal amount (or accreted value, if applicable) of the Indebtedness extended, refinanced, renewed, replaced, defeased or refunded (plus all accrued interest on the Indebtedness and the amount of all fees,
expenses and premiums incurred in connection therewith); 
 (2)    such Permitted Refinancing
Indebtedness has a final maturity date later than the final maturity date of, and has a Weighted Average Life to Maturity equal to or greater than the Weighted Average Life to Maturity of, the Indebtedness being extended, refinanced, renewed,
replaced, defeased or refunded; 
 (3)    if the Indebtedness being extended, refinanced, renewed,
replaced, defeased or refunded is subordinated in right of payment to the Notes, such Permitted Refinancing Indebtedness has a final maturity date later than the final maturity date of, and is subordinated in right of payment to, the Notes on terms
at least as favorable to the Holders of Notes as those contained in the documentation governing the Indebtedness being extended, refinanced, renewed, replaced, defeased or refunded; and 

(4)    such Indebtedness is incurred either by the Issuers or by the Restricted Subsidiary that is the
obligor on the Indebtedness being extended, refinanced, renewed, replaced, defeased or refunded. 
 “Person” means any
individual, corporation, company, partnership, joint venture, association, joint-stock company, trust, unincorporated organization, limited liability company, business trust or government or other entity. 

“Place of Payment,” when used with respect to the Notes, means the place or places where the principal of (and premium, if
any) and interest, if any, on the Notes are payable as specified in accordance with Section 3.06. 
 “Predecessor
Note” of any particular Note means every previous Note evidencing all or a portion of the same debt as that evidenced by such particular Note; and, for the purposes of this definition, any Note authenticated and delivered under
Section 3.05 in exchange for or in lieu of a mutilated, destroyed, lost or stolen Note shall be deemed to evidence the same debt as the mutilated, destroyed, lost or stolen Note. 

“Preferred Stock” as applied to the Capital Stock of any Person, means Capital Stock of any class or classes, however
designated, that is preferred as to the payment of distributions or dividends, or as to the distribution of assets upon any voluntary or involuntary liquidation or dissolution of such Person, over shares of Capital Stock of any other class of such
Person. 
 “Principals” means the Persons owning the Capital Stock of the General Partner as of the date of this
Supplemental Indenture. 
 “Purchase Date” has the meaning specified in Section 11.10. 

  
 -27- 

 “Rating Category” means: 

(1)    with respect to S&P, any of the following categories: AAA, AA, A, BBB, BB, B, CCC, CC, C and D
(or equivalent successor categories); and 
 (2)    with respect to Moody’s, any of the following
categories: Aaa, Aa, A, Baa, Ba, B, Caa, Ca, C and D (or equivalent successor categories). 
 “Rating Decline” means a
decrease in the rating of the Notes by either S&P or Moody’s by one or more gradations (including gradations within Rating Categories as well as between Rating Categories). In determining whether the rating of the Notes has decreased by one
or more gradations, gradations within Rating Categories, namely + or – for S&P, and 1, 2, and 3 for Moody’s, will be taken into account; for example, in the case of S&P, a rating decline either from BB+ to BB or BB- to B+ will constitute a decrease of one gradation. 
 “Redemption Date,” when used
with respect to any Note to be redeemed, means the date fixed for such redemption by or pursuant to this Supplemental Indenture. 

“Redemption Price,” when used with respect to any Note to be redeemed, means the price, in the currency or currency unit in
which such Note is payable, at which it is to be redeemed pursuant to this Supplemental Indenture. 
 “Reference Period”
has the meaning specified in the definition of “Consolidated Fixed Charge Coverage Ratio.” 
 “Regular Record
Date” for the interest payable on any Interest Payment Date on the Notes means the date specified for that purpose as contemplated by Section 3.01, which date shall be, unless otherwise specified pursuant to Section 3.01, the
fifteenth day preceding such Interest Payment Date, whether or not such day shall be a Business Day. 
 “Related Party”
means: 
 (1)    any controlling stockholder, 80% (or more) owned Subsidiary, or immediate family member
(in the case of an individual) of any Principal; or 
 (2)    any trust, corporation, partnership or
other entity, the beneficiaries, stockholders, partners, owners or Persons beneficially holding an 80% or more controlling interest of which consist of any one or more Principals and/or such other Persons referred to in the immediately preceding
clause (1). 
 “Reporting Default” means a Default described in Section 5.01(c). 

“Responsible Trust Officer,” when used with respect to the Trustee, means any officer within the corporate trust department
of the Trustee, including any vice president, assistant vice president, assistant secretary, assistant treasurer, trust officer or any other officer of the Trustee who customarily performs functions similar to those performed by the Persons who at
the time shall be such officers, respectively, or to whom any corporate trust matter is referred because of such person’s knowledge of and familiarity with the particular subject and who shall have direct responsibility for the administration
of this Supplemental Indenture. 

  
 -28- 

 “Restricted Investment” means an Investment other than a Permitted Investment.

 “Restricted Payments” has the meaning specified in Section 10.08(a)(4). 

“Restricted Subsidiary” of a Person means any Subsidiary of the referent Person that is not an Unrestricted Subsidiary. 

“Reversion Date” has the meaning specified in Section 10.07(a). 

“S&P” means Standard & Poor’s Ratings Group and any successor thereto. 

“Securities” has the meaning stated in the first recital of this Supplemental Indenture. 

“Securities Act” means the Securities Act of 1933, as amended. 

“Significant Subsidiary” means any Subsidiary that would be a “significant subsidiary” as defined in Article I,
Rule 1-02 of Regulation S-X, promulgated pursuant to the Securities Act, as such Regulation is in effect on the date of this Supplemental Indenture. 

“Special Record Date” for the payment of any Defaulted Interest means a date fixed by the Trustee pursuant to
Section 3.06(b). 
 “Stated Maturity” means, with respect to any installment of interest or principal on any series of
Indebtedness, the date on which the payment of interest or principal was scheduled to be paid in the documentation governing such Indebtedness as of the date of this Supplemental Indenture, and will not include any contingent obligations to repay,
redeem or repurchase any such interest or principal prior to the date originally scheduled for the payment thereof. 

“Subsidiary” means, with respect to any specified Person: 

(1)    any corporation, association or other business entity of which more than 50% of the total voting
power of shares of Capital Stock entitled (without regard to the occurrence of any contingency and after giving effect to any voting agreement or stockholders’ agreement that effectively transfers voting power) to vote in the election of
directors, managers or trustees of the corporation, association or other business entity is at the time owned or controlled, directly or indirectly, by that Person or one or more of the other Subsidiaries of that Person (or a combination thereof);
and 
 (2)    any partnership (a) the sole general partner or the managing general partner of which
is such Person or a Subsidiary of such Person or (b) the only general partners of which are that Person or one or more Subsidiaries of that Person (or any combination thereof). 

  
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 “Subsidiary Guarantee” means the Guarantee by each Guarantor of Suburban
Propane’s obligations under this Supplemental Indenture and on the Notes, executed pursuant to the provisions of this Supplemental Indenture. 

“Suburban Propane” means the Person named as “Suburban Propane” in the first paragraph of this Supplemental
Indenture, and any and all successors thereto. 
 “Supplemental Indenture” means this Supplemental Indenture as originally
executed on the date hereof or as it may from time to time be supplemented or amended by one or more indentures supplemental hereto entered into pursuant to the applicable provisions hereof and shall include the terms of the Notes established as
contemplated by Section 3.11 hereunder. 
 “Suspension Period” has the meaning specified in Section 10.07(a).

 “Termination Capital Transactions” means any sale, transfer or other disposition of property of Suburban Propane or the
Operating Partnership occurring upon or incident to the liquidation and winding up of Suburban Propane and the Operating Partnership. 

“Transaction Date” has the meaning specified in the definition of “Consolidated Fixed Charge Coverage Ratio.” 

“Treasury Rate” means, at the time of computation, the weekly average rounded to the nearest 1/100th of a percentage point
(for the most recently completed week for which such information is available as of the date that is two business days prior to the redemption date) of the yield to maturity of United States Treasury securities with a constant maturity (as compiled
and published in Federal Reserve Statistical Release H.15 with respect to each applicable day during such week or, if such Statistical Release is no longer published, any publicly available source of similar market data) most nearly equal to the
period from the redemption date to March 1, 2022; provided, however, that if the period from the redemption date to March 1, 2022 is not equal to the constant maturity of a United States Treasury security for which such a
yield is given, the Treasury Rate shall be obtained by linear interpolation (calculated to the nearest one-twelfth of a year) from the weekly average yields of United States Treasury securities for which such
yields are given, except that if the period from the redemption date to March 1, 2022 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.

 “Trustee” means the Person named as the “Trustee” in the first paragraph of this instrument until a successor
Trustee shall have become such pursuant to the applicable provisions of this Supplemental Indenture, and thereafter “Trustee” shall mean or include each Person who is then a Trustee hereunder, and if at any time there is more than one such
Person, “Trustee” as used with respect to the Notes shall mean the Trustee with respect to the Notes. 
 “Trust Indenture
Act” means the Trust Indenture Act of 1939, as amended by the Trust Indenture Reform Act of 1990, and as in force at the date as of which this Supplemental Indenture was executed, except as provided in Section 9.04. 

  
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 “United States” means the United States of America (including the states and the
District of Columbia), its territories, its possessions and other areas subject to its jurisdiction. 
 “Unrestricted
Subsidiary” means any Subsidiary of Suburban Propane (other than Finance Corp., the Operating Partnership or any successor to any of them) that is designated by the Board of Supervisors as an Unrestricted Subsidiary pursuant to a Board
Resolution, but only to the extent that such Subsidiary: 
 (1)    has no Indebtedness other than Non-Recourse Debt; 
 (2)    except as permitted by Section 10.12,
is not party to any agreement, contract, arrangement or understanding with Suburban Propane or any Restricted Subsidiary of Suburban Propane unless the terms of any such agreement, contract, arrangement or understanding are no less favorable to
Suburban Propane or such Restricted Subsidiary than those that might be obtained at the time from Persons who are not Affiliates of Suburban Propane; 

(3)    is a Person with respect to which neither Suburban Propane nor any of its Restricted Subsidiaries
has any direct or indirect obligation (a) to subscribe for additional Equity Interests or (b) to maintain or preserve such Person’s financial condition or to cause such Person to achieve any specified levels of operating results; and

 (4)    has not guaranteed or otherwise directly or indirectly provided credit support for any
Indebtedness of Suburban Propane or any of its Restricted Subsidiaries. 
 “U.S. Government Obligations” means securities
that are (i) direct obligations of the United States of America for the payment of which its full faith and credit is pledged or (ii) obligations of a Person controlled or supervised by and acting as an agency or instrumentality of the
United States of America the timely payment of which is unconditionally guaranteed as a full faith and credit obligation of the United States of America, which, in either case under clause (i) or (ii), are not callable or redeemable at the
option of the issuer thereof, and will also include a depository receipt issued by a bank or trust company as custodian with respect to any such U.S. Government Obligation or a specific payment of interest on or principal of any such
U.S. Government Obligation held by such custodian for the account of the holder of a depository receipt, provided that (except as required by law) such custodian is not authorized to make any deduction from the amount payable to the
holder of such depository receipt from any amount received by the custodian in respect of the U.S. Government Obligation or the specific payment of interest on or principal of the U.S. Government Obligation evidenced by such depository receipt. 

“Voting Stock” of any Person as of any date means the Capital Stock of such Person that is at the time entitled to vote in
the election of the Board of Supervisors of such Person. 

  
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 “Weighted Average Life to Maturity” means, when applied to any Indebtedness at
any date, the number of years obtained by dividing: 
 (1)    the sum of the products obtained by
multiplying (a) the amount of each then remaining installment, sinking fund, serial maturity or other required payments of principal, including payment at final maturity, in respect of the Indebtedness, by (b) the number of years
(calculated to the nearest one-twelfth) that will elapse between such date and the making of such payment; by 

(2)    the then outstanding principal amount of such Indebtedness. 

“Wholly Owned Restricted Subsidiary” means the Operating Partnership or any Subsidiary of Suburban Propane of which 100% of
the outstanding Capital Stock is owned by Suburban Propane or by one or more Wholly Owned Restricted Subsidiaries of Suburban Propane or by Suburban Propane and one or more Wholly Owned Restricted Subsidiaries of Suburban Propane. For purposes of
this definition, any directors’ qualifying shares or investments by foreign nationals mandated by applicable law shall be disregarded in determining the ownership of a Subsidiary. 

SECTION 2.02    Compliance Certificates and Opinions. 

(a)    Upon any application or request by the Issuers to the Trustee to take any action under any provision of this
Supplemental Indenture, the Issuers shall furnish to the Trustee an Officers’ Certificate stating that all conditions precedent, if any, provided for in this Supplemental Indenture relating to the proposed action have been complied with and an
Opinion of Counsel stating that in the opinion of such counsel all such conditions precedent, if any, have been complied with, except that in the case of any such application or request as to which the furnishing of such documents is specifically
required by any provision of this Supplemental Indenture relating to such particular application or request, no additional certificate or opinion need be furnished. 

(b)    Unless expressly otherwise specified with respect to any certificate or opinion provided for in this Supplemental
Indenture, every certificate or opinion with respect to compliance with a condition or covenant provided for in this Supplemental Indenture (other than annual certificates provided pursuant to Section 10.04) shall include: 

(i)    a statement that each individual signing such certificate or opinion has read such covenant or
condition and the definitions herein relating thereto; 
 (ii)    a brief statement as to the nature and
scope of the examination or investigation upon which the statements or opinions contained in such certificate or opinion are based; 

(iii)    a statement that, in the opinion of each such individual, he or she has made such examination or
investigation as is necessary to enable him or her to express an informed opinion as to whether or not such covenant or condition has been satisfied; and 

(iv)    a statement as to whether or not, in the opinion of each such individual, such condition or
covenant has been satisfied. 

  
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 SECTION 2.03    Form of Documents Delivered to Trustee. 

(a)    In any case where several matters are required to be certified by, or covered by an opinion of, any specified
Person, it is not necessary that all such matters be certified by, or covered by the opinion of, only one such Person, or that they be so certified or covered by only one document, but one such Person may certify or give an opinion with respect to
some matters and one or more other such Persons as to other matters, and any such Person may certify or give an opinion as to such matters in one or several documents. 

(b)    Any certificate or opinion of an officer of Suburban Propane on behalf of the Issuers may be based, insofar as it
relates to legal matters, upon a certificate or opinion of, or representations by, counsel, unless such officer knows, or in the exercise of reasonable care should know, that the certificate or opinion or representations with respect to the matters
upon which his certificate or opinion is based are erroneous. Any such certificate or Opinion of Counsel may be based, insofar as it relates to factual matters, upon a certificate or opinion of, or representations by, an officer or officers of
Suburban Propane on behalf of the Issuers stating that the information with respect to such factual matters is in the possession of Suburban Propane, unless such counsel knows, or in the exercise of reasonable care should know, that the certificate
or opinion or representations with respect to such matters are erroneous. 
 (c)    Where any Person is required to
make, give or execute two or more applications, requests, consents, certificates, statements, opinions or other instruments under this Supplemental Indenture, they may, but need not, be consolidated and form one instrument. 

SECTION 2.04    Acts of Holders. 

(a)    Any request, demand, authorization, direction, notice, consent, waiver or other action provided by this Supplemental
Indenture to be given or taken by Holders of Notes may be embodied in and evidenced by one or more instruments of substantially similar tenor signed by such Holders in person or by proxies duly appointed in writing. Except as herein otherwise
expressly provided, such action shall become effective when such instrument or instruments are delivered to the Trustee and, where it is hereby expressly required, to the Issuers. Such instrument or instruments (and the action embodied therein and
evidenced thereby) are herein sometimes referred to as the “Act” of the Holders signing such instrument or instruments. Proof of execution of any such instrument or of a writing appointing any such proxy shall be sufficient for any purpose
of this Supplemental Indenture and (subject to Section 6.01) conclusive in favor of the Trustee and the Issuers, if made in the manner provided in this Section. 

(b)    The fact and date of the execution by any Person of any such instrument or writing may be proved in any reasonable
manner which the Trustee deems sufficient. Where such execution is by a signer acting in a capacity other than his individual capacity, such certificate or affidavit shall also constitute sufficient proof of his authority. 

(c)    The principal amount and serial numbers of Notes held by any Person and the date of holding the same shall be
proved by the Note Register. 

  
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 (d)    Any request, demand, authorization, direction, notice, consent, waiver
or other Act of a Holder shall bind every future Holder of the same Note and the Holder of every Note issued upon the registration of transfer thereof or in exchange therefor or in lieu thereof in respect of anything done, omitted or suffered to be
done by the Trustee or the Issuers in reliance thereon, whether or not notation of such action is made upon such Note. 

(e)    If the Issuers shall solicit from the Holders of Notes any request, demand, authorization, direction, notice,
consent, waiver or other Act, the Issuers may, at their option, by or pursuant to a Board Resolution, fix in advance a record date for the determination of Holders entitled to give such request, demand, authorization, direction, notice, consent,
waiver or other Act, but the Issuers shall have no obligation to do so. If such a record date is fixed, such request, demand, authorization, direction, notice, consent, waiver or other Act may be given before or after such record date, but only the
Holders of record at the close of business on such record date shall be deemed to be Holders for the purposes of determining whether Holders of the requisite proportion of Outstanding Notes have authorized or agreed or consented to such request,
demand, authorization, direction, notice, consent, waiver or other Act, and for that purpose the Outstanding Notes shall be computed as of such record date; provided, that no such authorization, agreement or consent by the Holders on such
record date shall be deemed effective unless it shall become effective pursuant to the provisions of this Supplemental Indenture not later than six months after the record date. 

SECTION 2.05    Notices, Etc., to Trustee and the Issuers. Any request, demand, authorization, direction, notice,
consent, waiver or other Act of Holders or other document provided or permitted by this Supplemental Indenture to be made upon, given or furnished to, or filed with: 

(a)    the Trustee by any Holder or by the Issuers shall be made, given, furnished or filed in writing
(which may be via facsimile) to or with the Trustee at its Corporate Trust Office and unless otherwise herein expressly provided, any such document shall be deemed to be sufficiently made, given, furnished or filed upon its receipt by a Responsible
Trust Officer of the Trustee, or 
 (b)    Suburban Propane on behalf of the Issuers by the Trustee or by
any Holder shall be sufficient for every purpose hereunder (unless otherwise herein expressly provided) if in writing and delivered in person, mailed, first-class postage prepaid, or sent by overnight courier or, until such time as Suburban Propane
shall have notified the Trustee in writing that it shall no longer accept delivery of notice by telecopy, given by telecopy to Suburban Propane addressed to it at the address of its principal office specified in the first paragraph of this
instrument or at any other address previously furnished in writing to the Trustee by Suburban Propane, or at its telecopy number from time to time furnished in writing to the Trustee expressly for purposes of this Supplemental Indenture, Attention:
Legal Department. 
 The Trustee agrees to accept and act upon instructions or directions pursuant to this Supplemental Indenture sent by
unsecured e-mail, pdf, facsimile transmission or other similar unsecured electronic methods. If the Issuers elect to give the Trustee e-mail or facsimile instructions

  
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(or instructions by a similar electronic method) and the Trustee in its discretion elects to act upon such instructions, the Trustee’s understanding of such instructions shall be deemed
controlling in the absence of manifest error. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such instructions notwithstanding such
instructions conflict or are inconsistent with a subsequent written instruction. The Issuers agree to assume all risks arising out of the use of such electronic methods to submit instructions and directions to the Trustee, including without
limitation the risk of the Trustee acting on unauthorized instructions, and the risk of interception and misuse by third parties. 

Notwithstanding anything to the contrary contained herein, as long as the Notes are in global form, notice to the Holders may be made
electronically in accordance with procedures of DTC. 
 SECTION 2.06    Notice to Holders; Waiver. 

(a)    Where this Supplemental Indenture provides for notice to Holders of any event, such notice shall be sufficiently
given (unless otherwise herein expressly provided or unless otherwise specified in such Notes) if in writing and delivered in person, mailed, first-class postage prepaid, sent electronically or sent by overnight courier, to each Holder affected by
such event, at his address as it appears in the Note Register, within the time prescribed for the giving of such notice. 

(b)    In case by reason of the suspension of regular mail service or by reason of any other cause it shall be
impracticable to give such notice to Holders of Notes in the manner specified above, then such notification as shall be made with the approval of the Trustee shall constitute a sufficient notification for every purpose hereunder. 

(c)    In any case where notice to a Holder of Notes is given in any manner specified in paragraph (a) above, such
notice shall be conclusively presumed to have been duly given, whether or not such Holder receives such notice. In any case where notice to Holders of Notes is given in any manner specified in paragraph (a) above, neither the failure to
deliver, mail or send such notice, nor any defect in any notice so mailed or sent, to any particular Holder of a Note shall affect the sufficiency of such notice with respect to other Holders of Notes given as provided herein. 

(d)    Where this Supplemental Indenture provides for notice in any manner, such notice may be waived in writing by the
Person entitled to receive such notice, either before or after the event, and such waiver shall be the equivalent of such notice. Waivers of notice by Holders of Notes shall be filed with the Trustee, but such filing shall not be a condition
precedent to the validity of any action taken in reliance upon such waiver. 
 SECTION 2.07    Conflict with Trust
Indenture Act. If any provision hereof limits, qualifies or conflicts with the duties imposed by any of Sections 310 to 317, inclusive, of the Trust Indenture Act through operation of Section 318(c) thereof, such imposed duties shall
control. 

  
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 SECTION 2.08    Effect of Headings and Table of Contents. The Article
and Section headings herein and the Table of Contents are for convenience only and shall not affect the construction hereof. 
 SECTION
2.09    Successors and Assigns. All covenants and agreements in this Supplemental Indenture by the Issuers shall bind their respective successors and assigns, whether so expressed or not. 

SECTION 2.10    Separability Clause. In case any provision in this Supplemental Indenture or in the Notes 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. 

SECTION 2.11    Benefits of Supplemental Indenture. Nothing in this Supplemental Indenture or in the Notes, express
or implied, shall give to any Person, other than the parties hereto and their successors hereunder and the Holders, any benefit or any legal or equitable right, remedy or claim under this Supplemental Indenture. 

SECTION 2.12    Governing Law. THIS SUPPLEMENTAL INDENTURE AND THE NOTES SHALL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT GIVING EFFECT TO APPLICABLE PRINCIPLES OF CONFLICTS OF LAWS TO THE EXTENT THE LAWS OF ANOTHER JURISDICTION WOULD BE REQUIRED THEREBY. 

SECTION 2.13    Legal Holidays. Except as otherwise specified as contemplated by Section 3.11, in any case
where any Interest Payment Date, Redemption Date or Stated Maturity of any Note shall not be a Business Day at any Place of Payment, then (notwithstanding any other provision of this Supplemental Indenture or of such Note) payment of interest or
principal (and premium, if any) need not be made at such Place of Payment on such date, but may be made on the next succeeding Business Day at such Place of Payment with the same force and effect as if made on the Interest Payment Date or Redemption
Date, or at the Stated Maturity, as the case may be; provided, that no interest shall accrue for the period from and after such Interest Payment Date, Redemption Date or Stated Maturity, as the case may be, to the next succeeding Business Day
at such Place of Payment. 
 SECTION 2.14    Language of Notices, etc. Any request, demand, authorization,
direction, notice, consent or waiver required or permitted under this Supplemental Indenture shall be in the English language. 
 SECTION
2.15    Changes in Exhibits. At any time and from time to time, the Issuers may substitute a new form, or add new forms, of the Exhibits hereto. Such substitution shall be effective upon receipt by the Trustee of such new
form of Exhibit and a Board Resolution or Officers’ Certificate adopting such new form of Exhibit, and thereafter all references in this Supplemental Indenture to such Exhibit shall be deemed to refer to such new form of Exhibit. 

SECTION 2.16    Counterparts; Facsimile. THIS SUPPLEMENTAL INDENTURE MAY BE EXECUTED IN ANY NUMBER OF COUNTERPARTS
AND BY THE PARTIES HERETO IN SEPARATE COUNTERPARTS, AND SIGNATURE PAGES MAY BE 

  
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DELIVERED BY FACSIMILE OR ELECTRONIC TRANSMISSION, EACH OF WHICH WHEN SO EXECUTED SHALL BE DEEMED TO BE AN ORIGINAL AND ALL OF WHICH TAKEN TOGETHER SHALL CONSTITUTE ONE AND THE SAME AGREEMENT.

 SECTION 2.17    No Personal Liability of Limited Partners, Officers, Employees and Unitholders. No past,
present or future limited partner, officer, employee, incorporator, unitholder, stockholder or Affiliate of the Issuers, as such, will have any liability for any obligations of the Issuers under the Notes, this Supplemental Indenture or for any
claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The
waiver may not be effective to waive liabilities under the federal securities laws. 
 SECTION 2.18    Non-Recourse. The Issuers’ obligations under this Supplemental Indenture are payable only out of their cash flow and assets. The Issuers’ obligations under this Supplemental Indenture are non-recourse to (i) the limited partners of Suburban Propane, (ii) the Operating Partnership and its Subsidiaries and (iii) the General Partner, except as set forth in any supplemental indenture
hereto and Article XII. The Trustee has, and each Holder of a Note, by accepting a Note, is deemed to have, agreed in this Supplemental Indenture that the limited partners, the Operating Partnership and its Subsidiaries and the General Partner will
not be liable for any of the Issuers’ obligations under this Supplemental Indenture. 
 SECTION 2.19    Waiver
of Jury Trial. EACH OF THE ISSUERS AND THE TRUSTEE HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS SUPPLEMENTAL
INDENTURE, THE NOTES OR THE TRANSACTIONS CONTEMPLATED HEREBY. 
 SECTION 2.20    Force Majeure. In no event shall
the Trustee be responsible or liable for any failure or delay in the performance of its obligations hereunder arising out of or caused by, directly or indirectly, forces beyond its control, including, without limitation, strikes, work stoppages,
accidents, acts of war or terrorism, civil or military disturbances, nuclear or natural catastrophes or acts of God, and interruptions, loss or malfunctions of utilities, communications or computer (software and hardware) services; it being
understood that the Trustee shall use reasonable efforts which are consistent with accepted practices in the banking industry to resume performance as soon as practicable under the circumstances. 

SECTION 2.21    Foreign Account Tax Compliance Act (FATCA). The Issuers agree (i) to provide the Trustee with
such information as they have in their possession to the extent required to enable the Trustee to determine whether any payments pursuant to this Supplemental Indenture are subject to the withholding requirements described in Section 1471(b) of the
US Internal Revenue Code of 1986 (the “Code”) or otherwise imposed pursuant to Sections 1471 through 1474 of the Code and any regulations, or agreements thereunder or official interpretations thereof (“Applicable Law”), and
(ii) that the Trustee shall be entitled to make, and agrees to make, any withholding or deduction from payments under this Supplemental Indenture to the 

  
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extent necessary to comply with Applicable Law, for which the Trustee shall not have any liability (except as may be attributable to its gross negligence, willful misconduct or bad faith). Each
Holder of a Note, by acceptance of such Note, agrees to provide to the Trustee, any Paying Agent or an Issuer, upon its reasonable request, the Noteholder Tax Identification Information and, to the extent FATCA Withholding Tax is applicable, the
Noteholder FATCA Information. 
 ARTICLE III 

The Notes 
 SECTION
3.01    Form and Denomination. The Notes shall be entitled the “5.875% Senior Notes due 2027” in the aggregate principal amount equal to $350,000,000. The Notes shall be issuable in minimum denominations of
$2,000 and integral multiples of $1,000 in excess thereof. Notes shall be numbered, lettered or otherwise distinguished in such manner or in accordance with such plan as the officers of the Issuers executing the same may determine with the approval
of the Trustee. Each Note shall bear the appropriate legends, if any, as required by U.S. Federal tax law and regulations and shall be initially issuable in global form in the substantially the form provided in Exhibit A hereto. 

The Notes will mature on March 1, 2027. Interest on the Notes will accrue at the rate of 5.875% per annum and will be payable
semiannually in cash in arrears on each March 1 and September 1, commencing on September 1, 2017 in the case of the Initial Notes, to the Persons who are registered Holders of Notes at the close of business on February 15 and
August 15 (each, a “Regular Record Date”) immediately preceding the applicable Interest Payment Date. Interest on the Notes will accrue from the most recent date to which interest has been paid, or if no interest has been paid,
from and including the date of issuance to but excluding the actual Interest Payment Date. 
 SECTION
3.02    Execution, Delivery, Dating and Authentication. 
 (a)    The Notes shall be executed
on behalf of the Issuers by a manual or facsimile signature of at least one Officer of each of the Issuers. In case any of the above referenced Officers of the Issuers who shall have signed any of the Notes shall cease to be such officer before the
Notes so signed shall have been authenticated and delivered by the Trustee or disposed of by the Issuers, such Notes nevertheless may be authenticated and delivered or disposed of as though the person who signed such Notes had not ceased to be such
Officer; and any Notes may be signed on behalf of the Issuers by such persons as, at the actual date of the execution of such Note, shall be such Officers of the Issuers, although at the date of the execution of this Supplemental Indenture any such
person was not such Officer. 
 (b)    At any time and from time to time, the Issuers may deliver the Notes executed by
the Issuers to the Trustee for authentication, together with an Issuers’ Order for the authentication and delivery of such Notes, and the Trustee in accordance with the Issuers’ Order shall authenticate and make available for delivery such
Notes. 
 (c)    The Trustee shall not be required to authenticate Notes if the issue of such Notes pursuant to this
Supplemental Indenture will affect the Trustee’s own rights, duties or immunities under the Notes and this Supplemental Indenture or otherwise in a manner which is not reasonably acceptable to the Trustee, or if the Trustee determines that such
action may not lawfully be taken. 

  
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 (d)    Each Note shall be dated the date of its authentication. 

(e)    No Note shall be entitled to any benefit under this Supplemental Indenture or be valid or obligatory for any
purpose unless there appears on such Note a certificate of authentication substantially in the form provided for below executed by the Trustee by manual signature, and such certificate upon any Note shall be conclusive evidence, and the only
evidence, that such Note has been duly authenticated and delivered hereunder. Notwithstanding the foregoing, if any Note shall have been duly authenticated and delivered hereunder but never issued and sold by the Issuers, and the Issuers shall
deliver such Note to the Trustee for cancellation as provided in Section 3.08 together with a written statement (which need not be accompanied by an Opinion of Counsel) stating that such Note has never been issued and sold by the Issuers, for
all purposes of this Supplemental Indenture such Note shall be deemed never to have been authenticated and delivered hereunder and shall never be entitled to the benefits of this Supplemental Indenture. 

(f)    The Trustee’s certificate of authentication shall be in substantially the following form: 

Dated:                      

This is one of the Notes referred to in the within-mentioned Supplemental Indenture. 

 

			
	THE BANK OF NEW YORK MELLON,
	as Trustee
		
	      By:	 	  

		 	Authorized Signatory

 SECTION 3.03    Temporary Notes. 

(a)    Pending the preparation of definitive Notes, the Issuers may execute, and upon an Issuers’ Order the Trustee
shall authenticate and make available for delivery, temporary Notes which are printed, lithographed, typewritten, mimeographed or otherwise produced, in any authorized denomination, substantially of the tenor of the definitive Notes in lieu of which
they are issued, in registered form or, if authorized, in bearer form, and with such appropriate insertions, omissions, substitutions and other variations as the officers executing such Notes may determine (but which do not affect the rights, duties
or immunities of the Trustee), as evidenced conclusively by their execution of such Notes. Such temporary Notes may be in global form. 

(b)    Except in the case of temporary Notes in global form (which shall be exchanged in accordance with the provisions of
the following paragraphs), if temporary Notes are issued, the Issuers will cause definitive Notes to be prepared without unreasonable delay. After the preparation of definitive Notes, the temporary Notes shall be exchangeable for definitive Notes
upon surrender of the temporary Notes at the office or agency of the Issuers maintained pursuant to Section 10.02 in a Place of Payment for the purpose of exchanges of Notes, without charge to 

  
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the Holder. Upon surrender for cancellation of any one or more temporary Notes, the Issuers shall execute and the Trustee shall authenticate and make available for delivery in exchange therefor a
like aggregate principal amount of definitive Notes and of like tenor or authorized denominations. 
 (c)    Without
unnecessary delay but in any event not later than the date specified in, or determined pursuant to the terms of, any such temporary global Note (the “Exchange Date”), the Issuers shall deliver to the Trustee definitive Notes, in
aggregate principal amount equal to the principal amount of such temporary global Note, executed by the Issuers. On or after the Exchange Date such temporary global Note shall be surrendered by the common depositary for the benefit of Euroclear and
Clearstream, Luxembourg to the Trustee, as the Issuers’ agent for such purpose, to be exchanged, in whole or from time to time in part, for definitive Notes without charge and the Trustee shall authenticate and make available for delivery, in
exchange for each portion of such temporary global Note, an equal aggregate principal amount of definitive Notes of authorized denominations and of like tenor as the portion of such temporary global Note to be exchanged. The definitive Notes to be
delivered in exchange for any such temporary global Note shall be in bearer form, registered form, definitive global form or any combination thereof, as may be specified by Section 3.11, and, if any combination thereof is so specified, as
requested by the beneficial owner thereof. 
 SECTION 3.04    Registration, Registration of Transfer and
Exchange. 
 (a)    The Issuers shall cause to be kept at an office or agency to be maintained by the Issuers in
accordance with Section 10.02 a register (being the combined register of the Note Registrar and all additional transfer agents designated pursuant to Section 10.02 for the purpose of registration of transfer of Notes and sometimes
collectively referred to as the “Note Register”) in which, subject to such reasonable regulations as it may prescribe, the Issuers shall provide for the registration of Notes and the registration of transfers of Notes. The Bank of
New York Mellon is hereby appointed the initial Note Registrar, with the Note Register initially to be kept at 101 Barclay Street, Floor 8 West, New York, New York 10286. At all reasonable times each register maintained by the Note Registrar and any
additional transfer agents shall be open for inspection by the Trustee. 
 (b)    Upon surrender for registration of
transfer of any Note at the office or agency of the Issuers maintained pursuant to Section 10.02 for such purpose in a Place of Payment for such series, the Issuers shall execute, and the Trustee shall authenticate and make available for
delivery, in the name of the designated transferee or transferees, one or more new Notes of any authorized denominations and of a like aggregate principal amount and tenor. 

(c)    At the option of the Holder, Notes may be exchanged for other Notes of any authorized denominations and of a like
aggregate principal amount and tenor, upon surrender of the Notes to be exchanged at any such office or agency. Whenever any Notes are so surrendered for exchange the Issuers shall execute, and the Trustee shall authenticate and make available for
delivery, the Notes which the Holder making the exchange is entitled to receive. 
 (d)    All Notes issued upon any
registration of transfer or exchange of Notes shall be the valid obligations of the Issuers, evidencing the same debt, and entitled to the same benefits under this Supplemental Indenture, as the Notes surrendered upon such registration of transfer
or exchange. 

  
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 (e)    Every Note presented or surrendered for registration of transfer or
for exchange shall (if so required by the Issuers or the Trustee or any transfer agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Issuers and the Note Registrar or any transfer agent duly
executed, by the Holder thereof or his attorney duly authorized in writing. 
 (f)    No service charge shall be made
for any registration of transfer or exchange of Notes, but the Issuers may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Notes,
other than exchanges pursuant to Section 3.03, 9.05 or 11.07 not involving any transfer. 
 (g)    The Issuers
shall not be required (i) to issue, register the transfer of or exchange Notes during a period beginning at the opening of business 15 Business Days before any selection of Notes to be redeemed and ending at the close of business on the
day of the mailing of the relevant notice of redemption, or (ii) to register the transfer of or exchange any Note so selected for redemption, in whole or in part, except the unredeemed portion of any Note being redeemed in part. 

(h)    The Trustee shall have no obligation or duty to monitor, determine or inquire as to compliance with any
restrictions on transfer imposed under this Supplemental Indenture or under applicable law with respect to any transfer of any interest in any Note (including any transfers between or among beneficial owners of interests in any global Note) other
than to require delivery of such certificates and other documentation or evidence as are expressly required by, and to do so if and when expressly required by the terms of, this Supplemental Indenture, and to examine the same to determine
substantial compliance as to form with the express requirements hereof. 
 (i)    The Issuers initially appoint DTC to
act as Depositary with respect to the Notes. 
 SECTION 3.05    Mutilated, Destroyed, Lost and Stolen Notes. 

(a)    If any mutilated Note is surrendered to the Trustee, the Issuers shall execute and the Trustee shall authenticate
and make available for delivery in exchange therefor a new Note of the same series and of like tenor and principal amount and bearing a number not contemporaneously outstanding. 

(b)    If there shall be delivered to the Issuers and the Trustee (i) evidence to their satisfaction of the
destruction, loss or theft of any Note and (ii) such security or indemnity as may be required by them to save each of them and any agent of either of them harmless, then, in the absence of notice to the Issuers or the Trustee that such Note has
been acquired by a protected purchaser, the Issuers shall execute and the Trustee shall authenticate and make available for delivery, in lieu of any such destroyed, lost or stolen Note, a new Note of the same series and of like tenor and principal
amount and bearing a number not contemporaneously outstanding. 

  
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 (c)    In case any such mutilated, destroyed, lost or stolen Note has become
or is about to become due and payable, the Issuers in its discretion may, instead of issuing a new Note, pay such Note. 

(d)    Upon the issuance of any new Note under this Section, the Issuers may require the payment of a sum sufficient to
cover any tax or other governmental charge that may be imposed in relation thereto and any other expenses (including the fees and expenses of the Trustee) connected therewith. 

(e)    Every new Note issued pursuant to this Section in lieu of any mutilated, destroyed, lost or stolen Note shall
constitute an original additional contractual obligation of the Issuers, whether or not the mutilated, destroyed, lost or stolen Note shall be at any time enforceable by anyone, and shall be entitled to all the benefits of this Supplemental
Indenture equally and proportionately with any and all other Notes duly issued hereunder. 
 (f)    The provisions of
this Section are exclusive and shall preclude (to the extent lawful) all other rights and remedies with respect to the replacement or payment of mutilated, destroyed, lost or stolen Notes. 

SECTION 3.06    Payment of Interest; Interest Rights Preserved. 

(a)    Interest on any Note which is payable, and is punctually paid or duly provided for, on any Interest Payment Date
shall be paid to the Person in whose name that Note (or one or more Predecessor Notes) is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Paying Agent maintained for such purpose within
the City and State of New York, or, if a Holder of Notes has given wire transfer instructions to the Issuers, payment of principal, premium (if any) and interest may be made in accordance with those instructions (the “Place of
Payment”); provided, that payment by wire transfer of immediately available funds will be required with respect to principal, premium (if any) and interest on all Notes the Holders of which will have provided wire transfer
instructions to the Issuers or the Paying Agent; provided, further, that payment on Notes held in the form of global certificates will be made by wire transfer to DTC. Such payment will be 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. 
 (b)    Any interest on
any Note which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by
virtue of having been such Holder, and such Defaulted Interest may be paid by the Issuers, at its election in each case, as provided in clause (i) or (ii) below: 

(i)    The Issuers may elect to make payment of any Defaulted Interest to the Persons in whose names the
Notes (or their respective Predecessor Notes) are registered at the close of business on a “Special Record Date” for the payment of such Defaulted Interest, which shall be fixed in the following manner. The Issuers shall notify the Trustee
in writing of the amount of Defaulted Interest proposed to be paid on each Note and the date of the proposed payment, and at the same time the Issuers shall deposit with the 

  
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Trustee an amount of money equal to the aggregate amount proposed to be paid in respect of such Defaulted Interest or shall make arrangements satisfactory to the Trustee for such deposit prior to
the date of the proposed payment, such money when deposited to be held in trust for the benefit of the Persons entitled to such Defaulted Interest as in this Clause provided. Thereupon the Trustee shall fix a Special Record Date for the payment of
such Defaulted Interest which shall be not more than 15 days and not less than 10 days prior to the date of the proposed payment and not less than 10 days after the receipt by the Trustee of the notice of the proposed payment. The Trustee shall
promptly notify the Issuers of such Special Record Date and, in the name and at the expense of the Issuers, shall cause notice of the proposed payment of such Defaulted Interest and the Special Record Date therefor to be mailed, first-class postage
prepaid, to each Holder of Notes at his address as it appears in the Note Register, not less than 10 days prior to such Special Record Date. Notice of the proposed payment of such Defaulted Interest and the Special Record Date therefor having been
so mailed, such Defaulted Interest shall be paid to the Persons in whose names the Notes (or their respective Predecessor Notes) are registered at the close of business on such Special Record Date and shall no longer be payable pursuant to the
following clause (ii). 
 (ii)    The Issuers may make payment of any Defaulted Interest on the Notes in
any other lawful manner not inconsistent with the requirements of any securities exchange on which such Notes may be listed, and upon such notice as may be required by such exchange, if, after notice given by the Issuers to the Trustee of the
proposed payment pursuant to this clause, such manner of payment shall be deemed practicable by the Trustee. 
 Subject to the foregoing
provisions of this Section and Section 3.04, each Note delivered under this Supplemental Indenture upon registration of transfer of or in exchange for or in lieu of any other Note shall carry the rights to interest accrued and unpaid, and
to accrue, which were carried by such other Note. 
 SECTION 3.07    Persons Deemed Owners. Prior to due
presentment of a Note for registration of transfer, the Issuers, the Trustee and any agent of the Issuers or the Trustee may treat the Person in whose name such Note is registered as the owner of such Note for the purpose of receiving payment of
principal of (and premium, if any) and (subject to Sections 3.04, 3.06 and 3.10 and unless otherwise specified as contemplated by Section 3.11) interest on such Note and for all other purposes whatsoever, whether or not such Note is overdue,
and neither the Issuers, the Trustee nor any agent of the Issuers or the Trustee shall be affected by notice to the contrary. 
 SECTION
3.08    Cancellation. All Notes surrendered for payment, redemption, registration of transfer or exchange or for credit against any sinking fund payment shall, if surrendered to any Person other than the Trustee, be
delivered to the Trustee. All Notes so delivered shall be promptly cancelled by the Trustee. The Issuers may at any time deliver to the Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuers may have
acquired in any manner whatsoever, and may deliver to the Trustee (or to any other Person for delivery to the Trustee) for cancellation any Notes previously authenticated hereunder which the Issuers have not issued and sold, and all Notes so
delivered to the Trustee shall be 

  
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promptly cancelled by the Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this
Supplemental Indenture. All cancelled Notes held by the Trustee shall be disposed of in a manner selected by the Trustee unless otherwise directed by an Issuers’ Order; provided, however, that the Trustee may, but shall not be
required to, destroy such cancelled Notes. 
 SECTION 3.09    Computation of Interest. Except as otherwise
specified as contemplated by Section 3.11 for the Notes, interest on the Notes shall be computed on the basis of a 360-day year of twelve 30-day months. 

SECTION 3.10    Notes in Global Form. 

(a)    If Notes are issuable in global form, as contemplated by Section 3.01, such Note shall represent such of the
Outstanding Notes as shall be specified therein and may provide that it shall represent the aggregate amount of Outstanding Notes from time to time endorsed thereon and that the aggregate amount of Outstanding Notes represented thereby may from time
to time be reduced or increased to reflect exchanges. Any endorsement of a Note in global form to reflect the amount, or any increase or decrease in the amount, of Outstanding Notes represented thereby shall be made by the Trustee in such manner and
upon instructions given by such Person or Persons as shall be specified therein or in the Issuers’ Order to be delivered to the Trustee pursuant to Section 3.02 or Section 3.03. Subject to the provisions of Section 3.02 and, if
applicable, Section 3.03, the Trustee shall deliver and redeliver any Note in definitive global bearer form in the manner and upon written instructions given by the Person or Persons specified therein or in the applicable Issuers’ Order.
If Issuers’ Order pursuant to Section 3.02 or 3.03 has been, or simultaneously is, delivered, any instructions by the Issuers with respect to endorsement or delivery or redelivery of a Note in global form shall be in writing but need not
comply with Section 2.02 and need not be accompanied by an Opinion of Counsel. 
 (b)    The provisions of the last
sentence of Section 3.02(e) shall apply to any Note represented by a Note in global form if such Note was never issued and sold by the Issuers and the Issuers deliver to the Trustee the Note in global form together with written instructions
(which need not comply with Section 2.02 and need not be accompanied by an Opinion of Counsel) with regard to the reduction in the principal amount of Notes represented thereby, together with the written statement contemplated by the last
sentence of Section 3.02(e). 
 (c)    Notwithstanding the provisions of Section 3.06, unless otherwise
specified as contemplated by Section 3.11, payment of principal of and any premium and any interest on any Note in definitive global form shall be made to the Person or Persons specified therein. 

(d)    Notwithstanding the provisions of Section 3.07 and except as provided in the preceding paragraph, the Issuers,
and any agent of the Issuers may, and the Trustee and any agent of the Trustee, at the direction of the Issuers, may treat a Person as the Holder of such principal amount of Outstanding Notes represented by a definitive global Note as shall be
specified in a written statement of the Holder of such definitive global Note or, in the case of a definitive global Note in bearer form, of Euroclear or Clearstream, Luxembourg which is produced to the Trustee by such Person; provided,
however, that none of the Issuers, the Trustee, the Note Registrar or any Paying Agent shall have any responsibility or liability for any aspect of the records relating to or payments made on account of beneficial ownership interests in a
Note in global form or for maintaining, supervising or reviewing any records relating to such beneficial ownership interests. 

  
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 SECTION 3.11    Documents Required for Issuance of Notes. The Notes
created pursuant to the provisions of this Article III and this Supplemental Indenture shall be executed by the Issuers and delivered to the Trustee and shall be authenticated by the Trustee and delivered to, or upon the order of Suburban Propane on
behalf of the Issuers upon receipt by the Trustee of the following: 
 (a)    A Board Resolution or Board
Resolutions authorizing the execution, authentication and delivery of the Notes, and specifying the terms and conditions of the Notes. If any of the terms of the Notes are established by action taken pursuant to a Board Resolution or Board
Resolutions, an Officers’ Certificate certifying as to such action also shall be delivered to the Trustee. 

(b)    A Board Resolution or Board Resolutions authorizing this Supplemental Indenture in respect of the
Notes and designating the new series to be created and prescribing pursuant to paragraph (a) above, consistent with the applicable provisions of this Supplemental Indenture, the terms and provisions relating to the Notes. 

(c)    Either (i) a certificate or other official document evidencing the due authorization, approval
or consent of any governmental body or bodies, at the time having jurisdiction in the premises, together with an Opinion of Counsel that the Trustee is entitled to rely thereon and that the authorization, approval or consent of no other governmental
body is required, or (ii) an Opinion of Counsel that no authorization, approval or consent of any governmental body is required. 

(d)    An Opinion of Counsel which shall state that: (i) the form of the Notes has been established by
this Supplemental Indenture or by or pursuant to a resolution of the Board of Directors in accordance with Sections 3.01 and 3.11 and in conformity with the provisions of this Supplemental Indenture; (ii) the terms of the Notes have been
established in accordance with Section 3.01 and in conformity with the other provisions of this Supplemental Indenture; and (iii) the Notes, when authenticated and delivered by the Trustee and issued by the Issuers in the manner and
subject to any conditions specified in such Opinion of Counsel, will constitute valid and legally binding obligations of the Issuers, enforceable against the Issuers in accordance with their terms, subject to applicable bankruptcy, insolvency,
fraudulent transfer, reorganization, moratorium and other laws of general applicability relating to or affecting the enforcement of creditors’ rights generally from time to time in effect, the enforceability of the Issuers’ obligations
also being subject to general equity principles (regardless of whether such enforceability is considered in a proceeding in equity or at law). 

(e)    An Officers’ Certificate stating that the Issuers are not in default under this Supplemental
Indenture and that the issuance of the Notes will not result in any breach of any of the terms, conditions or provisions of, or constitute a default under, the Issuers’ constitutional documents or any indenture, mortgage, deed of trust or other
agreement or 

  
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instrument to which any Issuer is a party or by which it is bound, or any order of any court or administrative agency entered in any proceeding to which any Issuer is a party or by which it may
be bound or to which it may be subject; and that all conditions precedent provided in this Supplemental Indenture relating to the authentication and delivery of the Notes have been complied with. 

(f)    Such other documents as the Trustee may reasonably require. 

SECTION 3.12    CUSIP Numbers. The Issuers in issuing the Notes may use “CUSIP” numbers (if then
generally in use), and, if so, the Trustee shall use “CUSIP” numbers in notices of redemption as a convenience to Holders; provided, that any such notice may state that no representation is made as to the correctness of such numbers
either as printed on the Notes or as contained in any notice of a redemption and that reliance may be placed only on the other identification numbers printed on the Notes, and any such redemption shall not be affected by any defect in or omission of
such numbers. The Issuers will promptly notify the Trustee in writing of any change in the “CUSIP” numbers. 
 ARTICLE IV

 Satisfaction and Discharge 

SECTION 4.01    Satisfaction and Discharge of Supplemental Indenture in Respect of the Notes. This Supplemental
Indenture shall upon Issuers’ Request cease to be of further effect with respect to the Notes (except as to any surviving rights of (as applicable) registration of transfer or exchange of the Notes herein expressly provided for), and the
Trustee, at the request and expense of the Issuers, shall execute proper instruments acknowledging satisfaction and discharge of this Supplemental Indenture with respect to the Notes, when: 

(a)    Either: 

(i)    all Notes that have been authenticated, except lost, stolen or destroyed Notes that have been
replaced or paid and Notes for whose payment money has been deposited in trust and thereafter repaid to the Issuers, have been delivered to the Trustee for cancellation; or 

(ii)    all Notes that have not been delivered to the Trustee for cancellation have become due and payable
by reason of the delivering of a notice of redemption or otherwise or will become due and payable within one year, or are to be called for redemption within one year under arrangements reasonably satisfactory to the Trustee for the giving of notice
of redemption by the Trustee in the name, and at the expense, of the Issuers, and the Issuers have irrevocably deposited or caused to be deposited with the Trustee as trust funds in trust solely for the benefit of the Holders, cash in U.S. dollars, non-callable Government Securities, or a combination of cash in U.S. dollars and non-callable Government Securities, in amounts as will be sufficient, without consideration of
any reinvestment of interest, to pay and discharge the entire indebtedness on the Notes not delivered to the Trustee for cancellation for principal, premium (if any) and accrued interest to the date of maturity or redemption; 

  
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 (b)    no Default or Event of Default has occurred and is
continuing on the date of the deposit (other than a Default or Event of Default resulting from the borrowing of funds to be applied to such deposit) and the deposit will not result in a breach or violation of, or constitute a default under, any
other instrument to which the Issuers are a party or by which the Issuers are bound; 
 (c)    the
Issuers have paid or caused to be paid all sums payable by them under this Supplemental Indenture; 

(d)    the Issuers have delivered irrevocable instructions to the Trustee under this Supplemental Indenture
to apply the deposited money toward the payment of the Notes at maturity or the redemption date, as the case may be; and 

(e)    the Issuers have delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel,
each stating that all conditions precedent herein provided for relating to the satisfaction and discharge of this Supplemental Indenture with respect to the Notes have been complied with. 

Notwithstanding the satisfaction and discharge of this Supplemental Indenture with respect to the Notes, the obligations of the Issuers to the
Trustee under Section 6.07, the obligations of the Trustee to any Authenticating Agent under Section 6.13 and, if money shall have been deposited with the Trustee pursuant to subclause (ii) of clause (a) of this Section, the
obligations of the Trustee under Section 4.02 and Section 13.05 shall survive. 
 SECTION
4.02    Application of Trust Money. Subject to the provisions of Section 13.05 hereof, all money deposited with the Trustee pursuant to Section 4.01 hereof shall be held in trust and applied by it, in accordance
with the provisions of the Notes and this Supplemental Indenture, to the payment, either directly or through any Paying Agent (including Suburban Propane acting as its own Paying Agent) as the Trustee may determine, to the Persons entitled thereto,
of the principal (and premium, if any) and interest for whose payment such money has been deposited with the Trustee; but such money need not be segregated from other funds except to the extent required by law. 

If the Trustee or Paying Agent is unable to apply any money or Government Securities in accordance with Section 4.01 hereof by reason of
any legal proceeding or by reason of any order or judgment of any court or governmental authority enjoining, restraining or otherwise prohibiting such application, the Issuers’ and any Guarantor’s obligations under this Supplemental
Indenture and the Notes shall be revived and reinstated pursuant to Section 4.03 hereof as though no deposit had occurred pursuant to Section 4.01 hereof; provided, that if Suburban Propane has made any payment of principal of,
premium, if any, or interest on any Notes because of the reinstatement of its obligations, Suburban Propane shall be subrogated to the rights of the Holders of such Notes to receive such payment from the money or Government Securities held by the
Trustee or Paying Agent. 
 Subject to the provisions of Section 13.06, all money deposited with the Trustee pursuant to Sections 4.01
and 4.03 (and all money received as payment in connection with U.S. Government Obligations deposited pursuant to Section 4.03) shall be held in trust and applied by it, in 

  
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accordance with the provisions of the Notes and this Supplemental Indenture, to the payment, either directly or through any Paying Agent (including the Issuers acting as their own Paying Agent)
as the Trustee may determine, to the Persons entitled thereto, of the principal (and premium, if any) and interest, if any, for whose payment such money has been deposited with the Trustee. 

The Issuers shall pay and indemnify the Trustee against any tax, fee or other charge imposed on or assessed against the U.S. Government
Obligations deposited pursuant to Section 4.01 or the principal and interest received in respect thereof other than any such tax, fee or other charge which by law is for the account of the Holders of the Notes. 

SECTION 4.03    Reinstatement. If the Trustee is unable to apply any money or U.S. Government Obligations in
accordance with Section 4.01 by reason of any legal proceeding or by reason of any order or judgment of any court or governmental authority enjoining, restraining or otherwise prohibiting such application, the Issuers’ obligations under
this Supplemental Indenture and the Notes shall be revived and reinstated as though no deposit had occurred pursuant to Section 4.01 until such time as the Trustee is permitted to apply all such money or U.S. Government Obligations in
accordance with Section 4.02; provided, however, that if the Issuers have made any payment of interest on or principal of (and premium, if any) on any Notes because of the reinstatement of its obligations, the Issuers shall be
subrogated to the rights of the Holders of such Notes to receive such payment from the money or U.S. Government Obligations held by the Trustee. 

ARTICLE V 
 Defaults
and Remedies 
 SECTION 5.01    Events of Default. Each of the following is an “Event of
Default” with respect to the Notes: 
 (a)    default for 30 days in the payment when due of
interest on the Notes; 
 (b)    default in payment when due of the principal of, or premium, if any, on
the Notes; 
 (c)    failure by Suburban Propane for 90 days after notice to comply with the provisions
under Section 10.03 hereof; 
 (d)    failure by Suburban Propane or any of its Restricted
Subsidiaries to comply with any other term, covenant or agreement contained in the Notes or this Supplemental Indenture, other than a default specified in either clause (a), (b) or (c) above, and the default continues for a period of 60 days
after written notice of default requiring the Issuers to remedy the same is given to Suburban Propane by the Trustee or by Holders of 25% in aggregate principal amount of the Notes then outstanding; 

(e)    the failure to pay at final maturity (giving effect to any applicable grace periods and any
extension thereof) the stated principal amount of any Indebtedness of Suburban Propane or any Restricted Subsidiary of Suburban Propane, or the acceleration 

  
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of the final stated maturity of any such Indebtedness if the aggregate principal amount of such Indebtedness, together with the principal amount of any other such Indebtedness in default for
failure to pay principal at final stated maturity or which has been accelerated, aggregates $30.0 million or more at any time; 

(f)    a final judgment or judgments, which is or are
non-appealable and non-reviewable or which has or have not been stayed pending appeal or review or as to which all rights to appeal or review have expired or been
exhausted, shall be rendered against Suburban Propane or any of its Restricted Subsidiaries; provided, such judgment or judgments requires or require the payment of money in excess of $30.0 million in the aggregate and is not covered by
insurance or discharged or stayed pending appeal or review within 60 days after entry of such judgment; 

(g)    Suburban Propane, Finance Corp. or any Significant Subsidiary of Suburban Propane pursuant to or
within the meaning of Bankruptcy Law: 
 (i)    commences a voluntary case; 

(ii)    consents to the entry of an order for relief against it in an involuntary case; 

(iii)    consents to the appointment of a custodian of it or for all or substantially all of its property;

 (iv)    makes a general assignment for the benefit of its creditors; or 

(v)    generally is not paying its debts as they become due; or 

(h)    a court of competent jurisdiction enters an order or decree under any Bankruptcy Law that: 

(i)    is for relief against Suburban Propane, Finance Corp. or any Significant Subsidiary of Suburban
Propane in an involuntary case; 
 (ii)    appoints a custodian of Suburban Propane, Finance Corp. or any
Significant Subsidiary of Suburban Propane or for all or substantially all of the property of Suburban Propane, Finance Corp. or any Significant Subsidiary of Suburban Propane; or 

(iii)    orders the liquidation of Suburban Propane, Finance Corp. or any Significant Subsidiary of
Suburban Propane; 
 and the order or decree remains unstayed and in effect for 60 consecutive days. 

SECTION 5.02    Acceleration. 

(a)    In the case of an Event of Default specified in clause (g) or (h) of Section 5.01 hereof, with respect to
Suburban Propane, Finance Corp. or any Significant Subsidiary of Suburban 

  
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Propane, all Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in
principal amount of the Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. 

(b)    The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the
Trustee may, on behalf of all the Holders, rescind an acceleration or waive any existing Default or Event of Default and its consequences, except a Continuing Default or Event of Default in the payment of interest on, or principal of, the Notes:

 (i)    if the rescission would not conflict with any judgment or decree; 

(ii)    if all existing Events of Default (except nonpayment of principal, interest or premium, if any,
that has become due solely because of the acceleration) have been cured or waived; 
 (iii)    to the
extent the payment of such interest is lawful, if interest on overdue installments of interest and overdue principal that has become due otherwise than by such declaration of acceleration has been paid; 

(iv)    if the Issuers have paid the Trustee its reasonable compensation and reimbursed the Trustee for its
expenses, disbursements and advances; and 
 (v)    in the event of the cure or waiver of an Event of
Default of the type described in clause (g) or (h) of Section 5.01 hereof, if the Trustee shall have received an Officers’ Certificate stating that such Event of Default has been cured or waived. 

No such rescission shall affect any subsequent Default or impair any right consequent thereto. 

SECTION 5.03    Other Remedies. If an Event of Default occurs and is continuing, the Trustee may pursue any
available remedy to collect the payment of principal, premium (if any) and interest on the Notes or to enforce the performance of any provision of the Notes or this Supplemental Indenture. 

The Trustee may maintain a proceeding even if it does not possess any of the Notes or does not produce any of them in the proceeding. A delay
or omission by the Trustee or any Holder of a Note in exercising any right or remedy accruing upon an Event of Default shall not impair the right or remedy or constitute a waiver of or acquiescence in the Event of Default. All remedies are
cumulative to the extent permitted by law. 
 SECTION 5.04    Waiver of Past Defaults. Holders of not less than a
majority in aggregate principal amount of the then outstanding Notes by notice to the Trustee may, on behalf of the Holders of all of the Notes, waive an existing Default or Event of Default and its consequences hereunder, except a continuing
Default or Event of Default in the payment of the principal of, premium or interest on, the Notes (including in connection with an offer to purchase); provided, however, that the Holders of a majority in aggregate principal amount of
the then outstanding 

  
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Notes may rescind an acceleration and its consequences, including any related payment default that resulted from such acceleration. Upon any such waiver, such Default shall cease to exist, and
any Event of Default arising therefrom shall be deemed to have been cured for every purpose of this Supplemental Indenture; but no such waiver shall extend to any subsequent or other Default or impair any right consequent thereon. 

SECTION 5.05    Control by Majority. Holders of a majority in principal amount of the then outstanding Notes may
direct the time, method and place of conducting any proceeding for exercising any remedy available to the Trustee or exercising any trust or power conferred on it. However, the Trustee may refuse to follow any direction that conflicts with law or
this Supplemental Indenture that the Trustee determines may be unduly prejudicial to the rights of other Holders of Notes or that may involve the Trustee in personal liability. 

SECTION 5.06    Limitation on Suits. Except to enforce the right to receive payment of principal, premium (if any)
or interest when due, no Holder may pursue any remedy with respect to this Supplemental Indenture or the Notes unless: 

(a)    the Holder of a Note has previously given to the Trustee written notice that an Event of Default is
continuing; 
 (b)    Holders of at least 25% in aggregate principal amount of the Notes have requested
the Trustee to pursue the remedy; 
 (c)    such Holder or Holders offer and, if requested, provide to
the Trustee security or indemnity satisfactory to the Trustee against any loss, liability or expense; 

(d)    the Trustee has not complied with such request within 60 days after receipt thereof and the offer of
security or indemnity; and 
 (e)    the Holders of a majority in aggregate principal amount of the Notes
have not given the Trustee a direction inconsistent with such request during such 60-day period. 

A Holder of a Note may not use this Supplemental Indenture to prejudice the rights of another Holder of a Note or to obtain a preference or
priority over another Holder of a Note (it being understood that the Trustee does not have an affirmative duty to ascertain whether or not an action or forbearance by a Holder of a Note is unduly prejudicial to the rights of another Holder of a
Note). 
 SECTION 5.07    Rights of Holders of Notes to Receive Payment. Notwithstanding any other provision of
this Supplemental Indenture, the right of any Holder of a Note to receive payment of principal, premium (if any) and interest on the Note, on or after the respective due dates expressed in the Note (including in connection with an offer to
purchase), or to bring suit for the enforcement of any such payment on or after such respective dates, shall not be impaired or affected without the consent of such Holder. 

  
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 SECTION 5.08    Collection Suit by Trustee. If an Event of Default
specified in Section 5.01(a) or (b) occurs and is continuing, the Trustee is authorized to recover judgment in its own name and as trustee of an express trust against Suburban Propane for the whole amount of principal of, premium and
interest remaining unpaid on the Notes and interest on overdue principal and, to the extent lawful, interest and such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation,
expenses, disbursements and advances of the Trustee, its agents and counsel. 
 SECTION 5.09    Trustee May File
Proofs of Claim. The Trustee is authorized to file such proofs of claim and other papers or documents as may be necessary or advisable in order to have the claims of the Trustee (including any claim for the reasonable compensation, expenses,
disbursements and advances of the Trustee, its agents and counsel) and the Holders of the Notes allowed in any judicial proceedings relative to Suburban Propane (or any other obligor upon the Notes), its creditors or its property and shall be
entitled and empowered to collect, receive and distribute any money or other property payable or deliverable on any such claims and any custodian in any such judicial proceeding is hereby authorized by each Holder to make such payments to the
Trustee, and in the event that the Trustee shall consent to the making of such payments directly to the Holders, to pay to the Trustee any amount due to it for the reasonable compensation, expenses, disbursements and advances of the Trustee, its
agents and counsel, and any other amounts due the Trustee under Section 6.07 hereof. To the extent that the payment of any such compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, and any other amounts due
the Trustee under Section 6.07 hereof out of the estate in any such proceeding, shall be denied for any reason, payment of the same shall be secured by a Lien on, and shall be paid out of, any and all distributions, dividends, money, securities
and other properties that the Holders may be entitled to receive in such proceeding whether in liquidation or under any plan of reorganization or arrangement or otherwise. Nothing herein contained shall be deemed to authorize the Trustee to
authorize or consent to or accept or adopt on behalf of any Holder any plan of reorganization, arrangement, adjustment or composition affecting the Notes or the rights of any Holder, or to authorize the Trustee to vote in respect of the claim of any
Holder in any such proceeding. 
 SECTION 5.10    Priorities. If the Trustee collects any money pursuant to this
Article V, it shall pay out the money in the following order: 
 First: to the Trustee, its agents and attorneys for amounts
due under Section 6.07 hereof, including payment of all compensation, expenses and liabilities incurred, and all advances made, by the Trustee and the costs and expenses of collection; 

Second: to Holders of Notes for amounts due and unpaid on the Notes for principal, premium (if any) and interest, ratably,
without preference or priority of any kind, according to the amounts due and payable on the Notes for principal, premium (if any) and interest, respectively; and 

Third: to Suburban Propane or to such party as a court of competent jurisdiction shall direct. 

  
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 The Trustee may fix a record date and payment date for any payment to Holders of Notes pursuant
to this Section 5.10. 
 SECTION 5.11    Undertaking for Costs. In any suit for the enforcement of any right
or remedy under this Supplemental Indenture or in any suit against the Trustee for any action taken or omitted by it as a Trustee, a court in its discretion may require the filing by any party litigant in the suit of an undertaking to pay the costs
of the suit, and the court in its discretion may assess reasonable costs, including reasonable attorneys’ fees and expenses, against any party litigant in the suit, having due regard to the merits and good faith of the claims or defenses made
by the party litigant. This Section 5.11 does not apply to a suit by the Trustee, a suit by a Holder of a Note pursuant to Section 5.07 hereof, or a suit by Holders of more than 10% in principal amount of the then outstanding Notes. 

ARTICLE VI 
 The
Trustee 
 SECTION 6.01    Certain Duties and Responsibilities. 

(a)    Except during the continuance of an Event of Default, 

(i)    the Trustee undertakes to perform such duties and only such duties as are specifically set forth in
this Supplemental Indenture, and no implied covenants or obligations shall be read into this Supplemental Indenture against the Trustee; and 

(ii)    in the absence of bad faith on its part, the Trustee may conclusively rely, as to the truth of the
statements and the correctness of the opinions expressed therein, upon certificates or opinions furnished to the Trustee and conforming to the requirements of this Supplemental Indenture; but in the case of any such certificates or opinions which by
any provision hereof are specifically required to be furnished to the Trustee, the Trustee shall be under a duty to examine the same to determine whether or not they conform to the requirements of this Supplemental Indenture (but need not confirm or
investigate the accuracy of mathematical calculations or other facts stated therein). 
 (b)    In case an Event of
Default has occurred and is continuing, the Trustee shall exercise such of the rights and powers vested in it by this Supplemental Indenture, and use the same degree of care and skill in their exercise, as a prudent person would exercise or use
under the circumstances in the conduct of such person’s own affairs. 
 (c)    No provision of this Supplemental
Indenture shall be construed to relieve the Trustee from liability for its own negligent action, its own negligent failure to act, or its own willful misconduct, except that 

(i)    this Subsection shall not be construed to limit the effect of Subsection (a) of this Section;

  
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 (ii)    the Trustee shall not be liable for any error of
judgment made in good faith by a Responsible Trust Officer, unless it shall be proved that the Trustee was negligent in ascertaining the pertinent facts; 

(iii)    the Trustee shall not be liable with respect to any action taken or omitted to be taken by it in
good faith in accordance with the direction of the Holders of a majority in principal amount of the Outstanding Notes, given pursuant to Section 5.05, relating to the time, method and place of conducting any proceeding for any remedy available
to the Trustee, or exercising any trust or power conferred upon the Trustee, under this Supplemental Indenture with respect to the Notes; and 

(iv)    no provision of this Supplemental Indenture shall require the Trustee to expend or risk its own
funds or otherwise incur any financial liability in the performance of any of its duties hereunder, or in the exercise of any of its rights or powers, if it shall have reasonable grounds for believing that repayment of such funds or adequate
indemnity against such risk or liability is not reasonably assured to it. 
 (d)    Whether or not therein expressly so
provided, every provision of this Supplemental Indenture relating to the conduct or affecting the liability of or affording protection to the Trustee shall be subject to the provisions of this Section. 

SECTION 6.02    Notice of Defaults. Within 90 days after the occurrence of any Default hereunder with respect to
the Notes, the Trustee shall transmit to the Holders of Notes notice as provided in Section 2.06 of such Default hereunder known to the Trustee, unless such Default shall have been cured or waived; provided, however, that, except
in the case of a Default in the payment of the principal of (or premium, if any, on) or interest on any Note, the Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee or a trust
committee of directors or Responsible Trust Officers of the Trustee in good faith determines that the withholding of such notice is in the interest of the Holders of Notes. 

SECTION 6.03    Certain Rights of Trustee. Subject to the provisions of Section 6.01: 

(a)    the Trustee may conclusively rely and shall be protected in acting or refraining from acting in
reliance upon any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, coupon, other evidence of indebtedness or other paper or document believed by it to be genuine and
to have been signed or presented by the proper party or parties; 
 (b)    any request or direction of
the Issuers mentioned herein shall be sufficiently evidenced by an Issuers’ Request or Issuers’ Order and any resolution of the Board of Supervisors may be sufficiently evidenced by a Board Resolution; 

(c)    whenever in the administration of this Supplemental Indenture the Trustee shall deem it desirable
that a matter be proved or established prior to taking, suffering or omitting any action hereunder, the Trustee (unless other evidence be herein specifically prescribed) may, in the absence of bad faith on its part, conclusively rely upon an
Officers’ Certificate; 

  
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 (d)    the Trustee may consult with counsel of its selection
and the advice of such counsel or any Opinion of Counsel shall be full and complete authorization and protection in respect of any action taken, suffered or omitted by it hereunder in good faith and in reliance thereon; 

(e)    the Trustee shall be under no obligation to exercise any of the rights or powers vested in it by
this Supplemental Indenture at the request or direction of any of the Holders pursuant to this Supplemental Indenture, unless such Holders shall have offered to the Trustee security or indemnity satisfactory to the Trustee against the costs,
expenses and liabilities which might be incurred by it in compliance with such request or direction; 

(f)    the Trustee shall not be bound to make any investigation into the facts or matters stated in any
resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, coupon, other evidence of indebtedness or other paper or document, but the Trustee, in its discretion, may make such
further inquiry or investigation into such facts or matters as it may see fit, and, if the Trustee shall determine to make such further inquiry or investigation, it shall be entitled to examine the books, records and premises of the Issuers,
personally or by agent or attorney at the sole cost of the Issuers and shall incur no liability or additional liability of any kind by reason of such inquiry or investigation; 

(g)    the Trustee may execute any of the trusts or powers hereunder or perform any duties hereunder either
directly or by or through agents or counsel, and the Trustee shall not be responsible for any misconduct or negligence on the part of any agent or counsel appointed with due care by it hereunder; 

(h)    the Trustee shall not be liable for any action taken, suffered or omitted by it in good faith and
believed by it to be authorized or within the discretion or rights or powers conferred upon it by this Supplemental Indenture; 

(i)    in no event shall the Trustee be responsible or liable for special, indirect, or consequential loss
or damage of any kind whatsoever (including, but not limited to, loss of profit) irrespective of whether the Trustee has been advised of the likelihood of such loss or damage and regardless of the form of action; 

(j)    the Trustee shall not be deemed to have notice of any Default or Event of Default unless a
Responsible Trust Officer of the Trustee has received written notice of any event which is in fact such a default at the Corporate Trust Office of the Trustee, and such notice references the Notes and this Supplemental Indenture; 

(k)    the rights, privileges, protections, immunities and benefits given to the Trustee, including,
without limitation, its right to be indemnified, are extended to, and shall be enforceable by, the Trustee in each of its capacities hereunder, and each agent, custodian and other Person employed to act hereunder; and 

  
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 (l)    the Trustee may request that the Issuers deliver a
certificate setting forth the names of individuals and/or titles of officers authorized at such time to take specified actions pursuant to this Supplemental Indenture. 

SECTION 6.04    Not Responsible for Recitals or Issuance of Notes. The recitals contained herein and in the Notes,
except the Trustee’s certificates of authentication, shall be taken as the statements of the Issuers, and the Trustee assumes no responsibility for their correctness. The Trustee makes no representations as to the validity or sufficiency of
this Supplemental Indenture or of the Notes. Neither the Trustee nor any Authenticating Agent shall be accountable for the use or application by the Issuers of Notes or the proceeds thereof. 

SECTION 6.05    May Hold Notes. The Trustee, any Paying Agent, any Note Registrar or any other agent of the
Issuers, in its individual or any other capacity, may become the owner or pledgee of Notes or warrants to purchase Notes and, subject to Section 6.08, may otherwise deal with the Issuers with the same rights it would have if it were not
Trustee, Paying Agent, Note Registrar or such other agent. 
 SECTION 6.06    Money Held in Trust. Except as
provided in Section 13.05, money held by the Trustee or any Paying Agent in trust hereunder need not be segregated from other funds except to the extent required by law. The Trustee or any Paying Agent shall be under no liability for interest
on any money received by it hereunder except as otherwise agreed with the Issuers. 
 SECTION 6.07    Compensation
and Reimbursement. 
 (a)    Each of the Issuers agrees: 

(i)    to pay to the Trustee from time to time in Dollars such compensation as shall be agreed to from
time to time in writing between the Issuers and the Trustee for all services rendered by it hereunder (which compensation shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust); 

(ii)    except as otherwise expressly provided herein, to reimburse the Trustee in Dollars upon its request
for all reasonable expenses, disbursements and advances incurred or made by the Trustee in accordance with any provision of this Supplemental Indenture (including the reasonable compensation and the expenses and disbursements of its agents and
counsel), except any such expense, disbursement or advance as may be attributable to its negligence or bad faith; and 

(iii)    to indemnify each of the Trustee or any predecessor Trustee and their agents in Dollars for, and
to hold it harmless against, any and all loss, liability, damage, claim or expense, including taxes (other than taxes based upon, or measured or determined by, the income of the Trustee) incurred without negligence or bad faith on its part, arising
out of or in connection with the acceptance or administration of the trust or trusts hereunder, including the costs and expenses of defending itself against any claim (whether asserted by the Issuers, any Holder or any other Person) or liability in
connection with the exercise or performance of any of its powers or duties hereunder, or in connection with enforcing the provisions of this Section. 

  
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 (b)    As security for the performance of the obligations of the Issuers
under this Section, the Trustee shall have a lien prior to the Notes upon all property and funds held or collected by the Trustee as such, except funds held in trust for the payment of principal of, premium, if any, or interest, if any, on the
Notes. 
 (c)    When the Trustee incurs expenses or renders services in connection with an Event of Default specified
in Section 5.01(g) and Section 5.01(h), the expenses (including the reasonable charges and expenses of its counsel) and the compensation for the services are intended to constitute expenses of administration under any applicable Federal or
state bankruptcy, insolvency or other similar law. The provisions of this Section shall survive the termination of this Supplemental Indenture. 

SECTION 6.08    Disqualification; Conflicting Interests. 

(a)    If the Trustee has or shall acquire any conflicting interest, as defined in Section 310(b) of the Trust
Indenture Act, with respect to the Notes, it shall, within 90 days after ascertaining that it has such conflicting interest, either eliminate such conflicting interest or resign with respect to the Notes in the manner and with the effect provided
by, and subject to the provisions of, Section 310(b) of the Trust Indenture Act and this Supplemental Indenture; provided, however, that there shall be excluded from the operation of Section 310(b)(1) of the Trust Indenture
Act any indenture or indentures under which other securities or certificates of interest or participation in other securities of the Issuers are outstanding if the requirements for such exclusion set forth in Section 310(b)(1) of the Trust
Indenture Act are met. 
 (b)    In the event that the Trustee shall fail to comply with the provisions of the preceding
sentence with respect to the Notes, the Trustee shall, within 10 days after the expiration of such 90-day period, transmit, in the manner and to the extent provided in Section 2.06, to all Holders of
Notes notice of such failure. 
 (c)    Nothing herein shall prevent the Trustee from filing with the Commission the
application referred to in the penultimate paragraph of Section 310(b) of the Trust Indenture Act. 
 (d)    To the
extent permitted by the Trust Indenture Act, the Trustee shall not be deemed to have a conflicting interest with respect to the Notes by virtue of being Trustee with respect to the Securities of any particular series of Securities other than that
series. 
 SECTION 6.09    Corporate Trustee Required; Eligibility. There shall at all times be a Trustee for the
Notes hereunder which shall be either (1) a corporation organized and doing business under the laws of the United States of America, any State thereof or the District of Columbia, which is authorized under such laws to exercise corporate trust
powers and is subject to supervision or examination by Federal or State authority and having its Corporate Trust Office located in The City of New York or (2) a corporation or other Person organized and doing business under the laws of a
foreign government that is permitted to act as Trustee pursuant to a rule, regulation or order of the Commission, which is authorized under such laws to exercise corporate 

  
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trust powers and is subject to supervision or examination by authority of such foreign government or a political subdivision thereof substantially equivalent to supervision or examination
applicable to United States institutional trustees; in either case having a combined capital and surplus of at least $50,000,000. If such corporation or Person publishes reports of condition at least annually, pursuant to law or to the requirements
of said supervising or examining authority, then for the purposes of this Section, the combined capital and surplus of such corporation or Person shall be deemed to be its combined capital and surplus as set forth in its most recent report of
condition so published. Neither the Issuers nor any Person directly or indirectly controlling, controlled by, or under common control with the Issuers shall serve as trustee for the Notes issued hereunder. If at any time the Trustee shall cease to
be eligible in accordance with the provisions of this Section, it shall resign immediately in the manner and with the effect hereinafter specified in this Article. 

SECTION 6.10    Resignation and Removal; Appointment of Successor. 

(a)    No resignation or removal of the Trustee and no appointment of a successor Trustee pursuant to this Article shall
become effective until the acceptance of appointment by the successor Trustee in accordance with the applicable requirements of Section 6.11. 

(b)    The Trustee may resign at any time with respect to the Notes by giving written notice thereof to the Issuers. If
the instrument of acceptance by a successor Trustee required by Section 6.11 shall not have been delivered to the resigning Trustee, at the expense of the Issuers, within 45 days after the giving of such notice of resignation, the resigning
Trustee may petition any court of competent jurisdiction for the appointment of a successor Trustee with respect to the Notes. 

(c)    The Trustee may be removed at any time upon 30 days’ prior written notice with respect to the Notes by Act of
the Holders of a majority in principal amount of the Outstanding Notes, delivered to the Trustee and to the Issuers. 

(d)    If at any time: 

(i)    the Trustee shall fail to comply with Section 6.08 after written request therefor by the
Issuers or by any Holder who has been a bona fide Holder of a Note as to which the Trustee has a conflicting interest for at least six months, or 

(ii)    the Trustee for the Notes shall cease to be eligible under Section 6.09 and shall fail to
resign after written request therefor by the Issuers or by any Holder of Notes, or 
 (iii)    the
Trustee shall become incapable of acting or shall be adjudged a bankrupt or insolvent or a receiver of the Trustee or of its property shall be appointed or any public officer shall take charge or control of the Trustee or of its property or affairs
for the purpose of rehabilitation, conservation or liquidation, 
 then, in any such case, (i) the Issuers by a Board Resolution may remove the Trustee
with respect to all Securities, or (ii) subject to Section 5.11, any Holder who has been a bona fide Holder of a 

  
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Note for at least six months (and, in the case of clause (i) above, who is a holder of a Note as to which the Trustee has a conflicting interest) may, on behalf of himself and all others
similarly situated, petition any court of competent jurisdiction for the removal of the Trustee with respect to all Securities issued under the Indenture and the appointment of a successor Trustee or Trustees. 

(e)    If the Trustee shall resign, be removed or become incapable of acting, or if a vacancy shall occur in the office of
the Trustee for any cause, with respect to the Notes or any Securities of a series, the Issuers, by a Board Resolution, shall promptly appoint a successor Trustee or Trustees with respect to the Notes or Securities of that or those series (it being
understood that any such successor Trustee may be appointed with respect to the Notes or Securities of one or more of or all such series and that at any time there shall be only one Trustee with respect to the Notes or Securities of any particular
series) and such successor Trustee or Trustees shall comply with the applicable requirements of Section 6.11. If, within one year after such resignation, removal or incapability, or the occurrence of such vacancy, a successor Trustee with
respect to the Notes and Securities of any series shall be appointed by Act of the Holders of a majority in principal amount of the Outstanding Notes or Outstanding Securities (as defined in the Indenture) of such series delivered to the Issuers and
the retiring Trustee, the successor Trustee so appointed shall, forthwith upon its acceptance of such appointment in accordance with the applicable requirements of Section 6.11, become the successor Trustee with respect to the Notes and
Securities of such series and to that extent supersede the successor Trustee appointed by the Issuers. If no successor Trustee with respect to the Notes and Securities of any series shall have been so appointed by the Issuers or the Holders and
accepted appointment in the manner required by Section 6.11, the Trustee being removed, at the expense of the Issuers, or any Holder who has been a bona fide Holder of a Note or Note of such series for at least six months, on behalf of himself
and all others similarly situated, may petition any court of competent jurisdiction for the appointment of a successor Trustee with respect to the Securities of such series. 

(f)    The Issuers shall give notice of each resignation and each removal of the Trustee with respect to the Notes and
Securities of any series and each appointment of a successor Trustee with respect to the Notes and Securities of any series by giving notice of such event to all Holders of Notes and Securities of such series as provided by Section 2.06. Each
notice shall include the name of the successor Trustee with respect to the Securities of such series and the address of its Corporate Trust Office. 

SECTION 6.11    Acceptance of Appointment by Successor. 

(a)    In case of the appointment hereunder of a successor Trustee with respect to all Securities, every such successor
Trustee so appointed shall execute, acknowledge and deliver to the Issuers and to the retiring Trustee an instrument accepting such appointment, and thereupon the resignation or removal of the retiring Trustee shall become effective and such
successor Trustee, without any further act, deed or conveyance, shall become vested with all the rights, powers, trusts and duties of the retiring Trustee; but, on the request of the Issuers or the successor Trustee, such retiring Trustee shall,
upon payment of its charges, execute and deliver an instrument transferring to such successor Trustee all the rights, powers and trusts of the retiring Trustee and shall duly assign, transfer and deliver to such successor Trustee all property and
money held by such retiring Trustee hereunder. 

  
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 (b)    In case of the appointment hereunder of a successor Trustee with
respect to the Securities of one or more (but not all) series, the Issuers, the retiring Trustee and each successor Trustee with respect to the Securities of one or more series shall execute and deliver an indenture supplemental hereto wherein each
successor Trustee shall accept such appointment and which (1) shall contain such provisions as shall be necessary or desirable to transfer and confirm to, and to vest in, each successor Trustee all the rights, powers, trusts and duties of the
retiring Trustee with respect to the Securities of that or those series to which the appointment of such successor Trustee relates, (2) if the retiring Trustee is not retiring with respect to all Securities, shall contain such provisions as
shall be deemed necessary or desirable to confirm that all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series as to which the retiring Trustee is not retiring shall continue to be
vested in the retiring Trustee, and (3) shall add to or change any of the provisions of this Supplemental Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by more than one Trustee, it being
understood that nothing herein or in such supplemental indenture shall constitute such Trustees co-trustees of the same trust and that each such Trustee shall be trustee of a trust or trusts hereunder separate
and apart from any trust or trusts hereunder administered by any other such Trustee; and upon the execution and delivery of such supplemental indenture, the resignation or removal of the retiring Trustee shall become effective to the extent provided
therein and each such successor Trustee, without any further act, deed or conveyance, shall become vested with all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series to which the
appointment of such successor Trustee relates; but, on request of the Issuers or any successor Trustee, such retiring Trustee shall duly assign, transfer and deliver to such successor Trustee all property and money held by such retiring Trustee
hereunder with respect to the Securities of that or those series to which the appointment of such successor Trustee relates. 

(c)    Upon request of any such successor Trustee, the Issuers shall execute any and all instruments for more fully and
certainly vesting in and confirming to such successor Trustee all such rights, powers and trusts referred to in paragraph (a) or (b) of this Section, as the case may be. 

(d)    No successor Trustee shall accept its appointment unless at the time of such acceptance such successor Trustee
shall be qualified and eligible under this Article. 
 SECTION 6.12    Merger, Conversion, Consolidation or
Succession to Business. Any corporation into which the Trustee may be merged or converted or with which it may be consolidated, or any corporation resulting from any merger, conversion or consolidation to which the Trustee shall be a party, or
any corporation succeeding to all or substantially all the corporate trust business of the Trustee, shall be the successor of the Trustee hereunder, provided that such corporation shall be otherwise qualified and eligible under this Article,
without the execution or filing of any paper or any further act on the part of any of the parties hereto. In case any Notes shall have been authenticated, but not delivered, by the Trustee then in office, any successor by merger, conversion or
consolidation to such authenticating Trustee may adopt such authentication and deliver the Notes so authenticated with the same effect as if such successor Trustee had itself authenticated such Notes. 

  
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 SECTION 6.13    Appointment of Authenticating Agent. 

(a)    The Issuers may appoint an Authenticating Agent or Agents with respect to the Notes which shall be authorized to act
on behalf of the Trustee to authenticate Notes issued upon original issue or upon exchange, registration of transfer or partial redemption thereof or pursuant to Section 3.05, and Notes so authenticated shall be entitled to the benefits of this
Supplemental Indenture and shall be valid and obligatory for all purposes as if authenticated by the Trustee hereunder. Wherever reference is made in this Supplemental Indenture to the authentication and delivery of Notes by the Trustee or the
Trustee’s certificate of authentication, such reference shall be deemed to include authentication and delivery on behalf of the Trustee by an Authenticating Agent and a certificate of authentication executed on behalf of the Trustee by an
Authenticating Agent. Each Authenticating Agent shall be acceptable to the Trustee and shall at all times be a corporation having a combined capital and surplus of not less than the equivalent of $50,000,000 and subject to supervision or examination
by Federal, state or District of Columbia authority or the equivalent foreign authority, in the case of an Authenticating Agent who is not organized and doing business under the laws of the United States of America, any state thereof or the District
of Columbia. If such Authenticating Agent publishes reports of condition at least annually, pursuant to law or to the requirements of said supervising or examining authority, then for the purposes of this Section, the combined capital and surplus of
such Authenticating Agent shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time an Authenticating Agent shall cease to be eligible in accordance with the provisions of
this Section, such Authenticating Agent shall resign immediately in the manner and with the effect specified in this Section. 

(b)    Any corporation into which an Authenticating Agent may be merged or converted or with which it may be consolidated,
or any corporation resulting from any merger, conversion or consolidation to which such Authenticating Agent shall be a party, or any corporation succeeding to the corporate agency or corporate trust business of such Authenticating Agent, shall
continue to be an Authenticating Agent; provided such corporation shall be otherwise eligible under this Section, without the execution or filing of any paper or any further act on the part of the Trustee or such Authenticating Agent. 

(c)    An Authenticating Agent may resign at any time by giving written notice thereof to the Trustee and to the Issuers.
The Issuers may at any time terminate the agency of an Authenticating Agent by giving written notice thereof to such Authenticating Agent and to the Trustee. Upon receiving such a notice of resignation or upon such a termination, or in case at any
time such Authenticating Agent shall cease to be eligible in accordance with the provisions of this Section, the Issuers may appoint a successor Authenticating Agent which shall be acceptable to the Trustee and shall mail, or cause to be mailed,
written notice of such appointment by first-class mail, postage prepaid, to all Holders of Notes with respect to which such Authenticating Agent will serve, as their names and addresses appear in the Note Register. Any successor Authenticating Agent
upon acceptance of its appointment hereunder shall become vested with all the rights, powers and duties of its predecessor hereunder, with like effect as if originally named as an Authenticating Agent. No successor Authenticating Agent shall be
appointed unless eligible under the provisions of this Section. 

  
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 (d)    The Issuers agree to pay to each Authenticating Agent from time to
time reasonable compensation for its services under this Section. 
 (e)    If an appointment with respect to one or
more series is made pursuant to this Section, the Notes may have endorsed thereon, in addition to the Trustee’s certificate of authentication, an alternative certificate of authentication in the following form: 

This is one of the Notes designated herein issued under the within-mentioned Indenture. 

 

			
	THE BANK OF NEW YORK MELLON, As Trustee
		
	By:	 	  

	[                    ]
	As Authenticating Agent
		
	By:	 	  

	Authorized [Officer] [Signatory]

 (f)    If all the Notes may not be originally issued at one time, and if the Trustee does
not have an office capable of authenticating Notes upon original issuance located in a Place of Payment or other place where the Issuers wish to have Notes authenticated upon original issuance, the Issuers shall appoint in accordance with this
Section an Authenticating Agent (which may be an Affiliate of the Issuers if eligible to be appointed as an Authenticating Agent hereunder) having an office in such Place of Payment or other place designated by the Issuers with respect to the
Notes. 
 SECTION 6.14    Preferential Collection of Claims. If and when the Trustee shall be or become a
creditor of the Issuers (or any other obligor upon the Notes), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Issuers (or any such other obligor). 

ARTICLE VII 

Holders’ Lists and Reports by Trustee and the Issuers 

SECTION 7.01    Issuers to Furnish Trustee Names and Addresses of Holders. The Issuers will furnish or cause to be
furnished to the Trustee: 
 (a)    semiannually, not later than 15 days after each Regular Record
Date, a list in such form as the Trustee may reasonably require, of the names and addresses of the Holders of the Notes as of the Regular Record Date; and 

(b)    at such other times as the Trustee may request in writing, within 30 days after the receipt by the
Issuers of any such request, a list of similar form and content, such list to be dated as of a date not more than five days prior to the time such list is furnished; 

  
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 notwithstanding the foregoing Subsections (a) and (b), at such times as the Trustee is the Note Registrar
and Paying Agent with respect to the Notes, no such list shall be required to be furnished in respect of the Notes. 
 SECTION
7.02    Preservation of Information; Communications to Holders. 
 (a)     The Trustee shall
preserve, in as current a form as is reasonably practicable, the names and addresses of Holders of the Notes contained in the most recent list furnished to the Trustee as provided in Section 7.01 and the names and addresses of Holders of the
Notes received by the Trustee in any capacity as Note Registrar or Paying Agent. The Trustee may destroy any list furnished to it as provided in Section 7.01 upon receipt of a new list so furnished. 

(b)    If three or more Holders of Notes (referred to in this Section as “applicants”) apply in
writing to the Trustee, and furnish to the Trustee reasonable proof that each such applicant has owned a Note for a period of at least six months preceding the date of such application, and such application states that the applicants desire to
communicate with other Holders of Notes with respect to their rights under this Supplemental Indenture or under the Notes and is accompanied by a copy of the form of proxy or other communication which such applicants propose to transmit, then the
Trustee shall, within five business days after the receipt of such application, at its election, either: 

(i)    afford such applicants access to the information preserved at the time by the Trustee in accordance
with Section 7.02(a), or 
 (ii)    inform such applicants as to the approximate number of Holders
of Notes whose names and addresses appear in the information preserved at the time by the Trustee in accordance with Section 7.02(a), and as to the approximate cost of mailing to such Holders the form of proxy or other communication, if any,
specified in such application. 
 If the Trustee shall elect not to afford such applicants access to such information, the Trustee shall,
upon the written request of such applicants, mail to each Holder of Notes whose name and address appear in the information preserved at the time by the Trustee in accordance with Section 7.02(a) a copy of the form of proxy or other
communication which is specified in such request, with reasonable promptness after a tender to the Trustee of the material to be mailed and of payment, or provision for the payment, of the reasonable expenses of mailing, unless within five days
after such tender the Trustee shall mail to such applicants and file with the Commission, together with a copy of the material to be mailed, a written statement to the effect that, in the opinion of the Trustee, such mailing would be contrary to the
best interest of the Holders of such series or would be in violation of applicable law. Such written statement shall specify the basis of such opinion. If the Commission, after opportunity for a hearing upon the objections specified in the written
statement so filed, shall enter an order refusing to sustain any of such objections or if, after the entry of an order sustaining one or more of such objections, the Commission shall find, after notice and opportunity for hearing, that all the
objections so sustained have been met and shall enter an order so declaring, the Trustee shall mail copies of such material to all such Holders with reasonable promptness after the entry of such order and the renewal of such tender; otherwise the
Trustee shall be relieved of any obligation or duty to such applicants respecting their application. 

  
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 (c)    Every Holder of Notes, by receiving and holding the same, agrees with
the Issuers and the Trustee that neither the Issuers nor the Trustee nor any agent of either of them shall be held accountable by reason of the disclosure of any such information as to the names and addresses of the Holders in accordance with
Section 7.02(b), regardless of the source from which such information was derived, and that the Trustee shall not be held accountable by reason of mailing any material pursuant to a request made under Section 7.02(b). 

SECTION 7.03    Reports by Trustee. 

(a)    Within 60 days after May 15 of each year commencing with the May 15 occurring after the initial issuance
of Notes hereunder, the Trustee shall transmit by mail to the Holders of Notes, as provided in Subsection (c) of this Section, a brief report dated as of such May 15 in accordance with and to the extent required under Section 313 of
the Trust Indenture Act. 
 (b)    A copy of each such report shall, at the time of such transmission to Holders, be
filed by the Trustee with each United States stock exchange upon which any Notes are listed, if any, with the Commission and with the Issuers. 

(c)    Reports pursuant to Section 7.03(a) shall be transmitted by mail (i) to all Holders, as their names and
addresses appear in the Note Register, (ii) to all Holders as have, within two years preceding such transmission, filed their names and addresses with the Trustee for such purpose, and (iii) to all Holders whose names and addresses have
been furnished or received by the Trustee pursuant to Sections 7.01 and 7.02. 
 SECTION 7.04    Reports by
Issuers. The Issuers shall: 
 (i)    file with the Trustee, within 15 days after the Issuers
are required to file the same with the Commission, copies of the annual reports and of the information, documents and other reports (or copies of such portions of any of the foregoing as the Commission may from time to time by rules and regulations
prescribe) which the Issuers may be required to file with the Commission pursuant to Section 13 or Section 15(d) of the Exchange Act; or, if the Issuers are not required to file information, documents or reports pursuant to either of said
Sections, then it shall file with the Trustee and the Commission, in accordance with rules and regulations prescribed from time to time by the Commission, such of the supplementary and periodic information, documents and reports which may be
required pursuant to Section 13 of the Exchange Act in respect of a security listed and registered on a national securities exchange as may be prescribed from time to time in such rules and regulations; 

(ii)    file with the Trustee and the Commission, in accordance with rules and regulations prescribed from
time to time by the Commission, such additional information, documents and reports with respect to compliance by the Issuers with the conditions and covenants of this Supplemental Indenture as may be required from time to time in such rules and
regulations; 
 (iii)    transmit by mail to all Holders of Notes, in the manner and to the extent
provided in Section 7.03(c) with respect to reports to be transmitted pursuant to Section 7.03(a), 

  
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within 30 days after the filing thereof with the Trustee, such summaries of any information, documents and reports required to be filed by the Issuers pursuant to clauses (i) or (ii) of this
Section as may be required by rules and regulations prescribed from time to time by the Commission; and 

(iv)    promptly notify the Trustee when any Notes are listed on any stock exchange and any delisting
thereof. 
 Delivery of such reports, information and documents to the Trustee pursuant to this Section 7.04 is for informational
purposes only and the Trustee’s receipt of such shall not constitute constructive notice of any information contained therein or determinable from information contained therein, including the Issuers’ compliance with any of their covenants
hereunder (as to which the Trustee is entitled to rely exclusively on Officers’ Certificates). 
 ARTICLE VIII 

Successors 
 SECTION
8.01    Merger, Consolidation or Sale of Assets. 
 (a)    Suburban Propane shall not,
directly or indirectly: (1) consolidate or merge with or into another Person (whether or not Suburban Propane is the surviving entity); or (2) sell, assign, transfer, convey or otherwise dispose of all or substantially all of the
properties or assets of Suburban Propane and its Restricted Subsidiaries taken as a whole, in one or more related transactions to, another Person; unless: 

(i)    either: (A) Suburban Propane is the surviving entity; or (B) the Person formed by or
surviving any such consolidation or merger (if other than Suburban Propane) or to which such sale, assignment, transfer, conveyance or other disposition has been made is a corporation, partnership or limited liability company organized or existing
under the laws of the United States, any state of the United States or the District of Columbia; 

(ii)    the Person formed by or surviving any such consolidation or merger (if other than Suburban Propane)
or the Person to which such sale, assignment, transfer, conveyance or other disposition has been made assumes all the obligations of Suburban Propane under the Notes and this Supplemental Indenture pursuant to a supplemental indenture reasonably
satisfactory in form to the Trustee; 
 (iii)    immediately after such transaction, no Default or Event
of Default exists; and 
 (iv)    Suburban Propane or the Person formed by or surviving any such
consolidation or merger (if other than Suburban Propane), or to which such sale, assignment, transfer, conveyance or other disposition has been made will, on the date of such transaction after giving pro forma effect thereto and any related
financing transactions as if the same had occurred at the beginning of the applicable four-quarter period, (x) be permitted to incur at least $1.00 of additional Indebtedness pursuant to the Consolidated Fixed

  
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Charge Coverage Ratio test set forth in Section 10.10(a) hereof or (y) the Consolidated Fixed Charge Coverage Ratio would not be less than the Consolidated Fixed Charge Coverage Ratio
immediately prior to such transaction or transactions. 
 (b)    Finance Corp. shall not (1) consolidate or merge
with or into another Person (whether or not Finance Corp. is the surviving corporation); or (2) sell, assign, transfer, convey or otherwise dispose of all or substantially all of the properties or assets of Finance Corp. in one or more related
transactions to, another Person; unless: 
 (i)    Finance Corp. is the surviving Person, or the Person
formed by or surviving any such consolidation or merger (if other than Finance Corp.) or to which such sale, assignment, transfer, conveyance or other disposition has been made is a corporation organized or existing under the laws of the United
States, any state of the United States or the District of Columbia; 
 (ii)    the Person formed by or
surviving any such consolidation or merger (if other than Finance Corp.) or the Person to which such sale, assignment, transfer, conveyance or other disposition has been made assumes all the obligations of Finance Corp., under the Notes and this
Supplemental Indenture pursuant to agreements reasonably satisfactory to the Trustee; 

(iii)    immediately after such transaction no Default or Event of Default exists; and 

(iv)    Finance Corp or the Person formed by or surviving any such consolidation or merger (if other than
Finance Corp), or to which such sale, assignment, transfer, conveyance or other disposition has been made will, on the date of such transaction after giving pro forma effect thereto and any related financing transactions as if the same had occurred
at the beginning of the applicable four-quarter period, (x) be permitted to incur at least $1.00 of additional Indebtedness pursuant to the Consolidated Fixed Charge Coverage Ratio test set forth in Section 10.10(a) hereof or (y) the
Consolidated Fixed Charge Coverage Ratio would not be less than the Consolidated Fixed Charge Coverage Ratio immediately prior to such transaction or transactions. 

(c)    If Suburban Propane engages in a merger, consolidation or sale of assets in accordance with the provisions
described in Section 8.01(a), Suburban Propane or the Person formed by or surviving such transaction will comply with Section 10.19. 

(d)    The Issuers may not, directly or indirectly, lease all or substantially all of their properties or assets, in one
or more related transactions, to any other Person. This Section 8.01 will not apply to: 
 (i)    a
merger of Suburban Propane with an Affiliate solely for the purpose of re-forming Suburban Propane in another jurisdiction; and 

(ii)    any sale, transfer, assignment, conveyance, lease or other disposition of assets between or among
Suburban Propane and its Restricted Subsidiaries. 

  
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 (e)    Notwithstanding the foregoing, Suburban Propane shall be permitted to
reorganize as a corporation in accordance with the terms of this Supplemental Indenture; provided, that Suburban Propane shall have delivered to the Trustee an Opinion of Counsel reasonably acceptable to the Trustee confirming that such
reorganization is not adverse to Holders of the Notes (it being recognized that such reorganization shall not be deemed adverse to the Holders of the Notes solely because (i) of the accrual of deferred tax liabilities resulting from such
reorganization or (ii) the successor or surviving corporation (a) is subject to income tax as a corporate entity or (b) is considered to be an “includible corporation” of an affiliated group of corporations within the
meaning of the Code or any similar state or local law). 
 SECTION 8.02    Successor Person Substituted. Upon any
consolidation or merger, or any sale, assignment, transfer, conveyance or other disposition of all or substantially all of the properties and assets of any Issuer in a transaction that is subject to, and that complies with the provisions of,
Section 8.01 hereof, the successor Person formed by such consolidation or into or with which such Suburban Propane is merged or to which such sale, assignment, transfer, conveyance or other disposition is made shall succeed to, and be
substituted for (so that from and after the date of such consolidation, merger, sale, conveyance or other disposition, the provisions of this Supplemental Indenture referring to “Suburban Propane,” “Finance Corp.” or the
“Issuers,” as the case may be, shall refer to or include instead the successor Person and not Suburban Propane or Finance Corp., as the case may be), and may exercise every right and power of such Issuer under this Supplemental Indenture
with the same effect as if such successor Person had been named as such Issuer herein and thereafter the predecessor Person shall be relieved of all obligations and covenants under this Supplemental Indenture and the Notes. 

ARTICLE IX 
 Amendment,
Supplement And Waiver 
 SECTION 9.01    Without Consent of Holders of the Notes. Notwithstanding
Section 9.02 of this Supplemental Indenture, the Issuers and the Trustee may amend or supplement this Supplemental Indenture or the Notes without the consent of any Holder of a Note: 

(a)    to cure any ambiguity, defect or inconsistency; 

(b)    to provide for uncertificated Notes in addition to or in place of certificated Notes; 

(c)    to provide for the assumption of the Issuers’ obligations to the Holders of the Notes in the
case of a merger or consolidation or sale of all or substantially all of the Issuers’ assets; 

(d)    to make any change that would provide any additional rights or benefits to the Holders of the Notes
or that does not adversely affect the legal rights hereunder of any Holder of the Notes; 
 (e)    to
comply with requirements of the Commission in order to effect or maintain the qualification of this Supplemental Indenture under the Trust Indenture Act; 

  
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 (f)    to conform the text of this Supplemental Indenture or
the Notes to any provision of the “Description of the Notes” section of the Issuers’ prospectus supplement dated February 7, 2017 to the base prospectus included in the Issuer’s registration statement on Form S-3 (File Nos. 333-195864 and 333-195864-01) relating to the issuance and sale of the Initial
Notes, to the extent that such provision in that “Description of the Notes” was intended to be a verbatim recitation of a provision of this Supplemental Indenture or the Notes; 

(g)    to provide for the issuance of Additional Notes in accordance with the limitations set forth in this
Supplemental Indenture as of the date hereof; or 
 (h)    to add collateral to secure the Notes or to
add Guarantees of the Issuers’ obligations under the Notes. 
 Upon the request of the Issuers accompanied by a resolution of each of
its Board of Supervisors authorizing the execution of any such amended or supplemental indenture, and upon receipt by the Trustee of the documents described in Section 6.03 hereof, the Trustee will join with the Issuers and the Guarantors, if
any, in the execution of any amended or supplemental indenture authorized or permitted by the terms of this Supplemental Indenture and to make any further appropriate agreements and stipulations that may be therein contained, but the Trustee will
not be obligated to enter into such amended or supplemental indenture that affects its own rights, duties or immunities under this Supplemental Indenture or otherwise. 

SECTION 9.02    With Consent of Holders of the Notes. Except as provided below in this Section 9.02, Suburban
Propane and the Trustee may amend or supplement this Supplemental Indenture (including, without limitation, Section 10.11, 10.16 and 11.10 hereof) and the Notes with the consent of the Holders of at least a majority in principal amount of the
Notes then outstanding (including, without limitation, consents obtained in connection with a tender offer or exchange offer for, or purchase of, the Notes), and, subject to Sections 5.06 and 5.09 hereof, any existing Default (other than a Default
or Event of Default in the payment of the principal of, premium or interest on the Notes) or compliance with any provision of this Supplemental Indenture, the Subsidiary Guarantees, if any, or the Notes may be waived with the consent of the Holders
of a majority in principal amount of the then outstanding Notes (including, without limitation, consents obtained in connection with a tender offer or exchange offer for, or purchase of, the Notes). 

Upon the request of Suburban Propane accompanied by a resolution of its Board of Supervisors authorizing the execution of any such amended or
supplemental indenture, and upon the filing with the Trustee of evidence satisfactory to the Trustee of the consent of the Holders of Notes as aforesaid, and upon receipt by the Trustee of the documents described in Section 6.03 hereof, the
Trustee will join with the Issuers in the execution of such amended or supplemental indenture unless such amended or supplemental indenture directly affects the Trustee’s own rights, duties or immunities under this Supplemental Indenture or
otherwise, in which case the Trustee may in its discretion, but will not be obligated to, enter into such amended or supplemental Indenture. 

  
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 It is not necessary for the consent of the Holders of Notes under this Section 9.02 to
approve the particular form of any proposed amendment or waiver, but it is sufficient if such consent approves the substance thereof. 

After an amendment, supplement or waiver under this Section 9.02 becomes effective, Suburban Propane will mail to the Holders of Notes
affected thereby a notice briefly describing the amendment, supplement or waiver. Any failure of Suburban Propane to mail such notice, or any defect therein, will not, however, in any way impair or affect the validity of any such amended or
supplemental indenture or waiver. Subject to Sections 5.02, 5.04 and 5.07 hereof, the Holders of a majority in aggregate principal amount of the Notes then outstanding may waive compliance in a particular instance by Suburban Propane with any
provision of this Supplemental Indenture or the Notes. However, without the consent of each Holder affected, an amendment, supplement or waiver under this Section 9.02 may not (with respect to any Notes held by a
non-consenting Holder): 
 (a)    reduce the principal amount of
Notes whose Holders must consent to an amendment, supplement or waiver; 
 (b)    reduce the principal of
or change the fixed maturity of any Note; 
 (c)    (x) reduce the rate of or change the time for payment
of interest on any Note or (y) modify the obligations of the Issuers to make Asset Sale Offers or Change of Control Offers if such modification was made after the occurrence of such Asset Sale or Change of Control; 

(d)    waive a Default or Event of Default in the payment of principal of, or interest or premium, if any,
on the Notes (except a rescission of acceleration of the Notes by the Holders of at least a majority in aggregate principal amount of the Notes and a waiver of the payment default that resulted from such acceleration); 

(e)    make any Note payable in money other than that stated in the Notes; 

(f)    make any change in the provisions of this Supplemental Indenture relating to waivers of past
Defaults or the rights of Holders of Notes to receive payments of principal of, or interest or premium, if any, on the Notes; 

(g)    waive a redemption payment with respect to any Note (other than a payment required by Sections
10.11, 10.16 or 11.10 hereof); or 
 (h)    make any change in the preceding amendment and waiver
provisions. 
 SECTION 9.03    Additional Notes. For the avoidance of doubt, the determination of whether any
amendment, supplement or waiver has been consented to shall, where applicable, include any additional consenting Notes that have been issued under and in compliance with this Supplemental Indenture at any time prior to (including immediately prior
to) the time that such amendment, supplement or waiver becomes operative. 

  
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 SECTION 9.04    Compliance with Trust Indenture Act. Every amendment
or supplement to this Supplemental Indenture or the Notes will be set forth in an amended or supplemental indenture that complies with the Trust Indenture Act as then in effect. 

SECTION 9.05    Revocation and Effect of Consents. Until an amendment, supplement or waiver becomes effective, a
consent to it by a Holder of a Note is a continuing consent by the Holder of a Note and every subsequent Holder of a Note or portion of a Note that evidences the same debt as the consenting Holder’s Note, even if notation of the consent is not
made on any Note. However, any such Holder of a Note or subsequent Holder of a Note may revoke the consent as to its Note if the Trustee receives written notice of revocation before the date the waiver, supplement or amendment becomes effective. An
amendment, supplement or waiver becomes effective in accordance with its terms and thereafter binds every Holder. 
 SECTION
9.06    Notation on or Exchange of Notes. The Trustee may place an appropriate notation about an amendment, supplement or waiver on any Note thereafter authenticated. The Issuers in exchange for all Notes may issue and the
Trustee shall, upon receipt of an Issuers’ Order, authenticate new Notes that reflect the amendment, supplement or waiver. 
 Failure
to make the appropriate notation or issue a new Note will not affect the validity and effect of such amendment, supplement or waiver. 

SECTION 9.07    Trustee to Sign Amendments, etc. The Trustee will sign any amended or supplemental indenture
authorized pursuant to this Article IX if the amendment or supplement does not adversely affect the rights, duties, liabilities or immunities of the Trustee. The Issuers may not sign an amended or supplemental indenture until Suburban Propane’s
Board of Supervisors approves it. In executing any amended or supplemental indenture, the Trustee will be provided with and (subject to Sections 6.01 or 6.03 hereof) will be fully protected in relying upon an Officers’ Certificate and an
Opinion of Counsel stating that the execution of such amended or supplemental indenture is authorized or permitted by this Supplemental Indenture. 

ARTICLE X 
 Covenants

 SECTION 10.01    Payment of Notes. Suburban Propane will pay or cause to be paid the principal of,
premium, if any, and interest on the Notes on the dates and in the manner provided in the Notes. Principal, premium (if any) and interest will be considered paid on the date due if the Paying Agent, of other than the Issuers or a Subsidiary thereof,
holds as of 10:00 a.m. Eastern Time on the due date money deposited by Suburban Propane in immediately available funds and designated for and sufficient to pay all principal, premium (if any) and interest then due. If Suburban Propane or any of its
Subsidiaries is acting as Paying Agent, Suburban Propane shall, prior to 10:00 a.m. Eastern Time on the due date, segregate and hold in trust such coin or currency of the United States of America sufficient to make payments of principal, premium (if
any) and interest due on such date. 
 Suburban Propane will pay interest (including post-petition interest in any proceeding under any
Bankruptcy Law) on overdue principal at the rate equal to 1% per annum in excess of the then applicable interest rate on the Notes to the extent lawful; it will pay interest (including post-petition interest in any proceeding under any Bankruptcy
Law) on overdue installments of interest at the same rate to the extent lawful. 

  
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 SECTION 10.02    Maintenance of Office or Agency. Suburban Propane
will maintain in the Borough of Manhattan, the City of New York, an office or agency (which may be an office of the Trustee or an affiliate of the Trustee, Note Registrar or co-registrar) where Notes may be
surrendered for registration of transfer or for exchange and where notices and demands to or upon Suburban Propane in respect of the Notes and this Supplemental Indenture may be served. Suburban Propane will give prompt written notice to the Trustee
of the location, and any change in the location, of such office or agency. If at any time Suburban Propane fails to maintain any such required office or agency or fails to furnish the Trustee with the address thereof, such presentations, surrenders,
notices and demands may be made or served at the Corporate Trust Office of the Trustee. 
 Suburban Propane may also from time to time
designate one or more other offices or agencies where the Notes may be presented or surrendered for any or all such purposes and may from time to time rescind such designations; provided, however, that no such designation or rescission
will in any manner relieve Suburban Propane of its obligation to maintain an office or agency in the Borough of Manhattan, the City of New York for such purposes. Suburban Propane will give prompt written notice to the Trustee of any such
designation or rescission and of any change in the location of any such other office or agency. 
 Suburban Propane hereby designates the
Corporate Trust Office of the Trustee as one such office or agency of Suburban Propane in accordance with this Section 10.02. 

SECTION 10.03    Reports. 

(a)    Whether or not required by the Commission’s rules and regulations, so long as any Notes are outstanding, the
Issuers will furnish to the Holders of Notes and the Trustee, within the time periods specified in the Commission’s rules and regulations: 

(1)    all quarterly and annual reports that would be required to be filed with the Commission on Forms 10-Q and 10-K if the Issuers were required to file such reports; and 

(2)    all current reports that would be required to be filed with the Commission on Form 8-K if the Issuers were required to file such reports. 
 The Issuers shall be deemed to have furnished
such reports to the Trustee and the Holders of Notes if the Issuers have filed such information or reports with the Commission via the EDGAR filing system and such information or reports are publicly available. 

All such reports will be prepared in all material respects in accordance with all of the rules and regulations applicable to such reports.
Each annual report on Form 10-K will include a report on the Issuers’ consolidated financial statements by the Issuers’ certified independent accountants. In addition, the Issuers will file a copy of
each of the reports referred to in clauses (1) and (2) above with the Commission for public availability within the time periods specified in 

  
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the rules and regulations applicable to such reports (unless the Commission will not accept such a filing) and will post the reports, or links to such reports, on Suburban Propane’s website
within those time periods. 
 If, at any time, either or both of the Issuers are no longer subject to the periodic reporting requirements of
the Exchange Act for any reason, the Issuers will nevertheless continue filing the reports specified in the preceding paragraph with the Commission within the time periods specified above unless the Commission will not accept such a filing. The
Issuers agree that they will not take any action for the purpose of causing the Commission not to accept any such filings. If, notwithstanding the foregoing, the Commission will not accept the Issuers’ filings for any reason, the Issuers will
post the reports referred to in the preceding paragraph on Suburban Propane’s website within the time periods that would apply if the Issuers were required to file those reports with the Commission. 

Delivery of such reports, information and documents to the Trustee pursuant to this Section 10.03 is for informational purposes only and
the Trustee’s receipt of such shall not constitute constructive notice of any information contained therein or determinable from information contained therein, including the Issuers’ compliance with any of their covenants hereunder (as to
which the Trustee is entitled to rely exclusively on Officers’ Certificates). 
 (b)    If Suburban Propane has
designated any of its Subsidiaries as Unrestricted Subsidiaries, then the quarterly and annual financial information required by Section 10.03(a) will include a reasonably detailed presentation, either on the face of the financial statements or in
the footnotes thereto, and in Management’s Discussion and Analysis of Financial Condition and Results of Operations, of the financial condition and results of operations of Suburban Propane and its Restricted Subsidiaries separate from the
financial condition and results of operations of the Unrestricted Subsidiaries of Suburban Propane. 
 (c)    For so
long as any Notes remain outstanding, at any time Suburban Propane is not required to file the reports required by this Section 10.03 with the Commission, it will furnish to the Holders and to securities analysts and prospective investors, upon
their request, the information required to be delivered pursuant to Rule 144A(d)(4) under the Securities Act. 
 SECTION
10.04    Compliance Certificate. 
 (a)    Suburban Propane and Finance Corp. (to the extent
that Finance Corp. is so required under the Trust Indenture Act) shall deliver to the Trustee, within 95 days after the end of each fiscal year, an Officers’ Certificate stating that a review of the activities of Suburban Propane and its
Subsidiaries during the preceding fiscal year has been made under the supervision of the signing Officers with a view to determining whether Suburban Propane has kept, observed, performed and fulfilled its obligations under this Supplemental
Indenture, and further stating, as to each such Officer signing such certificate, that to the best of his or her knowledge Suburban Propane has kept, observed, performed and fulfilled each and every covenant contained in this Supplemental Indenture
and is not in default in the performance or observance of any of the terms, provisions and conditions of this Supplemental Indenture (or, if a Default or Event of Default has occurred, describing all such Defaults or Events of Default of which he or
she may have knowledge and what action Suburban Propane is taking or propose to take with respect thereto) 

  
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and that to the best of his or her knowledge no event has occurred and remains in existence by reason of which payments on account of the principal of or interest, if any, on the Notes is
prohibited or if such event has occurred, a description of the event and what action Suburban Propane is taking or proposes to take with respect thereto. 

(b)    So long as not contrary to the then current recommendations of the American Institute of Certified Public
Accountants, the year-end financial statements delivered pursuant to Section 10.03 above shall be accompanied by a written statement of Suburban Propane’s independent public accountants (who shall be
a firm of established national reputation) that in making the examination necessary for certification of such financial statements, nothing has come to their attention that would lead them to believe that Suburban Propane has violated any provisions
of Article V or Article X hereof or, if any such violation has occurred, specifying the nature and period of existence thereof, it being understood that such accountants shall not be liable directly or indirectly to any Person for any failure to
obtain knowledge of any such violation. 
 (c)    So long as any of the Notes are outstanding, Suburban Propane will
deliver to the Trustee, forthwith upon any Officer becoming aware of any Default or Event of Default, an Officers’ Certificate specifying such Default or Event of Default and what action Suburban Propane is taking or proposes to take with
respect thereto. 
 SECTION 10.05    Taxes. Suburban Propane will pay, and will cause each of its Subsidiaries to
pay, prior to delinquency, all material taxes, assessments, and governmental levies except such as are contested in good faith and by appropriate proceedings or where the failure to effect such payment is not adverse in any material respect to the
Holders of the Notes. 
 SECTION 10.06    Stay, Extension and Usury Laws. Each of the Issuers covenants (to the
extent that it may lawfully do so) that it will not at any time insist upon, plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, that
may affect the covenants or the performance of this Supplemental Indenture; and Suburban Propane, Finance Corp. and each of the Guarantors, if any, (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any
such law, and covenants that it will not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the Trustee, but will suffer and permit the execution of every such power as though no such law has been
enacted. 
 SECTION 10.07    Changes in Covenants When Notes Rated Investment Grade. 

(a)    Beginning on the date that: 

(1)    the Notes have an Investment Grade Rating from S&P or Moody’s; and 

(2)     no Default or Event of Default shall have occurred and be continuing, 

and ending on the date (the “Reversion Date”) that the Notes cease to have an Investment Grade Rating from either S&P or Moody’s
(such period of time, the “Suspension Period”), the covenants specifically listed under Sections 8.01(a)(iv), 8.01(b)(iv), 10.08, 10.09, 10.10, 10.11, 10.12 and 10.17 hereof will no longer be applicable to the Notes. 

  
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 (b)    During a Suspension Period, Suburban Propane’s Board of
Supervisors may not designate any of its Subsidiaries as Unrestricted Subsidiaries. 
 (c)    On the Reversion Date, all
Indebtedness incurred during the Suspension Period will be classified to have been incurred pursuant to and permitted under the Consolidated Fixed Charge Coverage Ratio or one of the clauses set forth in the definition of Permitted Debt (to the
extent such Indebtedness would be permitted to be incurred thereunder as of the Reversion Date and after giving effect to Indebtedness incurred prior to the Suspension Period and outstanding on the Reversion Date). To the extent any Indebtedness
would not be permitted to be incurred pursuant to the Consolidated Fixed Charge Coverage Ratio or any of the clauses set forth in the definition of Permitted Debt, such Indebtedness will be deemed to have been Existing Indebtedness. 

(d)    Notwithstanding the fact that covenants suspended during a Suspension Period may be reinstated, no Default or Event
of Default will be deemed to have occurred as a result of a failure to comply with the covenants during the Suspension Period or at the time the covenants are reinstated. 

SECTION 10.08    Restricted Payments. 

(a)    Suburban Propane will not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly: 

(1)    declare or pay any distribution or make any other payment or dividend on account of Suburban
Propane’s or any of its Restricted Subsidiaries’ Equity Interests (including, without limitation, any payment in connection with any merger or consolidation involving Suburban Propane or any of its Restricted Subsidiaries) or to the direct
or indirect holders of Suburban Propane’s or any of its Restricted Subsidiaries’ Equity Interests in their capacity as such (other than distributions or dividends payable in Equity Interests (other than Disqualified Stock) of Suburban
Propane or to Suburban Propane or a Restricted Subsidiary of Suburban Propane); 
 (2)    purchase,
redeem or otherwise acquire or retire for value (including, without limitation, in connection with any merger or consolidation involving Suburban Propane) any Equity Interests of Suburban Propane; 

(3)    make any payment on or with respect to, or purchase, redeem, defease or otherwise acquire or retire
for value, any Indebtedness of Suburban Propane that is contractually subordinated to the Notes (excluding any intercompany Indebtedness between or among Suburban Propane and any of its Restricted Subsidiaries), except a payment of interest or
principal at the Stated Maturity thereof; or 
 (4)    make any Restricted Investment (all such payments
and other actions set forth in clauses (1) through (3) above and this clause (4) being collectively referred to as “Restricted Payments”), 

  
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 unless, at the time of and after giving effect to such Restricted Payment: 

(x)    no Default (except a Reporting Default) or Event of Default has occurred and is continuing or would
occur as a consequence of such Restricted Payment; and 
 (y)    the Restricted Payment, together with
the aggregate of all other Restricted Payments made by Suburban Propane and its Restricted Subsidiaries during the fiscal quarter during which the Restricted Payment is made (excluding Restricted Payments permitted by clauses (2), (3), (4), (5),
(6), (7) and (8) of Section 10.08(b)), will not exceed: 
 (i)    if the Consolidated Fixed
Charge Coverage Ratio of Suburban Propane is greater than 1.75 to 1.00, an amount equal to 

(A)    Available Cash for the immediately preceding fiscal quarter, plus 

(B)    the aggregate net cash proceeds of capital contributions to Suburban Propane from any Person other
than a Restricted Subsidiary of Suburban Propane, or issuance and sale of shares of Capital Stock, other than (i) Disqualified Stock and (ii) Capital Stock issued concurrently with the offering of the notes, of Suburban Propane to any
entity other than to a Restricted Subsidiary of Suburban Propane, in any case made during the period ending on the last day of the fiscal quarter of Suburban Propane immediately preceding the date of the Restricted Payment and beginning on
May 27, 2014, to the extent not previously expended pursuant to this clause (4)(y)(i) or clause (4)(y)(ii) below, provided, however, that this clause (4)(y)(i) shall not include proceeds from Excluded Contributions, plus 

(C)    to the extent that any Restricted Investment that was made after May 27, 2014 is sold for cash
or otherwise liquidated or repaid for cash, the cash return of capital with respect to such Restricted Investment (less the cost of disposition, if any), to the extent not previously expended pursuant to this clause (4)(y)(i) or clause (4)(y)(ii)
below, plus 
 (D)    the net reduction in Restricted Investments resulting from cash dividends,
repayments of loans or advances, or other transfers of assets in each case to the Issuers or any of their Restricted Subsidiaries from any Person (including, without limitation, Unrestricted Subsidiaries) or from redesignations of Unrestricted
Subsidiaries as Restricted Subsidiaries, to the extent not previously expended pursuant to this clause (4)(y)(i) or clause (4)(y)(ii) below; or 

(ii)    if the Consolidated Fixed Charge Coverage Ratio of Suburban Propane is equal to or less than 1.75
to 1.00, an amount equal to the sum of: 
 (A)    $200.0 million, less 

  
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 (B)    the aggregate amount of all Restricted Payments made
by Suburban Propane and its Restricted Subsidiaries in accordance with this clause (4)(y)(ii) during the period ending on the last day of the fiscal quarter of Suburban Propane immediately preceding the date of the Restricted Payment and beginning
on May 27, 2014, plus 
 (C)    the aggregate net cash proceeds of capital contributions to
Suburban Propane from any Person other than a Restricted Subsidiary of Suburban Propane, or issuance and sale of shares of Capital Stock, other than (i) Disqualified Stock and (ii) Capital Stock issued concurrently with the offering of the
Notes, of Suburban Propane to any entity other than to a Restricted Subsidiary of Suburban Propane, in any case made during the period ending on the last day of the fiscal quarter of Suburban Propane immediately preceding the date of the Restricted
Payment and beginning on May 27, 2014, to the extent not previously expended pursuant to this clause (4)(y)(ii) or clause (4)(y)(i) above, provided, however, that this clause (4)(y)(ii) shall not include proceeds from Excluded
Contributions, plus 
 (D)    to the extent that any Restricted Investment that was made after
May 27, 2014 is sold for cash or otherwise liquidated or repaid for cash, the cash return of capital with respect to such Restricted Investment (less the cost of disposition, if any), to the extent not previously expended pursuant to this
clause (4)(y)(ii) or clause (4)(y)(i) above, plus 
 (E)    the net reduction in Restricted Investments
resulting from cash dividends, repayments of loans or advances, or other transfers of assets in each case to the Issuers or any of their Restricted Subsidiaries from any Person (including, without limitation, Unrestricted Subsidiaries) or from
redesignations of Unrestricted Subsidiaries as Restricted Subsidiaries, to the extent not previously expended pursuant to this clause (4)(y)(ii) or clause (4)(y)(i) above. 

(b)    The preceding provisions will not prohibit: 

(1)    the payment of any distribution or dividend within 60 days after the date of its declaration, if at
the date of declaration the distribution or dividend payment would have complied with the provisions of this Supplemental Indenture; 

(2)    the making of any Restricted Payment in exchange for, or out of the net cash proceeds of the
substantially concurrent (not to exceed 120 days following the receipt of such net proceeds) sale (other than to a Subsidiary of Suburban Propane) of, Equity Interests of Suburban Propane (other than Disqualified Stock) or from the substantially
concurrent contribution of common equity capital to Suburban Propane by any entity other than a Subsidiary of Suburban Propane; provided, however, that the amount of any net cash proceeds that are utilized for any such Restricted
Payment will be excluded from the calculation of Available Cash and from the calculation set forth in clause (4)(y)(ii) above and shall not constitute Excluded Contributions; 

  
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 (3)    the defeasance, redemption, repurchase or other
acquisition of Indebtedness of the Issuers that is contractually subordinated to the Notes with the net cash proceeds from a substantially concurrent (not to exceed 120 days following the receipt of such net proceeds) incurrence of Permitted
Refinancing Indebtedness; provided, however, that the amount of any net cash proceeds that are utilized for any such Restricted Payment will be excluded from the calculation of Available Cash; 

(4)    the payment of any dividend (or, in the case of any partnership or limited liability company, any
similar distribution) by a Restricted Subsidiary of Suburban Propane to the holders of its Equity Interests on a pro rata basis; 

(5)    the repurchase, redemption or other acquisition or retirement for value of any Equity Interests of
Suburban Propane or any Restricted Subsidiary of Suburban Propane held by any current or former officer, director or employee of Suburban Propane or any of its Restricted Subsidiaries pursuant to any restricted unit plan, equity subscription
agreement, equity option agreement, shareholders’ agreement or similar agreement; provided, that the aggregate price paid for all such repurchased, redeemed, acquired or retired Equity Interests may not exceed $2.5 million in any
calendar year; 
 (6)    the repurchase of Equity Interests deemed to occur upon the exercise of unit or
stock options to the extent such Equity Interests represent a portion of the exercise price of those options; 

(7)    Restricted Payments that are made with Excluded Contributions; and 

(8)    so long as no Default has occurred and is continuing or would be caused thereby, other Restricted
Payments in an aggregate amount since the date hereof not to exceed $15.0 million. 
 For purposes of determining compliance with this
covenant, if a Restricted Payment meets the criteria of more than one of the exceptions described in clauses (1) through (8) above, or is entitled to be made according to the first paragraph of this covenant, the Issuers may, in their sole
discretion, classify or reclassify such Restricted Payment in any manner that complies with this covenant. 
 The amount of all Restricted
Payments (other than cash) will be the Fair Market Value on the date of the Restricted Payment of the asset(s) or securities proposed to be transferred or issued by Suburban Propane or such Restricted Subsidiary, as the case may be, pursuant to the
Restricted Payment. The Fair Market Value of any assets or securities that are required to be valued by this Section will be determined by the Board of Supervisors of Suburban Propane whose resolution with respect thereto will be delivered to
the Trustee. 

  
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 SECTION 10.09    Dividend and Other Payment Restrictions Affecting
Subsidiaries. 
 (a)    Suburban Propane will not, and will not permit any of its Restricted Subsidiaries to,
directly or indirectly, create or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary to: 

(1)    pay dividends or make any other distributions on its Capital Stock to Suburban Propane or any of its
Restricted Subsidiaries, or with respect to any other interest or participation in, or measured by, its profits, or pay any indebtedness owed to Suburban Propane or any of its Restricted Subsidiaries; 

(2)    make loans or advances to Suburban Propane or any of its Restricted Subsidiaries; or 

(3)    transfer any of its properties or assets to Suburban Propane or any of its Restricted Subsidiaries.

 (b)    The restrictions in Section 10.09(a) will not apply to encumbrances or restrictions existing under or by
reason of: 
 (1)    agreements governing Existing Indebtedness and Credit Facilities (including the
Credit Agreement) as in effect on the date of this Supplemental Indenture and any amendments, modifications, restatements, renewals, increases, supplements, refundings, replacements or refinancings of those agreements; provided, that the
amendments, modifications, restatements, renewals, increases, supplements, refundings, replacement or refinancings are not materially more restrictive, taken as a whole, with respect to such dividend and other payment restrictions than those
contained in those agreements on the date of this Supplemental Indenture; 
 (2)    this Supplemental
Indenture and the Notes; 
 (3)    restrictions in other Indebtedness incurred in compliance with
Section 10.10; provided, such restrictions, taken as a whole, are not materially more restrictive than those contained in the agreements described above; 

(4)    applicable law, rule, regulation or order; 

(5)    customary non-assignment provisions in contracts and
licenses entered into in the ordinary course of business; 
 (6)    purchase money obligations for
property acquired in the ordinary course of business and Capital Lease Obligations or mortgage financings that impose restrictions on the property purchased or leased of the nature described in clause (3) of Section 10.09(a); 

(7)    any agreement or instrument governing Acquired Debt, which encumbrance or restriction is not
applicable to any Person, or the properties or assets of any Person, other than the Person or the properties or assets of the Person so acquired; 

  
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 (8)    any agreement for the sale or other disposition of a
Restricted Subsidiary that restricts distributions by that Restricted Subsidiary pending the sale or other disposition; 

(9)    Liens permitted to be incurred under the provisions of Section 10.13 that limit the right of
the debtor to dispose of the assets subject to such Liens; 
 (10)    provisions limiting the disposition
or distribution of assets or property in joint venture agreements, asset sale agreements, sale-leaseback agreements, stock sale agreements and other similar agreements entered into with the approval of Suburban Propane’s Board of Supervisors,
which limitation is applicable only to the assets that are the subject of such agreements; 

(11)    restrictions on cash or other deposits or net worth imposed by customers under contracts entered
into in the ordinary course of business; and 
 (12)    any instrument governing Indebtedness of a
subsidiary subject to the U.S. Federal Energy Regulatory Commission. 
 SECTION 10.10    Incurrence of Indebtedness
and Issuance of Preferred Stock. 
 (a)    Suburban Propane will not, and will not permit any of its Restricted
Subsidiaries to, directly or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise, with respect to (collectively, “incur”) any Indebtedness (including
Acquired Debt), and Suburban Propane will not issue any Disqualified Stock and will not permit any of its Restricted Subsidiaries to issue any shares of Preferred Stock; provided, however, that Suburban Propane and any of its
Restricted Subsidiaries may incur Indebtedness (including Acquired Debt) or issue Disqualified Stock if the Consolidated Fixed Charge Coverage Ratio for Suburban Propane’s most recently ended four full fiscal quarters for which internal
financial statements are available immediately preceding the date on which such additional Indebtedness is incurred or such Disqualified Stock is issued would have been at least 2.00 to 1.00, determined on a pro forma basis (including a pro forma
application of the net proceeds therefrom), as if the additional Indebtedness had been incurred or Disqualified Stock had been issued, as the case may be, at the beginning of such four-quarter period. 

(b)    The provisions of Section 10.10(a) will not prohibit the incurrence of any of the following items of
Indebtedness (collectively, “Permitted Debt”): 
 (1)    the incurrence by Suburban
Propane and any of its Restricted Subsidiaries of additional Indebtedness and letters of credit under Credit Facilities in an aggregate principal amount at any one time outstanding under this clause (1) (with letters of credit being deemed to have a
principal amount equal to the maximum potential liability of Suburban Propane and its Restricted Subsidiaries thereunder) not to exceed the greater of (x) $800.0 million and (y) the amount of the Borrowing Base as of the date of such
incurrence; 

  
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 (2)    the incurrence by Suburban Propane and any of its
Restricted Subsidiaries of the Existing Indebtedness; 
 (3)    the incurrence by the Issuers of
Indebtedness represented by the Initial Notes; 
 (4)    Indebtedness of Suburban Propane and any of its
Restricted Subsidiaries (including Capital Lease Obligations and Acquired Debt) incurred for the making of expenditures for the improvement or repair, to the extent the improvements or repairs may be capitalized in accordance with GAAP, or
additions, including by way of acquisitions of businesses and related assets, to the property and assets of Suburban Propane and its Restricted Subsidiaries, including, without limitation, the acquisition of assets subject to operating leases or
incurred by assumption in connection with additions, including additions by way of acquisitions or capital contributions of businesses and related assets, to the property and assets of Suburban Propane and its Restricted Subsidiaries;
provided, that the aggregate principal amount of Indebtedness outstanding at any time pursuant to this clause (4), may not exceed the greater of (x) $100.0 million and (y) 7.5% of Consolidated Net Tangible Assets at any one time
outstanding; 
 (5)    the incurrence by Suburban Propane and any of its Restricted Subsidiaries of
Permitted Refinancing Indebtedness in exchange for, or the net proceeds of which are used to refund, refinance, replace, defease or discharge, Indebtedness that was permitted by this Supplemental Indenture to be incurred under Section 10.10(a)
or clauses (2), (3), (5) or (13) of this Section 10.10(b); 
 (6)    the incurrence by Suburban
Propane and any of its Restricted Subsidiaries of intercompany Indebtedness between or among Suburban Propane and any of its Restricted Subsidiaries; provided, however, that: 

(a)    to the extent the aggregate amount of Indebtedness incurred in reliance on this clause
(6) following the date hereof exceeds $25.0 million, if an Issuer is an obligor on such Indebtedness and the payee is not an Issuer or a Guarantor, such Indebtedness must be expressly subordinated to the prior payment in full in cash of
all Obligations then due with respect to the Notes; and 
 (b)    (i) any subsequent issuance or transfer
of Equity Interests that results in any such Indebtedness being held by a Person other than Suburban Propane or a Restricted Subsidiary of Suburban Propane and (ii) any sale or other transfer of any such Indebtedness to a Person that is not
either Suburban Propane or a Restricted Subsidiary of Suburban Propane, will be deemed, in each case, to constitute an incurrence of such Indebtedness by Suburban Propane or such Restricted Subsidiary, as the case may be, that was not permitted by
this clause (6); 

  
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 (7)    the issuance by any of Suburban Propane’s
Restricted Subsidiaries to Suburban Propane or to any of its Restricted Subsidiaries of units or shares of Preferred Stock; provided, however, that: 

(a)    any subsequent issuance or transfer of Equity Interests that results in any such Preferred Stock
being held by a Person other than Suburban Propane or a Restricted Subsidiary of Suburban Propane; and 

(b)    any sale or other transfer of any such Preferred Stock to a Person that is not either Suburban
Propane or a Restricted Subsidiary of Suburban Propane will be deemed, in each case, to constitute an issuance of such Preferred Stock by such Restricted Subsidiary that was not permitted by this clause (7); 

(8)    the incurrence by Suburban Propane and any of its Restricted Subsidiaries of non-speculative Hedging Obligations in the ordinary course of business; 

(9)    the guarantee by the Issuers or any of their Restricted Subsidiaries of Indebtedness of the Issuers
or a Restricted Subsidiary of the Issuers that was permitted to be incurred by another provision of this Section 10.10; provided, that if the Indebtedness being guaranteed is incurred by one or both of the Issuers and is subordinated to
the Notes, then the guarantee of such Indebtedness by any Restricted Subsidiary of the Issuers shall be subordinated to the same extent as the Indebtedness guaranteed; 

(10)    the incurrence by Suburban Propane or any of its Restricted Subsidiaries of Indebtedness arising
from the honoring by a bank or other financial institution of a check, draft or similar instrument drawn against insufficient funds, so long as such Indebtedness is covered within five Business Days; 

(11)    the incurrence by Suburban Propane or any of its Restricted Subsidiaries of Indebtedness arising
from performance bonds, bid bonds, bankers’ acceptances, workers’ compensation, health, disability or other employee benefit claims, surety or appeal bonds, payment obligations in connection with self-insurance or similar obligations and
bank overdrafts (and letters of credit in respect thereof) incurred in the ordinary course of business; 

(12)    the incurrence by Suburban Propane or any of its Restricted Subsidiaries of Indebtedness arising
from indemnities, earn-outs or other similar obligations in respect of purchase price adjustments in connection with the disposition of property or assets or in connection with acquisitions permitted by this Supplemental Indenture; 

(13)    (a) Indebtedness of Suburban Propane or any of its Restricted Subsidiaries acquired after the date
hereof from any Person merged or consolidated with or into Suburban Propane or any of its Restricted Subsidiaries after the date hereof, which Indebtedness, in each case, exists at the time of such acquisition, merger, consolidation or conversion
and is not created in contemplation of such event and where such acquisition, merger or consolidation is otherwise permitted by this Supplemental Indenture; and (b) Indebtedness of Suburban Propane to finance all or a portion of any such
acquisition, merger or consolidation; provided, however, that on a pro forma basis, either (x) Suburban Propane would be permitted to incur at least $1.00 of additional Indebtedness pursuant to the Consolidated Fixed Charge
Coverage Ratio test set forth in Section 10.10(a) hereof or (y) the Consolidated Fixed Charge Coverage Ratio would not be less than immediately prior to such transactions; and 

  
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 (14)    the incurrence by Suburban Propane or any of its
Restricted Subsidiaries of additional Indebtedness in an aggregate principal amount (or accreted value, as applicable) at any time outstanding, including all Permitted Refinancing Indebtedness incurred to refund, refinance, replace, defease or
discharge any Indebtedness incurred pursuant to this clause (14), not to exceed the greater of (x) $75.0 million and (y) 7.5 % of Consolidated Net Tangible Assets. 

The Issuers will not incur any Indebtedness (including Permitted Debt) that is contractually subordinated in right of payment to any other
Indebtedness of the Issuers unless such Indebtedness is also contractually subordinated in right of payment to the Notes on substantially identical terms; provided, however, that no Indebtedness will be deemed to be contractually
subordinated in right of payment to any other Indebtedness of the Issuers solely by virtue of being unsecured or by virtue of being secured on a first or junior Lien basis. 

For purposes of determining compliance with this Section 10.10, in the event that an item of proposed Indebtedness meets the criteria of
more than one of the categories of Permitted Debt described in clauses (1) through (14) of this Section 10.10(b), or is entitled to be incurred pursuant to Section 10.10(a), the Issuers will be permitted to classify such item of
Indebtedness on the date of its incurrence, or later reclassify all or a portion of such item of Indebtedness, in any manner that complies with this Section 10.10; provided, that Indebtedness under Credit Facilities outstanding on the
date on which the Initial Notes were originally issued and authenticated under this Supplemental Indenture was deemed to have been incurred on such date in reliance on the exception provided by Section 10.10(b)(1) hereof and cannot be so
reclassified. The accrual of interest, the accretion or amortization of original issue discount, the payment of interest on any Indebtedness in the form of additional Indebtedness with the same terms, and the payment of dividends on Disqualified
Stock in the form of additional shares of the same class of Disqualified Stock will not be deemed to be an incurrence of Indebtedness or an issuance of Disqualified Stock for purposes of this Section 10.10. Notwithstanding any other provision
of this Section 10.10, the maximum amount of Indebtedness that Suburban Propane or any Restricted Subsidiary may incur pursuant to this covenant shall not be deemed to be exceeded solely as a result of fluctuations in exchange rates or currency
values. 
 The amount of any Indebtedness outstanding as of any date will be: 

(1)    the accreted value of the Indebtedness, in the case of any Indebtedness issued with original issue
discount; 
 (2)    the principal amount of the Indebtedness, in the case of any other Indebtedness; and

  
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 (3)    in respect of Indebtedness of another Person secured
by a Lien on the assets of the specified Person, the lesser of: 
 (a)    the Fair Market Value of such
asset at the date of determination, and 
 (b)    the amount of the Indebtedness of the other Person.

 SECTION 10.11    Asset Sales. 

(a)    Suburban Propane will not, and will not permit any of its Restricted Subsidiaries to, consummate an Asset Sale
unless: 
 (1)    Suburban Propane (or the Restricted Subsidiary, as the case may be) receives
consideration at the time of the Asset Sale at least equal to the Fair Market Value of the assets or Equity Interests issued or sold or otherwise disposed of; and 

(2)    at least 75% of the consideration received in the Asset Sale by Suburban Propane or such Restricted
Subsidiary is in the form of cash. For purposes of this provision, each of the following will be deemed to be cash: 

(i)    any liabilities, as shown on Suburban Propane’s most recent consolidated balance sheet, of
Suburban Propane or any Restricted Subsidiary (other than contingent liabilities and liabilities that are by their terms subordinated to the Notes) that are assumed by the transferee of any such assets pursuant to a customary novation agreement that
releases Suburban Propane or such Restricted Subsidiary from further liability; 
 (ii)    any
securities, notes or other obligations received by Suburban Propane or any such Restricted Subsidiary from such transferee that are converted within 180 days after the date of consummation of such Asset Sale by Suburban Propane or such Restricted
Subsidiary into cash, to the extent of the cash received in that conversion; 
 (iii)    any stock or
assets of the kind referred to in clauses (2) or (4) of Section 10.11(b); and 
 (iv)    any
Designated Non-Cash Consideration received by Suburban Propane or such Restricted Subsidiary in such Asset Sale having an aggregate Fair Market Value, taken together with all other Designated Non-Cash Consideration received pursuant to this clause (iv) that is at such time outstanding, not to exceed an amount equal to the greater of (x) $50.0 million and (y) 5.0% of Consolidated Net Tangible
Assets at the time of the receipt of such Designated Non-Cash Consideration, with the Fair Market Value of each item of Designated Non-Cash Consideration being measured
at the time received and without giving effect to subsequent changes in value. 
 The 75% limitation in clause (2) above will not apply to any Asset
Sale in which the cash portion of the consideration received is equal to or greater than the after-tax proceeds would have been had the Asset Sale complied with the 75% limitation. 

  
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 (b)    Within 360 days after the receipt of any Net Proceeds from an Asset
Sale, Suburban Propane (or the applicable Restricted Subsidiary, as the case may be) may apply those Net Proceeds: 

(1)    to repay Indebtedness of Suburban Propane under a Credit Facility or to repay any Indebtedness of
any Restricted Subsidiary of Suburban Propane; 
 (2)    to acquire, or commit to acquire within 90 days
thereof, all or substantially all of the assets of, or any Capital Stock of, another Permitted Business, if, after giving effect to any such acquisition of Capital Stock, the Permitted Business is or becomes a Restricted Subsidiary of Suburban
Propane; 
 (3)    to make a capital expenditure; and/or 

(4)    to acquire, or commit to acquire within 90 days thereof, other assets that are not classified as
current assets under GAAP and that are used or useful in a Permitted Business; 
 provided that, with respect to any portion of Net Proceeds relating
to clauses (2), (3) and (4) above, the 360-day period provided above shall be extended by an additional 180 days if by not later than the 360th day after receipt of such Net Proceeds, the Issuers or a
Restricted Subsidiary, as applicable, have entered into a binding commitment with a Person other than an Affiliate of the Issuers to make an investment of the type referred to in any of such clauses in the amount of such Net Proceeds. 

Pending the final application of any Net Proceeds, Suburban Propane or any Restricted Subsidiary may temporarily reduce revolving credit borrowings or
otherwise invest the Net Proceeds in any manner that is not prohibited by this Supplemental Indenture. 
 (c)    Any Net
Proceeds from Asset Sales that are not applied or invested as provided in Section 10.11(b) will constitute “Excess Proceeds.” When the aggregate amount of Excess Proceeds exceeds $25.0 million, the Issuers will make an Asset
Sale Offer to all Holders of Notes and all Holders of other Indebtedness that is pari passu with the Notes containing provisions similar to those set forth in this Supplemental Indenture with respect to offers to purchase or redeem with the
proceeds of sales of assets to purchase the maximum principal amount of Notes and such other pari passu Indebtedness that may be purchased out of the Excess Proceeds. The offer price in any Asset Sale Offer will be equal to 100% of principal
amount plus accrued and unpaid interest, to the date of purchase, and will be payable in cash. If any Excess Proceeds remain after consummation of an Asset Sale Offer, the Issuers may use those Excess Proceeds for any purpose not otherwise
prohibited by this Supplemental Indenture. If the aggregate principal amount of Notes and other pari passu Indebtedness tendered into such Asset Sale Offer exceeds the amount of Excess Proceeds, the Trustee will select the Notes and the
Issuers will select such other pari passu Indebtedness to be purchased on a pro rata basis, provided, that Notes held in the form of global certificates will be selected in accordance with the procedures of DTC. Upon completion of each
Asset Sale Offer, the amount of Excess Proceeds will be reset at zero. 

  
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 The Issuers will comply with the requirements of Rule
14e-1 under the Exchange Act and any other securities laws and regulations thereunder to the extent those laws and regulations are applicable in connection with each repurchase of Notes pursuant to an Asset
Sale Offer. To the extent that the provisions of any securities laws or regulations conflict with this Section 10.11 and Section 11.10 of this Supplemental Indenture, the Issuers will comply with the applicable securities laws and
regulations and will not be deemed to have breached their obligations under this Section 10.11 and Section 11.10 of this Supplemental Indenture by virtue of such conflict. 

SECTION 10.12    Transactions with Affiliates. 

(a)    Suburban Propane will not, and will not permit any of its Restricted Subsidiaries to, make any payment to, or sell,
lease, transfer or otherwise dispose of any of its properties or assets to, or purchase any property or assets from, or enter into or make or amend any transaction, contract, agreement, understanding, loan, advance or guarantee with, or for the
benefit of, any Affiliate of Suburban Propane involving aggregate payments of consideration in excess of $2.0 million (each, an “Affiliate Transaction”), unless: 

(1)    the Affiliate Transaction is on terms that are substantially as favorable, taken as a whole, to
Suburban Propane or the relevant Restricted Subsidiary as would be obtainable in a comparable transaction by Suburban Propane or such Restricted Subsidiary with an unrelated Person; and 

(2)    Suburban Propane delivers to the Trustee, with respect to any Affiliate Transaction or series of
related Affiliate Transactions involving aggregate consideration in excess of $50.0 million, a resolution of the Board of Supervisors set forth in an Officers’ Certificate certifying that such Affiliate Transaction complies with this
Section 10.12 and that such Affiliate Transaction has been approved by a majority of the disinterested members of the Board of Supervisors of Suburban Propane. 

(b)    The following items will not be deemed to be Affiliate Transactions and, therefore, will not be subject to the
provisions of Section 10.12(a): 
 (1)    any employment or compensation agreement (including grants
of equity awards), employee benefit plan, officer and director indemnification agreement or insurance or any similar arrangement entered into by Suburban Propane or any of its Restricted Subsidiaries in the ordinary course of business; 

(2)    transactions between or among Suburban Propane and/or its Restricted Subsidiaries; 

(3)    transactions with a Person (other than an Unrestricted Subsidiary of Suburban Propane) that is an
Affiliate of Suburban Propane solely because Suburban Propane owns, directly or through a Restricted Subsidiary, an Equity Interest in, or controls, such Person; 

(4)    payment of supervisors’ or directors’ fees and compensation to Persons who are not
otherwise Affiliates of Suburban Propane; 

  
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 (5)    any issuance of Equity Interests (other than
Disqualified Stock) of Suburban Propane to Affiliates of Suburban Propane; 
 (6)    Restricted Payments
that do not violate Section 10.08 hereof; 
 (7)    loans or advances to employees, directors or
officers in the ordinary course of business not to exceed $1.0 million in the aggregate at any one time outstanding plus advances of out-of-pocket expenses in the
ordinary course of business; 
 (8)    any Affiliate Transaction which constitutes a Permitted
Investment; 
 (9)    any arm’s-length transaction with a non-Affiliate that becomes an Affiliate as a result of such transaction; and 

(10)    the payment of expenses and indemnification or contribution obligations of any Person pursuant to
Suburban Propane’s partnership agreement or the partnership agreement of the Operating Partnership, in each case as in effect on the date of this Supplemental Indenture. 

SECTION 10.13    Liens. Suburban Propane will not create, incur, assume or suffer to exist any Lien securing
Indebtedness incurred by Suburban Propane of any kind on any asset now owned or hereafter acquired, except Permitted Liens, unless the Notes will be secured by such Lien equally and ratably with (or, if such other Indebtedness is contractually
subordinated to the Notes, prior to) all other Indebtedness secured by such Lien for so long as such other Indebtedness is secured by such Lien. 

SECTION 10.14    Business Activities. Suburban Propane will not, and will not permit any of its Restricted
Subsidiaries to, engage in any business other than Permitted Businesses, except to such extent as would not be material to Suburban Propane and its Restricted Subsidiaries taken as a whole. 

SECTION 10.15    Corporate Existence. Subject to Article XIII hereof, Suburban Propane shall do or cause to be done
all things necessary to preserve and keep in full force and effect: 
 (a)    its limited partnership or
corporate existence, and the corporate, partnership or other existence of each of its Subsidiaries, in accordance with the respective organizational documents (as the same may be amended from time to time) of Suburban Propane or any such Subsidiary;
and 
 (b)    the rights (charter and statutory), licenses and franchises of Suburban Propane and its
Subsidiaries; 
 provided, however, that Suburban Propane shall not be required to preserve any such right, license or franchise, or the
corporate, partnership or other existence of any of its Subsidiaries, if its Board of Supervisors shall determine that the preservation thereof is no longer desirable in the conduct of the business of Suburban Propane and its Subsidiaries, taken as
a whole, and that the loss thereof is not adverse in any material respect to the Holders of the Notes. 

  
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 SECTION 10.16    Offer to Repurchase Upon Change of Control. 

(a)    If a Change of Control occurs, the Issuers will make an offer (a “Change of Control Offer”) to each
Holder of Notes to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of each Holder’s Notes at a purchase price in cash equal to 101% of the aggregate principal amount of Notes repurchased plus
accrued and unpaid interest on the Notes repurchased, to the date of purchase, subject to the rights of Holders on the relevant record date to receive interest due on the relevant Interest Payment Date (the “Change of Control
Payment”). Within 30 days following any Change of Control, the Issuers will send a notice to each Holder describing the transaction or transactions that constitute the Change of Control and stating: 

(1)    that the Change of Control Offer is being made pursuant to this Section 10.16 and that all
Notes tendered will be accepted for payment; 
 (2)    the purchase price and the purchase date, which
shall be no earlier than 30 days and no later than 60 days from the date such notice is given (the “Change of Control Payment Date”); 

(3)    that any Note not tendered will continue to accrue interest; 

(4)    that, unless the Issuers default in the payment of the Change of Control Payment, all Notes accepted
for payment pursuant to the Change of Control Offer will cease to accrue interest after the Change of Control Payment Date; 

(5)    that Holders electing to have any Notes purchased pursuant to a Change of Control Offer will be
required to surrender the Notes, with the form entitled “Option of Holder to Elect Purchase” attached to the Notes completed, or transfer by book-entry transfer, to the Paying Agent at the address specified in the notice prior to the close
of business on the third Business Day preceding the Change of Control Payment Date; 
 (6)    that
Holders will be entitled to withdraw their election if the Paying Agent receives, not later than the close of business on the second Business Day preceding the Change of Control Payment Date, a telegram, telex, facsimile transmission or letter
setting forth the name of the Holder, the principal amount of Notes delivered for purchase, and a statement that such Holder is withdrawing his election to have the Notes purchased; and 

(7)    that Holders whose Notes are being purchased only in part will be issued new Notes equal in
principal amount to the unpurchased portion of the Notes surrendered, which unpurchased portion must be equal to $1,000 in principal amount or an integral multiple thereof. 

  
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 The Issuers will comply with the requirements of Rule
14e-l under the Exchange Act and any other securities laws and regulations thereunder to the extent those laws and regulations are applicable in connection with the repurchase of the Notes as a result of a
Change of Control. To the extent that the provisions of any securities laws or regulations conflict with the provisions of this Section 10.16, the Issuers will comply with the applicable securities laws and regulations and will not be deemed to
have breached their obligations under this Section 10.16 by virtue of such compliance. 
 (b)    On the Change of
Control Payment Date, the Issuers will, to the extent lawful: 
 (1)    accept for payment all Notes or
portions of Notes properly tendered pursuant to the Change of Control Offer; 
 (2)    deposit with the
paying agent an amount equal to the Change of Control Payment in respect of all Notes or portions of Notes properly tendered; and 

(3)    deliver or cause to be delivered to the Trustee the Notes properly accepted together with an
Officers’ Certificate stating the aggregate principal amount of Notes or portions of Notes being purchased by the Issuers. 
 The Paying Agent will
promptly mail or send by wire transfer to each Holder of Notes properly tendered the Change of Control Payment for such Notes, and the Trustee will promptly authenticate and mail (or cause to be transferred by book entry) to each Holder a new Note
equal in principal amount to any unpurchased portion of the Notes surrendered, if any; provided, that each new Note will be in a principal amount of $2,000 or an integral multiple of $1,000 in excess thereof. 

(c)    Notwithstanding anything to the contrary in this Section 10.16, the Issuers will not be required to make a
Change of Control Offer upon a Change of Control if (1) a third party makes the Change of Control Offer in the manner, at the times and otherwise in compliance with the requirements set forth in this Section 10.16 applicable to a Change of
Control Offer made by the Issuers and purchases all Notes properly tendered and not withdrawn under the Change of Control Offer, or (2) notice of redemption has been given pursuant to Section 11.08 hereof unless and until there is a
default in payment of the applicable Redemption Price. 
 (d)    Notwithstanding anything to the contrary in this
Supplemental Indenture, the provisions of this Section 10.16 that require the Issuers to make a Change of Control Offer following a Change of Control will be applicable whether or not any other provisions of this Supplemental Indenture are
applicable. 
 (e)    Notwithstanding anything to the contrary herein, a Change of Control Offer may be made in advance
of a Change of Control, and conditioned upon such Change of Control, if a definitive agreement is in place for the Change of Control at the time of the making of the Change of Control Offer. 

(f)    In the event that Holders of not less than 90% of the aggregate principal amount of the Notes then outstanding
accept a Change of Control Offer and the Issuers (or the third party 

  
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making the Change of Control Offer in lieu of the Issuers) purchase all of the Notes held by such Holders, the Issuers will have the right, upon not less than 30 nor more than 60 days’ prior
notice, given not more than 30 days following the purchase pursuant to the Change of Control Offer described above, to redeem all of the Notes that remain outstanding following such purchase at a redemption price equal to the Change of Control
Payment plus, to the extent not included in the Change of Control Payment, accrued and unpaid interest on the Notes that remain outstanding, to the applicable Redemption Date (subject to the right of Holders of record on the relevant record date to
receive interest due on an Interest Payment Date that is on or prior to the Redemption Date). 
 SECTION
10.17    Limitations on Issuances of Guarantees of Indebtedness. Suburban Propane will not permit any of its Restricted Subsidiaries, directly or indirectly, to Guarantee or pledge any assets to secure the payment of any
other Indebtedness of Suburban Propane unless such Restricted Subsidiary simultaneously executes and delivers a supplemental indenture providing for the Guarantee of the payment of the Notes by such Restricted Subsidiary. The Subsidiary Guarantee
will be (1) senior to such Restricted Subsidiary’s Guarantee of or pledge to secure such other Indebtedness if such other Indebtedness is subordinated to the Notes; or (2) pari passu with such Restricted Subsidiary’s
Guarantee of or pledge to secure such other Indebtedness if such other Indebtedness is not subordinated to the Notes. 
 The Subsidiary
Guarantee of a Guarantor will be automatically and unconditionally released: 
 (1)    in connection with
any sale or other disposition of all or substantially all of the assets of that Guarantor (including by way of merger or consolidation) to a Person that is not (either before or after giving effect to such transaction) Suburban Propane or a
Restricted Subsidiary of Suburban Propane, if the sale or other disposition does not violate Section 10.11 of this Supplemental Indenture; 

(2)    in connection with any sale or other disposition of all of the Capital Stock of that Guarantor to a
Person that is not (either before or after giving effect to such transaction) Suburban Propane or a Restricted Subsidiary of Suburban Propane, if the sale or other disposition does not violate Section 10.11 of this Supplemental Indenture; 

(3)    if Suburban Propane designates any Restricted Subsidiary that is a Guarantor to be an Unrestricted
Subsidiary in accordance with the applicable provisions of this Supplemental Indenture; 
 (4)    upon
legal defeasance or satisfaction and discharge of the Notes as provided in Article XIII and Section 4.01 of this Supplemental Indenture; or 

(5)    if such Guarantor is released from the underlying guarantee of Indebtedness giving rise to the
execution of a Subsidiary Guarantee. 
 The form of the Subsidiary Guarantee and the related form of supplemental indenture are attached
hereto as Exhibits B and C, respectively. Notwithstanding the foregoing, if one or both of the Issuers Guarantee Indebtedness incurred by any of their Restricted Subsidiaries, such Guarantee by the Issuers will not require any
Restricted Subsidiary to provide a Subsidiary Guarantee for the Notes. 

  
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 SECTION 10.18    Payments for Consent. Suburban Propane will not, and
will not permit any of its Restricted Subsidiaries to, directly or indirectly, pay or cause to be paid any consideration to or for the benefit of any Holder of Notes for or as an inducement to any consent, waiver or amendment of any of the terms or
provisions of this Supplemental Indenture or the Notes unless such consideration is offered to be paid and is paid to all Holders of the Notes that consent, waive or agree to amend in the time frame set forth in the solicitation documents relating
to such consent, waiver or agreement. 
 SECTION 10.19    Existence of Corporate
Co-Issuer. Suburban Propane will always maintain, directly or indirectly, a Wholly Owned Restricted Subsidiary of Suburban Propane organized as a corporation under the laws of the United States of America,
any state thereof or the District of Columbia that will serve as a co-obligor of the Notes unless Suburban Propane is itself a corporation under the laws of the United States of America, any state thereof or
the District of Columbia. 
 SECTION 10.20    Designation of Restricted and Unrestricted Subsidiaries. The Board
of Supervisors of Suburban Propane may designate any of its Restricted Subsidiaries, other than the Operating Partnership or Finance Corp., to be an Unrestricted Subsidiary if that designation would not cause a Default. That designation will only be
permitted if the Investment would be permitted at that time and if the Restricted Subsidiary otherwise meets the definition of an Unrestricted Subsidiary. The Board of Supervisors of Suburban Propane may redesignate any Unrestricted Subsidiary to be
a Restricted Subsidiary if that redesignation would not cause a Default. 
 Any designation of a Subsidiary of Suburban Propane as an
Unrestricted Subsidiary will be evidenced to the Trustee by filing with the Trustee a certified copy of the Board Resolution giving effect to such designation and an Officers’ Certificate certifying that such designation complied with the
preceding conditions. If, at any time, any Unrestricted Subsidiary would fail to meet the preceding requirements as an Unrestricted Subsidiary, it will thereafter cease to be an Unrestricted Subsidiary for purposes of this Supplemental Indenture and
any Indebtedness of such Subsidiary will be deemed to be incurred by a Restricted Subsidiary of Suburban Propane as of such date and, if such Indebtedness is not permitted to be incurred as of such date under Section 10.10 hereof, Suburban
Propane will be in default of Section 10.10. The Board of Supervisors of Suburban Propane may at any time designate any Unrestricted Subsidiary to be a Restricted Subsidiary; provided, that such designation will be deemed to be an
incurrence of Indebtedness by a Restricted Subsidiary of Suburban Propane of any outstanding Indebtedness of such Unrestricted Subsidiary and such designation will only be permitted if (1) such Indebtedness is permitted under Section 10.10
hereof, calculated on a pro forma basis as if such designation had occurred at the beginning of the four-quarter reference period; and (2) no Default or Event of Default would be in existence following such designation. 

SECTION 10.21    Calculation of Original Issue Discount. The Issuers shall file with the Trustee promptly after the
issuance of any Notes pursuant to this Supplemental Indenture, (i) a written notice specifying the amount of original issue discount (including a depreciation schedule, daily rates and accrual periods) accrued on Outstanding Notes as of such
date and (ii) such other specific information relating to such original issue discount as may then be relevant under the Code. 

  
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 ARTICLE XI 

Redemption of Notes 

SECTION 11.01    Applicability of Article. Notes which are redeemable before their Stated Maturity shall be
redeemable in accordance with their terms and in accordance with this Article. 
 SECTION 11.02    Election to
Redeem; Notice to Trustee. The election of the Issuers to redeem any Notes shall be evidenced by Board Resolutions. If the Issuers shall desire to exercise the right to redeem all, or, as the case may be, any part of the Notes, the Issuers
shall, at least 30 days but no more than 60 days prior to the Redemption Date fixed by the Issuers, notifying the Trustee of such Redemption Date and of the principal amount of Notes to be redeemed. In the case of any redemption of Notes prior
to the expiration of any restriction on such redemption provided in the terms of such Notes or elsewhere in this Supplemental Indenture, the Issuers shall furnish the Trustee with an Officers’ Certificate evidencing compliance with such
restriction. 
 SECTION 11.03    Selection by Trustee of Notes to be Redeemed. If less than all of the Notes are
to be redeemed at any time, Notes will be selected for redemption as follows: 
 (1)    if the Notes are
listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed; or 

(2)    if the Notes are not listed on any national securities exchange, on a pro rata basis, by lot or by
such method as the Trustee deems fair and appropriate, provided, that Notes held in the form of global certificates will be selected in accordance with the procedures of DTC. 

No Notes of $2,000 or less can be redeemed in part. 

The Trustee shall promptly notify the Issuers in writing of the Notes selected for redemption and, in the case of any Notes selected for
partial redemption, the principal amount thereof to be redeemed, except with respect to any Notes held in the form of global certificates and which have been selected in accordance with the procedures of DTC. 

For all purposes of this Supplemental Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes
shall relate, in the case of any Notes redeemed or to be redeemed only in part, to the portion of the principal amount of such Notes which has been or is to be redeemed. 

  
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 SECTION 11.04    Notice of Redemption. 

(a)    Notice of redemption will be delivered by electronic means in accordance with DTC’s standard procedures, as
provided in Section 2.06, at least 30 but not more than 60 days before the Redemption Date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be delivered more than 60 days prior to a Redemption
Date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Supplemental Indenture in accordance with Articles IV or XIII of this Supplemental Indenture. Any redemption or notice described in
Article XI hereof may, at Suburban Propane’s discretion, be subject to one or more conditions precedent. 
 If any Note is to be
redeemed in part only, the notice of redemption that relates to that Note will state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note will be
issued in the name of the Holders of such Notes upon cancellation of the original Notes. Notes called for redemption become due on the date fixed for redemption (subject to satisfaction of any conditions precedent specified in the notice of
redemption). On and after the Redemption Date, interest ceases to accrue on Notes or portions of them called for redemption. 

(b)    Each such notice of redemption shall specify the Redemption Date, the Redemption Price, the Place or Places of
Payment, that the Notes are being redeemed at the option of the Issuers pursuant to provisions contained in the terms of the Notes or in this Supplemental Indenture, together with a brief statement of the facts permitting such redemption, that on
the Redemption Date the Redemption Price will become due and payable upon each Note redeemed, that payment will be made upon presentation and surrender of the applicable Notes, that any interest accrued to the Redemption Date will be paid as
specified in said notice, and that on and after said Redemption Date any interest thereon or on the portions thereof to be redeemed will cease to accrue. If less than all the Notes are to be redeemed, the notice of redemption shall specify the
registration and, if any, CUSIP numbers of the Notes to be redeemed. In case any Note is to be redeemed in part only, the notice of redemption shall state the portion of the principal amount thereof to be redeemed and shall state that on and after
the Redemption Date, upon surrender of such Note, a new Note or Notes in principal amount equal to the unredeemed portion thereof will be issued, or, in the case of Notes providing appropriate space for such notation, at the option of the Holders,
the Trustee, in lieu of delivering a new Note or Notes as aforesaid, may make a notation on such Note of the payment of the redeemed portion thereof. 

(c)    Notice of redemption of Notes to be redeemed at the election of the Issuers shall be given by the Issuers or, at
the Issuers’ request delivered at least 5 Business Days before the date such notice is to be given (unless a shorter period shall be acceptable to the Trustee), by the Trustee in the name and at the expense of the Issuers. 

(d)    If any condition stated in the notice of redemption shall not have been satisfied on or prior to the Redemption
Date, said notice shall be of no force and effect, the Issuers shall not be required to redeem the Notes thereby called for redemption, such Notes shall not become due and payable, and the redemption shall be cancelled. The Issuers shall promptly
notify the Trustee of any failure of a condition and the Trustee shall give notice to the Noteholders in the same manner in which the notice of redemption was given, that such condition or conditions were not met and that the redemption was
cancelled. 

  
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 SECTION 11.05    Deposit of Redemption Price. On or before 10:00 a.m.
Eastern Time on any Redemption Date, Suburban Propane shall deposit with the Trustee or with a Paying Agent (or, if Suburban Propane is acting as its own paying Agent, segregate and hold in trust) an amount of money sufficient to pay the Redemption
Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on, all the Notes which are to be redeemed on that date. The Trustee or the Paying Agent will promptly upon written request return to Suburban Propane
any money deposited with the Trustee or the Paying Agent by Suburban Propane in excess of the amounts necessary to pay the Redemption Price and (except if the Redemption Date shall be an Interest Payment Date) any accrued interest on, all the Notes
which are to be redeemed on that date, if any. 
 SECTION 11.06    Notes Payable on Redemption Date. 

(a)    Notice of redemption having been given as aforesaid, the Notes so to be redeemed shall, on the Redemption Date
(subject to satisfaction of any applicable conditions precedent), become due and payable at the Redemption Price therein specified, and from and after such date (unless the Issuers shall default in the payment of the Redemption Price and accrued
interest or the redemption shall be cancelled because of a failure of a condition precedent) such Notes shall cease to bear interest. Upon surrender of any such Note for redemption in accordance with said notice (and, as applicable, satisfaction of
any conditions precedent to redemption), such Note shall be paid by the Issuers at the Redemption Price, together with accrued interest to the Redemption Date; provided, however, that unless otherwise specified as contemplated by
Section 3.11, installments of interest on Notes whose Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Notes, or one or more Predecessor Notes, registered as such at the close of business on the
relevant Record Dates according to their terms and the provisions of Section 3.06. 
 (b)    If any Note called for
redemption shall not be so paid upon surrender thereof for redemption, the principal and any premium shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor in the Note. 

SECTION 11.07    Notes Redeemed in Part. Any Note which is to be redeemed only in part shall be surrendered at a
Place of Payment therefor (with, if the Issuers or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Issuers and the Trustee duly executed by, the Holder thereof or his attorney duly
authorized in writing), and the Issuers shall execute, and the Trustee shall authenticate and make available for delivery to the Holder of such Note without service charge, a new Note or Notes of the same series and Stated Maturity, of any
authorized denomination as requested by such Holder, in aggregate principal amount equal to and in exchange for the unredeemed portion of the principal of the Note so surrendered or, in the case of Notes providing appropriate space for such
notation, at the option of the Holder, the Trustee, in lieu of delivering a new Note or Notes as aforesaid, may make a notation on such Note of the Payment of the redeemed portion thereof. 

SECTION 11.08    Optional Redemption. 

(a)    At any time prior to March 1, 2020, the Issuers may on any one or more occasions redeem up to 35% of the
aggregate principal amount of Notes issued under this Supplemental 

  
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Indenture at a Redemption Price of 105.875% of the principal amount thereof, plus accrued and unpaid interest, if any, to the applicable Redemption Date, with the net cash proceeds of one or more
Equity Offerings; provided, that: 
 (i)    at least 65% of the aggregate principal amount of
Notes originally issued under this Supplemental Indenture (excluding Notes held by Suburban Propane and its Subsidiaries or by the General Partner of Suburban Propane) remains outstanding immediately after the occurrence of such redemption; and 

(ii)    the redemption occurs within 180 days of the date of the closing of such Equity Offering. 

(b)    On or after March 1, 2022, the Issuers may redeem all or a part of the Notes upon not less than 30 nor more
than 60 days’ notice (which notice, for the avoidance of doubt, may be provided prior to the first Redemption Date set forth below), at the Redemption Prices (expressed as percentages of principal amount) set forth below plus accrued and unpaid
interest on the Notes redeemed, to the applicable Redemption Date, if redeemed during the twelve-month period beginning on March 1 of the years indicated below (subject to the rights of Holders on the
relevant record date to receive interest on the relevant Interest Payment Date): 
  

					
	Year	  	Percentage	 
	 2022
	  	 	102.938	% 
	 2023
	  	 	101.958	% 
	 2024
	  	 	100.979	% 
	 2025 and thereafter
	  	 	100.000	% 

 (c)    Notwithstanding the provisions contained in paragraphs (a) and (b) of this
Section 11.08, the Issuers may redeem the Notes, in whole or in part, at any time prior to March 1, 2022, upon not less than 30 nor more than 60 days’ notice (which notice, for the avoidance of doubt, may be provided prior to the
first Redemption Date set forth above), at a Redemption Price equal to 100% of the principal amount of the Notes redeemed plus the Applicable Premium as of, and accrued and unpaid interest, if any, to, the applicable Redemption Date (subject to the
right of Holders on the relevant record date to receive interest due on the relevant Interest Payment Date). 

(d)    Any redemption pursuant to this Section 11.08 shall be made pursuant to the provisions of Article XI hereof.

 (e)    Unless the Issuers default in the payment of the Redemption Price (or the redemption is cancelled because of a
failure of a condition precedent), interest will cease to accrue on the Notes or portions thereof called for redemption on the applicable Redemption Date. 

SECTION 11.09    Mandatory Redemption. The Issuers are not required to make mandatory redemption or sinking fund
payments with respect to the Notes. 

  
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 SECTION 11.10    Offer to Purchase by Application of Excess Proceeds.
In the event that, pursuant to Section 10.11 hereof, Suburban Propane is required to commence an offer to all Holders to purchase Notes (an “Asset Sale Offer”), it will follow the procedures specified below. 

The Asset Sale Offer shall be made to all Holders and all holders of other Indebtedness that is pari passu with the Notes containing
provisions similar to those set forth in this Supplemental Indenture with respect to offers to purchase or redeem with the proceeds of sales of assets. The Asset Sale Offer will remain open for a period of at least 20 Business Days following its
commencement and not more than 30 Business Days, except to the extent that a longer period is required by applicable law (the “Offer Period”). No later than three Business Days after the termination of the Offer Period (the
“Purchase Date”), Suburban Propane will apply all Excess Proceeds (the “Offer Amount”) to the purchase of Notes and such other pari passu Indebtedness (on a pro rata basis, if applicable) or, if less than the
Offer Amount has been tendered, all Notes and other Indebtedness tendered in response to the Asset Sale Offer. Payment for any Notes so purchased will be made in the same manner as interest payments are made. 

If the Purchase Date is on or after an interest record date and on or before the related interest payment date, any accrued and unpaid
interest will be paid to the Person in whose name a Note is registered at the close of business on such record date, and no additional interest will be payable to Holders who tender Notes pursuant to the Asset Sale Offer. 

Upon the commencement of an Asset Sale Offer, Suburban Propane will send, by first class mail, a notice to the Trustee and each of the
Holders, with a copy to the Trustee. The notice will contain all instructions and materials necessary to enable such Holders to tender Notes pursuant to the Asset Sale Offer. The notice, which will govern the terms of the Asset Sale Offer, will
state: 
 (a)    that the Asset Sale Offer is being made pursuant to this Section 11.10 and
Section 10.11 hereof and the length of time the Asset Sale Offer will remain open; 
 (b)    the
Offer Amount, the purchase price and the Purchase Date; 
 (c)    that any Note not tendered or accepted
for payment will continue to accrue interest; 
 (d)    that, unless Suburban Propane defaults in making
such payment, any Note accepted for payment pursuant to the Asset Sale Offer will cease to accrue interest after the Purchase Date; 

(e)    that Holders electing to have a Note purchased pursuant to an Asset Sale Offer may elect to have
Notes purchased in whole multiples of $2,000 or an integral multiple of $1,000 in excess thereof; 

(f)    that Holders electing to have Notes purchased pursuant to any Asset Sale Offer will be required to
surrender the Note, with the form entitled “Option of Holder to Elect Purchase” attached to the Notes completed, or transfer by book-entry transfer, to Suburban Propane, a Depositary, if appointed by Suburban Propane, or a Paying Agent at
the address specified in the notice at least three Business Days before the Purchase Date; 

  
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 (g)    that Holders will be entitled to withdraw their
election if Suburban Propane, the Depositary or the Paying Agent, as the case may be, receives, not later than the expiration of the Offer Period, a telegram, telex, facsimile transmission or letter setting forth the name of the Holder, the
principal amount of the Note the Holder delivered for purchase and a statement that such Holder is withdrawing his election to have such Note purchased; 

(h)    that, if the aggregate principal amount of Notes and other pari passu Indebtedness
surrendered by holders thereof exceeds the Offer Amount, the Trustee, subject to the procedures of DTC, will select the Notes and the Issuers will select the other pari passu Indebtedness to be purchased on a pro rata basis based on the
principal amount of Notes and such other pari passu Indebtedness surrendered (with such adjustments as may be deemed appropriate by Suburban Propane so that only Notes in denominations of whole multiples of $2,000 or an integral multiple of
$1,000 in excess thereof, will be purchased); and 
 (i)    that Holders whose Notes were purchased only
in part will be issued new Notes equal in principal amount to the unpurchased portion of the Notes surrendered (or transferred by book-entry transfer). 

On or before the Purchase Date, Suburban Propane will, to the extent lawful, accept for payment, on a pro rata basis to the extent necessary,
the Offer Amount of Notes or portions thereof tendered pursuant to the Asset Sale Offer, or if less than the Offer Amount has been tendered, all Notes tendered, and will deliver or cause to be delivered to the Trustee the Notes properly accepted
together with an Officers’ Certificate stating that such Notes or portions thereof were accepted for payment by the Issuers in accordance with the terms of this Section 11.10. Suburban Propane, the Depositary or the Paying Agent, as the
case may be, will promptly (but in any case not later than five days after the Purchase Date) mail or deliver to each tendering Holder an amount equal to the purchase price of the Notes tendered by such Holder and accepted by the Issuers for
purchase, and the Issuers, will promptly issue a new Note, and the Trustee, upon written request from Suburban Propane will authenticate and mail or deliver (or cause to be transferred by book entry) such new Note to such Holder, in a principal
amount equal to any unpurchased portion of the Note surrendered. Any Note not so accepted shall be promptly mailed or delivered by the Issuers to the Holder thereof. Suburban Propane will publicly announce the results of the Asset Sale Offer on the
Purchase Date. 
 Other than as specifically provided in this Section 11.10, any purchase pursuant to this Section 11.10 shall be
made pursuant to the provisions of Article XI hereof. 

  
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 ARTICLE XII 

Subsidiary Guarantees 

SECTION 12.01    Guarantee. 

(a)    Subject to Section 10.17 and this Article XII, each of the Guarantors hereby, jointly and severally,
unconditionally guarantees to each Holder of a Note authenticated and delivered by the Trustee and to the Trustee and its successors and assigns, irrespective of the validity and enforceability of this Supplemental Indenture, the Notes or the
obligations of the Issuers hereunder or thereunder, that: 
 (i)    the principal of, premium and
interest on the Notes will be promptly paid in full when due, subject to any applicable grace period, whether at maturity, by acceleration, redemption or otherwise, and interest on the overdue principal of and interest on the Notes, if any, if
lawful, and all other obligations of the Issuers to the Holders or the Trustee hereunder or thereunder will be promptly paid in full or performed, all in accordance with the terms hereof and thereof; and 

(ii)    in case of any extension of time of payment or renewal of any Notes or any of such other
obligations, that same will be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, whether at stated maturity, by acceleration or otherwise. 

Failing payment when due of any amount so guaranteed or any performance so guaranteed for whatever reason, the Guarantors will be jointly and
severally obligated to pay the same immediately. Each Guarantor agrees that this is a guarantee of payment and not a guarantee of collection. 

(b)    The Guarantors hereby agree that their obligations hereunder are unconditional, irrespective of the validity,
regularity or enforceability of the Notes or this Supplemental Indenture, the absence of any action to enforce the same, any waiver or consent by any Holder of the Notes with respect to any provisions hereof or thereof, the recovery of any judgment
against Suburban Propane, any action to enforce the same or any other circumstance which might otherwise constitute a legal or equitable discharge or defense of a guarantor. Each Guarantor hereby waives diligence, presentment, demand of payment,
filing of claims with a court in the event of insolvency or bankruptcy of the Issuers, any right to require a proceeding first against the Issuers, protest, notice and all demands whatsoever and covenant that this Subsidiary Guarantee will not be
discharged except by complete performance of the obligations contained in the Notes and this Supplemental Indenture. 

(i)    If any Holder or the Trustee is required by any court or otherwise to return to the Issuers, the
Guarantors or any custodian, trustee, liquidator or other similar official acting in relation to either Suburban Propane or the Guarantors, any amount paid by either to the Trustee or such Holder, this Subsidiary Guarantee, to the extent theretofore
discharged, will be reinstated in full force and effect. 
 (ii)    Each Guarantor agrees that it will
not be entitled to any right of subrogation in relation to the Holders in respect of any obligations guaranteed hereby until payment in full of all obligations guaranteed hereby. Each Guarantor further agrees that, as between the Guarantors, on the
one hand, and the Holders and the Trustee, on the other hand, (1) the maturity of the obligations guaranteed hereby may be accelerated as provided in Article V hereof for the purposes of this Subsidiary Guarantee, notwithstanding any

  
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stay, injunction or other prohibition preventing such acceleration in respect of the obligations guaranteed hereby, and (2) in the event of any declaration of acceleration of such
obligations as provided in Article V hereof, such obligations (whether or not due and payable) will forthwith become due and payable by the Guarantors for the purpose of this Subsidiary Guarantee. The Guarantors will have the right to seek
contribution from any non-paying Guarantor so long as the exercise of such right does not impair the rights of the Holders under the Subsidiary Guarantee. 

SECTION 12.02    Limitation on Guarantor Liability. Each Guarantor, and by its acceptance of Notes, each Holder,
hereby confirms that it is the intention of all such parties that the Subsidiary Guarantee of such Guarantor not constitute a fraudulent transfer or conveyance for purposes of Bankruptcy Law, the Uniform Fraudulent Conveyance Act, the Uniform
Fraudulent Transfer Act or any similar federal or state law to the extent applicable to any Subsidiary Guarantee. To effectuate the foregoing intention, the Trustee, the Holders and the Guarantors hereby irrevocably agree that the obligations of
such Guarantor will be limited to the maximum amount that will, after giving effect to such maximum amount and all other contingent and fixed liabilities of such Guarantor that are relevant under such laws, and after giving effect to any collections
from, rights to receive contribution from or payments made by or on behalf of any other Guarantor in respect of the obligations of such other Guarantor under this Article XII, result in the obligations of such Guarantor under its Subsidiary
Guarantee not constituting a fraudulent transfer or conveyance. 
 SECTION 12.03    Execution and Delivery of
Subsidiary Guarantee. To evidence its Subsidiary Guarantee set forth in Section 12.01 hereof, each Guarantor hereby agrees that a notation of such Subsidiary Guarantee substantially in the form attached as Exhibit B hereto will be
endorsed by an Officer of such Guarantor on each Note authenticated and delivered by the Trustee and that this Supplemental Indenture will be executed on behalf of such Guarantor by one of its Officers. 

Each Guarantor hereby agrees that its Subsidiary Guarantee set forth in Section 12.01 hereof will remain in full force and effect
notwithstanding any failure to endorse on each Note a notation of such Subsidiary Guarantee. 
 If an Officer whose signature is on this
Supplemental Indenture or on the Subsidiary Guarantee no longer holds that office at the time the Trustee authenticates the Note on which a Subsidiary Guarantee is endorsed, the Subsidiary Guarantee will be valid nevertheless. 

The delivery of any Note by the Trustee, after the authentication thereof hereunder, will constitute due delivery of the Subsidiary Guarantee
set forth in this Supplemental Indenture on behalf of the Guarantors. 
 In the event that Suburban Propane or any of its Restricted
Subsidiaries creates or acquires any Subsidiary after the date of this Supplemental Indenture, if required by Section 10.17 hereof, the Issuers will cause such Subsidiary to comply with the provisions of Section 10.17 hereof and this
Article XII, to the extent applicable. 

  
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 SECTION 12.04    Guarantors May Consolidate, etc., on Certain Terms.
Except as otherwise provided in Section 12.05 hereof, no Guarantor may sell or otherwise dispose of all or substantially all of its assets to, or consolidate with or merge with or into (whether or not such Guarantor is the surviving Person)
another Person, other than Suburban Propane or another Guarantor, unless: 
 (a)    immediately after
giving effect to such transaction, no Default or Event of Default exists; and 
 (b)    either: 

(i)    subject to Section 12.05 hereof, the Person acquiring the property in any such sale or
disposition or the Person formed by or surviving any such consolidation or merger unconditionally assumes all the obligations of that Guarantor, pursuant to a supplemental indenture in form reasonably satisfactory to the Trustee, under this
Supplemental Indenture and the Subsidiary Guarantee on the terms set forth herein or therein; or 

(ii)    the Net Proceeds of such sale or other disposition are applied in accordance with the applicable
provisions of this Supplemental Indenture, including without limitation, Section 10.11 hereof. 
 In case of any such consolidation,
merger, sale or conveyance and upon the assumption by the successor Person, by supplemental indenture, executed and delivered to the Trustee and satisfactory in form to the Trustee, of the Subsidiary Guarantee endorsed upon the Notes and the due and
punctual performance of all of the covenants and conditions of this Supplemental Indenture to be performed by the Guarantor, such successor Person will succeed to and be substituted for the Guarantor with the same effect as if it had been named
herein as a Guarantor. Such successor Person thereupon may cause to be signed any or all of the Subsidiary Guarantees to be endorsed upon all of the Notes issuable hereunder which theretofore shall not have been signed by the Issuers and delivered
to the Trustee. All the Subsidiary Guarantees so issued will in all respects have the same legal rank and benefit under this Supplemental Indenture as the Subsidiary Guarantees theretofore and thereafter issued in accordance with the terms of this
Supplemental Indenture as though all of such Subsidiary Guarantees had been issued at the date of the execution hereof. 
 Except as set
forth in Articles VIII and X hereof, and notwithstanding clauses (a) and (b) above, nothing contained in this Supplemental Indenture or in any of the Notes will prevent any consolidation or merger of a Guarantor with or into Suburban
Propane or another Guarantor, or will prevent any sale or conveyance of the property of a Guarantor as an entirety or substantially as an entirety to Suburban Propane or another Guarantor. 

SECTION 12.05    Releases. The Subsidiary Guarantee of a Guarantor will be automatically and unconditionally
released: 
 (a)    in connection with any sale or other disposition of all or substantially all of the
assets of that Guarantor (including by way of merger or consolidation) to a Person 

  
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that is not (either before or after giving effect to such transaction) Suburban Propane or a Restricted Subsidiary of Suburban Propane, if the sale or other disposition does not violate Sections
10.10 or 11.10 of this Supplemental Indenture; 
 (b)    in connection with any sale or other disposition
of all of the Capital Stock of that Guarantor to a Person that is not (either before or after giving effect to such transaction) Suburban Propane or a Restricted Subsidiary of Suburban Propane, if the sale or other disposition does not violate
Sections 10.10 or 11.10 of this Supplemental Indenture; 
 (c)    if Suburban Propane designates any
Restricted Subsidiary that is a Guarantor to be an Unrestricted Subsidiary in accordance with the applicable provisions of this Supplemental Indenture; 

(d)    upon Legal Defeasance or satisfaction and discharge of the Supplemental Indenture in respect of the
Notes as provided in Section 13.02 and Article IV of this Supplemental Indenture; or 
 (e)    if
such Guarantor is released from the underlying guarantee of Indebtedness giving rise to the execution of a Subsidiary Guarantee. 
 Any
Guarantor not released from its obligations under its Subsidiary Guarantee as provided in this Section 12.05 will remain liable for the full amount of principal of and interest on the Notes and for the other obligations of any Guarantor under
this Supplemental Indenture as provided in this Article XII. 
 ARTICLE XIII 

Legal Defeasance and Covenant Defeasance 

SECTION 13.01    Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers may, at the option of the
Board of Supervisors of Suburban Propane evidenced by a resolution set forth in an Officers’ Certificate, and at any time, elect to have either Section 13.02 or 13.03 hereof be applied to all outstanding Notes upon compliance with the
conditions set forth below in this Article XIII. 
 SECTION 13.02    Legal Defeasance and Discharge. Upon the
Issuers’ exercise under Section 13.01 hereof of the option applicable to this Section 13.02, the Issuers will, subject to the satisfaction of the conditions set forth in Section 13.04 hereof, be deemed to have been discharged
from their obligations with respect to all outstanding Notes on the date the conditions set forth below are satisfied (hereinafter, “Legal Defeasance”). For this purpose, Legal Defeasance means that the Issuers will be deemed to
have paid and discharged the entire Indebtedness represented by the outstanding Notes, which will thereafter be deemed to be “outstanding” only for the purposes of Section 13.05 hereof and the other Sections of this Supplemental
Indenture referred to in clauses (a) and (b) below, and to have satisfied all their other obligations under such Notes and this Supplemental Indenture (and the Trustee, on demand of and at the expense of Suburban Propane, shall execute proper
instruments acknowledging the same), except for the following provisions which will survive until otherwise terminated or discharged hereunder: 

(a)    the rights of Holders of Notes to receive payments in respect of the principal of, or interest or
premium on such Notes when such payments are due from the trust referred to in Section 13.04 hereof; 

  
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 (b)    the Issuers’ obligations with respect to such
Notes under Article III and Section 10.02 hereof; 
 (c)    the rights, powers, trusts, duties and
immunities of the Trustee hereunder and the Issuers’ obligations in connection therewith; and 

(d)    this Article XIII. 

Subject to compliance with this Article XIII, the Issuers’ may exercise their option under this Section 13.02 notwithstanding the
prior exercise of their option under Section 13.03 hereof. 
 SECTION 13.03    Covenant Defeasance. Upon the
Issuers’ exercise under Section 13.01 hereof of the option applicable to this Section 13.03, the Issuers will, subject to the satisfaction of the conditions set forth in Section 13.04 hereof, be released from their obligations
under the covenants contained in Sections 10.03, 10.05, 10.08, 10.09, 10.10, 10.11, 10.12, 10.13, 10.14, 10.15 (except with respect to the existence of each Issuer), 10.16, 10.17, 10.18, 10.20 and 11.10 hereof and Section 8.01(a)(iv)
hereof with respect to the outstanding Notes on and after the date the conditions set forth in Section 13.04 hereof are satisfied (hereinafter, “Covenant Defeasance”), and the Notes will thereafter be deemed not
“outstanding” for the purposes of any direction, waiver, consent or declaration or act of Holders (and the consequences of any thereof) in connection with such covenants, but will continue to be deemed “outstanding” for all other
purposes hereunder (it being understood that such Notes will not be deemed outstanding for accounting purposes). For this purpose, Covenant Defeasance means that, with respect to the outstanding Notes, the Issuers may omit to comply with and will
have no liability in respect of any term, condition or limitation set forth in any such covenant, whether directly or indirectly, by reason of any reference elsewhere herein to any such covenant or by reason of any reference in any such covenant to
any other provision herein or in any other document and such omission to comply will not constitute a Default or an Event of Default under Section 5.01 hereof, but, except as specified above, the remainder of this Supplemental Indenture and
such Notes will be unaffected thereby. In addition, upon the Issuers’ exercise under Section 13.01 hereof of the option applicable to this Section 13.03 hereof, subject to the satisfaction of the conditions set forth in
Section 13.04 hereof, Section 5.01(c) through 5.01(f) hereof will not constitute Events of Default. 
 SECTION
13.04    Conditions to Legal or Covenant Defeasance. In order to exercise either Legal Defeasance or Covenant Defeasance under either Section 13.02 or 13.03 hereof: 

(a)    the Issuers must irrevocably deposit with the Trustee, in trust, for the benefit of the Holders of
the Notes, cash in U.S. dollars, non-callable Government Securities, or a combination of cash in U.S. dollars and non-callable Government Securities, in amounts as will
be sufficient, in the opinion of a nationally recognized investment bank, appraisal firm, or firm of independent public accountants, to pay the principal of, or interest and premium, if any, on the Notes on the Stated Maturity or on the applicable
Redemption Date, as the case may be, and the Issuers must specify whether the Notes are being defeased to maturity or to a particular Redemption Date; 

  
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 (b)    in the case of a Legal Defeasance, the Issuers must
deliver to the Trustee an Opinion of Counsel reasonably acceptable to the Trustee confirming that (i) the Issuers have received from, or there has been published by, the Internal Revenue Service a ruling or (ii) since the date of this
Supplemental Indenture, there has been a change in the applicable federal income tax law, in either case to the effect that, and based thereon such Opinion of Counsel shall confirm that, the Holders of the Notes will not recognize income, gain or
loss for federal income tax purposes as a result of such Legal Defeasance and will be subject to federal income tax on the same amounts, in the same manner and at the same times as would have been the case if such Legal Defeasance had not occurred;

 (c)    in the case of Covenant Defeasance, the Issuers must deliver to the Trustee an Opinion of
Counsel reasonably acceptable to the Trustee confirming that the Holders of the Notes will not recognize income, gain or loss for federal income tax purposes as a result of such Covenant Defeasance and will be subject to federal income tax on the
same amounts, in the same manner and at the same times as would have been the case if such Covenant Defeasance had not occurred; 

(d)    no Default or Event of Default shall have occurred and be continuing on the date of such deposit
(other than a Default or Event of Default resulting from the borrowing of funds to be applied to such deposit and the grant of any Lien securing such borrowing); 

(e)    such Legal Defeasance or Covenant Defeasance will not result in a breach or violation of, or
constitute a default under, any material agreement or instrument (other than this Supplemental Indenture) to which Suburban Propane or any of its Subsidiaries is a party or by which Suburban Propane or any of its Subsidiaries is bound; 

(f)    the Issuers must deliver to the Trustee an Officers’ Certificate stating that the deposit was
not made by the Issuers with the intent of preferring the Holders of Notes over the other creditors of the Issuers with the intent of defeating, hindering, delaying or defrauding creditors of the Issuers or others; 

(g)    the Issuers must deliver to the Trustee an Officers’ Certificate and an Opinion of Counsel,
each stating that all conditions precedent relating to the Legal Defeasance or the Covenant Defeasance have been complied with; and 

(h)    the Issuers shall have delivered to the Trustee an Opinion of Counsel to the effect that, assuming
no intervening bankruptcy of the Issuers between the date of deposit and the 91st day following the date of deposit and that no Holder is an insider of either of the Issuers, after the 91st day following the date of deposit, the trust funds will not
be subject to the effect of any applicable federal bankruptcy, insolvency, reorganization or similar laws affecting creditors’ rights generally. 

  
 -102- 

 Notwithstanding the foregoing, the Opinion of Counsel required by clause (b) above with
respect to a Legal Defeasance need not be delivered if all Notes not theretofore delivered to the Trustee for cancellation (1) have become due and payable or (2) will become due and payable on the maturity date within one year, or are to
be called for redemption within one year, under arrangements reasonably satisfactory to the Trustee for the giving of notice of redemption by the Trustee in the name, and at the expense, of the Issuers. 

SECTION 13.05    Deposited Money and Government Securities to be Held in Trust; Other Miscellaneous Provisions.
Subject to Section 13.06 hereof, all money and non-callable Government Securities (including the proceeds thereof) deposited with the Trustee (or other qualifying trustee, collectively for purposes of
this Section 13.05, the “Trustee”) pursuant to Section 13.04 hereof in respect of the outstanding Notes will be held in trust and applied by the Trustee, in accordance with the provisions of such Notes and this Supplemental
Indenture, to the payment, either directly or through any Paying Agent (including an Issuer acting as Paying Agent) as the Trustee may determine, to the Holders of such Notes of all sums due and to become due thereon in respect of principal, premium
(if any) and interest, but such money need not be segregated from other funds except to the extent required by law. 
 The Issuers will pay
and indemnify the Trustee against any tax, fee or other charge imposed on or assessed against the cash or non-callable Government Securities deposited pursuant to Section 13.04 hereof or the principal and
interest received in respect thereof other than any such tax, fee or other charge which by law is for the account of the Holders of the outstanding Notes. 

Notwithstanding anything in this Article XIII to the contrary, the Trustee will deliver or pay to the Issuers from time to time upon the
request of the Issuers any money or non-callable Government Securities held by it as provided in Section 13.04 hereof which, in the opinion of a nationally recognized firm of independent public
accountants expressed in a written certification thereof delivered to the Trustee (which may be the opinion delivered under Section 13.04(a) hereof), are in excess of the amount thereof that would then be required to be deposited to effect an
equivalent Legal Defeasance or Covenant Defeasance. 
 SECTION 13.06    Repayment to Suburban Propane. Any money
deposited with the Trustee or any Paying Agent, or then held by Suburban Propane, in trust for the payment of the principal, premium (if any) or interest on any Note and remaining unclaimed for two years after such principal, premium (if any) or
interest has become due and payable shall be paid to Suburban Propane on its request or (if then held by Suburban Propane) will be discharged from such trust; and the Holder of such Note will thereafter be permitted to look only to Suburban Propane
for payment thereof, and all liability of the Trustee or such Paying Agent with respect to such trust money, and all liability of the Issuers as trustee thereof, will thereupon cease; provided, however, that the Trustee or such Paying
Agent, before being required to make any such repayment, may at the expense of Suburban Propane cause to be published once, in The New York Times and The Wall Street Journal (national edition), notice that such money remains
unclaimed and that, after a date specified therein, which will not be less than 30 days from the date of such notification or publication, any unclaimed balance of such money then remaining will be repaid to the Issuers. 

  
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 SECTION 13.07    Reinstatement. If the Trustee or Paying Agent is
unable to apply any United States dollars or non-callable Government Securities in accordance with Section 13.02 or 13.03 hereof, as the case may be, by reason of any order or judgment of any court or
governmental authority enjoining, restraining or otherwise prohibiting such application, then the Issuers’ obligations under this Supplemental Indenture and the Notes will be revived and reinstated as though no deposit had occurred pursuant to
Section 13.02 or 13.03 hereof until such time as the Trustee or Paying Agent is permitted to apply all such money in accordance with Section 13.02 or 13.03 hereof, as the case may be; provided, however, that, if Suburban
Propane makes any payment of principal of, premium or interest on any Note following the reinstatement of its obligations, Suburban Propane will be subrogated to the rights of the Holders of such Notes to receive such payment from the money held by
the Trustee or Paying Agent. 

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

			
	SUBURBAN PROPANE PARTNERS, L.P., as Issuer
		
	By:	 	 /s/ Michael A. Kuglin

	Name:	 	Michael A. Kuglin
	Title:	 	Chief Financial Officer & Chief Accounting Officer
	
	SUBURBAN ENERGY FINANCE CORP., as Issuer
		
	By:	 	 /s/ Michael A. Kuglin

	Name:	 	Michael A. Kuglin
	Title:	 	Chief Financial Officer & Chief Accounting Officer
	
	THE BANK OF NEW YORK MELLON, as Trustee,
		
	By:	 	 /s/ Laurence J. O’Brien

	Name:	 	Laurence J. O’Brien
	Title:	 	Vice President

 EXHIBIT A 

[Face of Note] 
 THIS GLOBAL NOTE IS HELD
BY THE DEPOSITARY (AS DEFINED IN THE THIRD SUPPLEMENTAL INDENTURE GOVERNING THIS NOTE) OR ITS NOMINEE IN CUSTODY FOR THE BENEFIT OF THE BENEFICIAL OWNERS HEREOF, AND IS NOT TRANSFERABLE TO ANY PERSON UNDER ANY CIRCUMSTANCES EXCEPT THAT (1) THE
TRUSTEE MAY MAKE SUCH NOTATIONS HEREON AS MAY BE REQUIRED PURSUANT TO SECTION 3.04 OF THE THIRD SUPPLEMENTAL INDENTURE, (2) THIS GLOBAL NOTE MAY BE EXCHANGED IN WHOLE BUT NOT IN PART PURSUANT TO SECTION 3.04 OF THE THIRD SUPPLEMENTAL INDENTURE,
(3) THIS GLOBAL NOTE MAY BE DELIVERED TO THE TRUSTEE FOR CANCELLATION PURSUANT TO SECTION 3.08 OF THE THIRD SUPPLEMENTAL INDENTURE AND (4) THIS GLOBAL NOTE MAY BE TRANSFERRED TO A SUCCESSOR DEPOSITARY WITH THE PRIOR WRITTEN CONSENT OF
SUBURBAN PROPANE. 
 UNLESS AND UNTIL IT IS EXCHANGED IN WHOLE OR IN PART FOR NOTES IN DEFINITIVE FORM, THIS NOTE MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE
BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY.
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (55 WATER STREET, NEW YORK, NEW YORK) (“DTC”), TO THE ISSUERS OR THEIR AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS MAY BE REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR SUCH OTHER ENTITY AS MAY BE REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. 

			
	CUSIP: 864486 AK1	  	No. 001

 $350,000,000 5.875% Senior Notes due 2027 

SUBURBAN PROPANE PARTNERS, L.P. 

SUBURBAN ENERGY FINANCE CORP. 
 promise to pay to
CEDE & CO. or registered assigns, the principal sum of THREE HUNDRED FIFTY MILLION AND NO/100 DOLLARS or such greater or lesser amount as may from time to time be endorsed on the Schedule of Exchanges of Interests in the Global Note on
March 1, 2027. 
 Interest Payment Dates: March 1 and September 1 of each year, commencing September 1, 2017 

Record Dates: February 15 and August 15 of each year 

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

 Date: February 14, 2017 

 

			
	SUBURBAN PROPANE PARTNERS, L.P.
		
	By:	 	  

	Name:	 	  

	Title:	 	  

	
	SUBURBAN ENERGY FINANCE CORP.
		
	By:	 	  

	Name:	 	  

	Title:	 	  

  
 Signature Page to Note

 This is one of the Notes referred to in the within-mentioned Supplemental Indenture 

 

			
	 THE BANK OF NEW YORK MELLON,
  

as Trustee

		
	        By:	 	  

	        Name:	 	  

	        Title:	 	  

 Date: February 14, 2017 

  
 Signature Page to Note

 [BACK OF NOTE] 

5.875% Senior Notes due 
 2027 

Capitalized terms used herein have the meanings assigned to them in the Supplemental Indenture (as defined below) unless otherwise indicated.

 (1)    Interest. Suburban Propane Partners, L.P., a Delaware limited partnership (“Suburban
Propane”) and Suburban Energy Finance Corp., a Delaware corporation (“Finance Corp.” and, together with Suburban Propane, the “Issuers”), promise to pay interest on the principal amount of this Note at
5.875% per annum from February 14, 2017 until maturity. The Issuers will pay interest semi-annually in arrears on March 1 and September 1 of each year, or if any such day is not a Business Day, on the next succeeding Business Day
(each, an “Interest Payment Date”). Interest on the Notes will accrue from the most recent date to which interest has been paid or, if no interest has been paid, from the date of issuance; provided, that if there is no
existing Default in the payment of interest, and if this Note is authenticated between a record date referred to on the face hereof and the next succeeding Interest Payment Date, interest shall accrue from such next succeeding Interest Payment Date;
provided, further, that the first Interest Payment Date shall be September 1, 2017. The Issuers will pay interest on overdue principal and interest from time to time on demand at a rate that is 1% per annum in excess of the rate
then in effect; it will pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue installments of interest (without regard to any applicable grace periods) from time to time on demand at a rate that is 1%
per annum in excess of the rate then in effect to the extent lawful. Interest will be computed on the basis of a 360-day year of twelve 30-day months. 

(2)    Method of Payment. The Issuers will pay interest on the Notes (except defaulted interest) to the Persons who
are registered Holders of Notes at the close of business on the February 15 or August 15 next preceding the Interest Payment Date, even if such Notes are cancelled after such record date and on or before such Interest Payment Date, except
as provided in Section 3.06 of the Supplemental Indenture with respect to defaulted interest. The Notes will be payable as to principal, premium (if any) and interest at the office or agency of the Paying Agent maintained for such purpose
within the City and State of New York, or, if a Holder of Notes has given wire transfer instructions to the Issuers, payment of principal, interest and premium, if any, may be made in accordance with those instructions; provided, that payment
by wire transfer of immediately available funds will be required with respect to principal of and interest and premium, if any, on all Notes the Holders of which will have provided wire transfer instructions to the Issuers or the Paying Agent;
provided, further, that payment on Notes held in the form of global certificates will be made by wire transfer to DTC. Such payment will be 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. 
 (3)    Paying Agent and Note Registrar. Initially, The Bank of
New York Mellon, the Trustee under the Supplemental Indenture, will act as Paying Agent and Note Registrar. The Issuers may change any Paying Agent or Note Registrar without notice to any Holder. The Issuers or any of their Subsidiaries may act in
any such capacity. 

 (4)    Indenture. The Issuers issued the Notes under a Third
Supplemental Indenture, dated as of February 14, 2017 (the “Supplemental Indenture”), by and among the Issuers and the Trustee, to an Indenture, dated as of May 27, 2014, by and among the Issuers and the Trustee (the
“Base Indenture” and, as supplemented by the Supplemental Indenture, in respect of the Notes, the “Indenture”). The terms of the Notes include those stated in the Indenture and those made part of the Indenture by
reference to the Trust Indenture Act of 1939, as amended (15 U.S. Code §§ 77aaa-77bbbb). The Notes are subject to all such terms, and Holders are referred to the Indenture and such Act for a statement of such terms. To the extent any
provision of this Note conflicts with the express provisions of the Indenture, the provisions of the Indenture shall govern and be controlling to the extent permitted by law. The Notes are unsecured general obligations of the Issuers. 

(5)    Optional Redemption. Subject to the additional terms and conditions set forth in the Supplemental Indenture:

 (a)    At any time prior to March 1, 2020, the Issuers may on any one or more occasions redeem up
to 35% of the aggregate principal amount of Notes issued under the Supplemental Indenture at a Redemption Price of 105.875% of the principal amount thereof, plus accrued and unpaid interest, if any, to the Redemption Date, with the net cash proceeds
of one or more Equity Offerings; provided, that: 
 (i)     at least 65% of the aggregate
principal amount of Notes originally issued under the Supplemental Indenture (excluding Notes held by Suburban Propane and its Subsidiaries or by the General Partner of Suburban Propane) remains outstanding immediately after the occurrence of such
redemption; and 
 (ii)     the redemption must occur within 180 days of the date of the closing of such
Equity Offering. 
 (b)    On or after March 1, 2022, the Issuers may redeem all or a part of the
Notes upon not less than 30 nor more than 60 days’ notice (which notice, for the avoidance of doubt, may be provided prior to the first Redemption Date set forth below), at the Redemption Prices (expressed as percentages of principal amount)
set forth below plus accrued and unpaid interest on the Notes redeemed, to the applicable Redemption Date, if redeemed during the twelve-month period beginning on March 1 of the years indicated below (subject to the rights of Holders on the relevant
record date to receive interest on the relevant Interest Payment Date): 
  

					
	 Year
	  	Percentage	 
	 2022
	  	 	102.938	% 
	 2023
	  	 	101.958	% 
	 2024
	  	 	100.979	% 
	 2025 and thereafter
	  	 	100.000	% 

 (c)    Notwithstanding the provisions contained in paragraphs (a) and
(b) above, the Issuers may redeem the Notes, in whole or in part, at any time prior to March 1, 2022, upon not less than 30 nor more than 60 days’ notice (which notice, for the avoidance of

 
doubt, may be provided prior to the first Redemption Date set forth above), at a Redemption Price equal to 100% of the principal amount of the Notes redeemed plus the Applicable Premium as of,
and accrued and unpaid interest, if any, to, the applicable Redemption Date (subject to the right of Holders on the relevant record date to receive interest due on the relevant Interest Payment Date). 

(6)    Mandatory Redemption. The Issuers are not required to make mandatory redemption or sinking fund payments
with respect to the Notes. 
 (7)    Repurchase at the Option of Holders. Subject to the additional terms and
conditions set forth in the Supplemental Indenture: 
 (a)    If a Change of Control occurs, the Issuers
will make an offer (a “Change of Control Offer”) to each Holder of Notes to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of each Holder’s Notes at a purchase price in cash
equal to 101% of the aggregate principal amount of Notes repurchased plus accrued and unpaid interest on the Notes repurchased, to the date of purchase, subject to the rights of Holders on the relevant record date to receive interest due on the
relevant Interest Payment Date (the “Change of Control Payment”). Within 30 days following any Change of Control, the Issuers will send a notice to each Holder describing the transaction or transactions that constitute the Change of
Control and setting forth the procedures governing the Change of Control Offer as required by the Supplemental Indenture. The Holder of this Note may elect to have this Note or a portion thereof in an authorized denomination purchased by completing
the form entitled “Option of Holder to Elect Purchase” attached hereto and tendering this Note pursuant to the Change of Control Offer. 

(b)    If Suburban Propane or any of its Restricted Subsidiaries consummates any Asset Sale, in certain
circumstances specified in Section 10.11 of the Supplemental Indenture, the Issuers will commence an offer to all Holders of Notes and all holders of other Indebtedness that is pari passu with the Notes containing provisions similar to those
set forth in the Supplemental Indenture with respect to offers to purchase or redeem with the proceeds of sales of assets (an “Asset Sale Offer”) pursuant to Section 11.10 of the Supplemental Indenture to purchase the maximum
principal amount of Notes and other pari passu Indebtedness that may be purchased out of the Excess Proceeds. The offer price in any Asset Sale Offer will be equal to 100% of the principal amount thereof plus accrued and unpaid interest, to the date
of purchase, and will be payable in cash in accordance with the procedures set forth in the Supplemental Indenture. If any Excess Proceeds remain after consummation of an Asset Sale Offer, the Issuers may use those Excess Proceeds for any purpose
not otherwise prohibited by the Supplemental Indenture. If the aggregate principal amount of Notes and other pari passu Indebtedness tendered into such Asset Sale Offer exceeds the amount of Excess Proceeds, the Trustee, subject to the procedures of
DTC, will select the Notes and the Issuers will select such other pari passu Indebtedness to be purchased on a pro rata basis provided that the Notes held in the form of global certificates will be selected in accordance with procedures of DTC.
Holders of Notes that are the subject of an offer to purchase will receive an Asset Sale Offer from the Issuers prior to any related purchase date and may elect to have such Notes purchased by completing the form entitled “Option of Holder to
Elect Purchase” attached hereto. 

 (8)    Notice of Redemption. Notice of redemption will be delivered by
electronic means in accordance with DTC’s standard procedures at least 30 days but not more than 60 days before the Redemption Date to each Holder whose Notes are to be redeemed at its registered address, except that redemption notices may be
delivered more than 60 days prior to a Redemption Date if the notice is issued in connection with a defeasance of the Notes or a satisfaction or discharge of the Supplemental Indenture. Notes in denominations larger than $2,000 may be redeemed in
part but only in whole multiples of $2,000 or in integral multiples of $1,000 in excess thereof. On and after the Redemption Date interest ceases to accrue on Notes or portions thereof called for redemption. 

(9)    Denominations, Transfer, Exchange. The Notes are in registered form without coupons in denominations of
$2,000 and integral multiples of $1,000 in excess thereof. The transfer of Notes may be registered and Notes may be exchanged as provided in the Supplemental Indenture. The Note Registrar and the Trustee may require a Holder, among other things, to
furnish appropriate endorsements and transfer documents and the Issuers may require a Holder to pay any taxes and fees required by law or permitted by the Supplemental Indenture. The Issuers need not exchange or register the transfer of any Note or
portion of a Note selected for redemption, except for the unredeemed portion of any Note being redeemed in part. Also, the Issuers need not exchange or register the transfer of any Notes for a period of 15 days before a selection of Notes to be
redeemed or during the period between a record date and the corresponding Interest Payment Date. 
 (10)    Persons
Deemed Owners. The registered Holder of a Note may be treated as its owner for all purposes. 

(11)    Amendment,
Supplement and Waiver. Subject to certain exceptions, the Supplemental Indenture or the Notes may be amended or supplemented with the
consent of the Holders of at least a majority in principal amount of the then outstanding Notes (including, without limitation consents obtained in connection with a tender offer or exchange offer for, or purchase of, the Notes), and any existing
Default (other than a Default or Event of Default in the payment of the principal of, premium or interest on the Notes) or compliance with any provision of the Supplemental Indenture, the Subsidiary Guarantees, if any, or the Notes may be waived
with the consent of the Holders of a majority in principal amount of the then outstanding Notes (including, without limitation, consents obtained in connection with a tender offer or exchange offer for, or purchase of, the Notes). Without the
consent of any Holder of a Note, the Supplemental Indenture or the Notes may be amended or supplemented: to cure any ambiguity, defect or inconsistency; to provide for uncertificated Notes in addition to or in place of certificated Notes; to provide
for the assumption of the Issuers’ obligations to Holders of the Notes in the case of a merger or consolidation or sale of all or substantially all of the Issuers’ assets; to make any change that would provide any additional rights or
benefits to the Holders of the Notes or that does not adversely affect the legal rights under the Supplemental Indenture of any Holder of Notes; to comply with the requirements of the Commission in order to effect or maintain the qualification of
the Indenture under the Trust Indenture Act, to conform the text of the Supplemental Indenture or the Notes to any provision of the “Description of the Notes” section of the Issuers’ prospectus supplement dated February 7, 2017
to the base prospectus included in the Issuers’ registration statement on Form S-3 (File Nos. 333-195864 and 333-195864-01) relating to the issuance and sale of the
Initial Notes, to the extent that such provision in that “Description of 

 
the Notes” was intended to be a verbatim recitation of a provision of the Supplemental Indenture or the Notes; to provide for the issuance of Additional Notes in accordance with the
limitations set forth in the Supplemental Indenture; or to add collateral to secure the Notes or to add guarantees of the Issuers’ obligations under the Notes. For the avoidance of doubt, the determination of whether any amendment, supplement
or waiver has been consented to shall, where applicable, include any additional consenting Notes that have been issued under and in compliance with the Supplemental Indenture at any time prior to (including immediately prior to) the time that such
amendment, supplement or waiver becomes operative. 
 (12)    Defaults
and Remedies. Events of Default include: (i) default for 30 days in the payment when due of interest on the Notes; (ii) default in payment when due of
principal of or premium, if any, on the Notes; (iii) failure by Suburban Propane for 90 days after notice to comply with the provisions under Section 10.03 of the Supplemental Indenture; (iv) failure by Suburban Propane or any of its
Restricted Subsidiaries to comply with any other term, covenant or agreement contained in the Notes or the Supplemental Indenture, other than a default specified in either clause (i), (ii) or (iii) above, and the default continues for a period
of 60 days after written notice of default requiring the Issuers to remedy the same is given to Suburban Propane by the Trustee or by Holders of 25% in aggregate principal amount of the Notes then outstanding; (v) the failure to pay at final
maturity (giving effect to any applicable grace periods and any extensions thereof) the stated principal amount of any Indebtedness of Suburban Propane or any Restricted Subsidiary of Suburban Propane, or the acceleration of the final stated
maturity of any such Indebtedness if the aggregate principal amount of such Indebtedness, together with the principal amount of any other such Indebtedness in default for failure to pay principal at final stated maturity or which has been
accelerated, aggregates $30.0 million or more at any time; (vi) a final judgment or judgments, which is or are non-appealable and non-reviewable or which has or have not been stayed pending appeal or review or as to which all rights to
appeal or review have expired or been exhausted, shall be rendered against Suburban Propane or any of its Restricted Subsidiaries; provided such judgment or judgments requires or require the payment
of money in excess of $30.0 million in the aggregate and is not covered by insurance or discharged or stayed pending appeal or review within 60 days after entry of such judgment; and (vii) certain events of bankruptcy or insolvency set
forth in Section 5.01 of the Supplemental Indenture with respect to Suburban Propane, Finance Corp. or any Significant Subsidiary of Suburban Propane. In the case of an Event of Default arising from certain events of bankruptcy or insolvency,
with respect to Suburban Propane, Finance Corp. or any Significant Subsidiary of Suburban Propane, all Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the
Trustee or the Holders of at least 25% in principal amount of the Notes may declare all the Notes to be due and payable immediately. Subject to certain limitations, Holders of a majority in principal amount of the Notes may direct the Trustee in its
exercise of any trust or power. The Trustee may withhold from Holders of the Notes notice of any continuing Default or Event of Default if it determines that withholding notice is in their interest, except a Default or Event of Default relating to
the payment of principal or interest. The Holders of a majority in aggregate principal amount of the Notes then outstanding by notice to the Trustee may, on behalf of the Holders of all of the Notes, rescind an acceleration or waive any existing
Default and its consequences under the Supplemental Indenture except a continuing Default or Event of Default in the payment of interest on, or the principal of, the Notes. The Issuers are required to deliver to the Trustee annually an
Officers’ Certificate regarding compliance with the Supplemental Indenture, and the Issuers are required upon becoming aware of any Default or Event of Default, to deliver to the Trustee an Officers’ Certificate specifying such Default or
Event of Default. 

 (13)    Trustee Dealings with Issuers. The Trustee, any Paying Agent,
any Note Registrar or any other agent of the Issuers, in its individual or any other capacity, may become the owner or pledgee of Notes or warrants to purchase Notes and, subject to Section 6.08 of the Supplemental Indenture, may otherwise deal
with the Issuers with the same rights it would have if it were not Trustee, Paying Agent, Note Registrar or such other agent. 

(14)    No Recourse Against Others. No past, present or future limited partner, officer, employee, incorporator,
unitholder, stockholder or Affiliate of the Issuers, as such, will have any liability for any obligations of the Issuers under this Note, the Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation.
Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. 

(15)    Authentication. This Note will not be valid until authenticated by the manual signature of the Trustee or
an authenticating agent. 
 (16)    Abbreviations. Customary abbreviations may be used in the name of a Holder or
an assignee, such as: TEN COM (= tenants in common), TEN ENT (= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (= Custodian), and U/G/M/A (= Uniform Gifts to Minors Act). 

(17)    CUSIP Numbers. Pursuant to a recommendation promulgated by the Committee on Uniform Security Identification
Procedures, the Issuers have caused CUSIP numbers to be printed on the Notes and the Trustee may use CUSIP numbers in notices of redemption as a convenience to Holders. No representation is made as to the accuracy of such numbers either as printed
on the Notes or as contained in any notice of redemption and reliance may be placed only on the other identification numbers placed thereon. 

(18)    Governing Law. THIS NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH LAWS OF THE STATE OF NEW
YORK, WITHOUT GIVING EFFECT TO APPLICABLE PRINCIPLES OF CONFLICTS OF LAW TO THE EXTENT THAT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION WOULD BE REQUIRED THEREBY. 

The Issuers will furnish to any Holder upon written request and without charge a copy of the Indenture. Requests may be made to: 

Suburban Propane Partners, L.P. One Suburban Plaza 
 240 Route 10
West 
 Whippany, New Jersey 07981 
 Facsimile: (973) 503-9395

 Attention: A. Davin D’Ambrosio, Vice President and Treasurer 

 ASSIGNMENT FORM 

To assign this Note, fill in the form below: 

(I) or (we) assign and transfer this Note to:
                                         
                                         
                    
 (Insert assignee’s
legal name) 
  
  

(Insert assignee’s soc. sec. or tax I.D. no.) 
  

 
  

 
  

 
  

 
 (Print or type assignee’s name,
address and zip code) 

and irrevocably appoint                    
                                         
                                         
                                         
                                   

to transfer this Note on the books of the Issuers. The agent may substitute another to act for him. 

Date:                      

 

			
	Your Signature:	 	  

		 	(Sign exactly as your name appears on the face of this Note)

 Signature Guarantee*:
                                 

 

	*	Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor acceptable to the Trustee). 

 OPTION OF HOLDER TO ELECT PURCHASE 

If you want to elect to have this Note purchased by the Issuers pursuant to Section 10.11 or 10.16 of the Supplemental Indenture, check
the appropriate box below: 
 ☐  Section 10.11             
☐  Section 10.16 
 If you want to elect to have only part of the Note purchased by the Issuers pursuant to
Section 10.11 or Section 10.16 of the Supplemental Indenture, state the amount you elect to have purchased (must be $2,000 or an integral multiple of $1,000 in excess of $2,000): 

$                     

Date:                      

 

			
	Your Signature:	 	  

		 	(Sign exactly as your name appears on the face of this Note)

  

			
	Tax Identification No.:	 	  

 Signature Guarantee*:
                                        
 
  

	*	Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor acceptable to the Trustee). 

 SCHEDULE OF EXCHANGES OF INTERESTS IN THE GLOBAL NOTE* 

The following exchanges of a part of this Global Note for an interest in another Global Note or for a definitive Note, or exchanges of a part
of another Global Note or definitive Note for an interest in this Global Note, have been made: 
  

									
	 Date of Exchange
	  	Amount of
decrease in
Principal
Amount of
this Global Note	  	Amount of
increase in
Principal
Amount of
this Global Note	  	Principal Amount
of this Global
Note following
such decrease
(or increase)	  	Signature of
authorized
officer of Trustee
or Custodian
		  		  		  		  	

  

	*	This schedule should be included only if the Note is issued in global form. 

  
 A-1 

 EXHIBIT B 

[FORM OF SUBSIDIARY GUARANTEE] 

For value received, each Guarantor (which term includes any successor Person under the Indenture) has, jointly and severally, unconditionally
guaranteed, to the extent set forth in the Supplemental Indenture and subject to the provisions in the Third Supplemental Indenture dated as of February 14, 2017 (the “Supplemental Indenture”) among Suburban Propane Partners,
L.P. (“Suburban Propane”), Suburban Energy Finance Corp. (“Finance Corp.” and together with Suburban Propane, the “Issuers”) and The Bank of New York Mellon, as trustee (the
“Trustee”), (a) the due and punctual payment of the principal of, premium and interest on, the Notes, whether at maturity, by acceleration, redemption or otherwise, the due and punctual payment of interest on overdue principal of
and interest on the Notes, if any, if lawful, and the due and punctual performance of all other obligations of the Issuers to the Holders or the Trustee all in accordance with the terms of the Supplemental Indenture and (b) in case of any
extension of time of payment or renewal of any Notes or any of such other obligations, that the same will be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, whether at stated maturity, by
acceleration or otherwise. The obligations of the Guarantors to the Holders of Notes and to the Trustee pursuant to the Subsidiary Guarantee and the Supplemental Indenture are expressly set forth in Article XII of the Supplemental Indenture and
reference is hereby made to the Supplemental Indenture for the precise terms of the Subsidiary Guarantee. Each Holder of a Note, by accepting the same, (a) agrees to and shall be bound by such provisions (b) authorizes and directs the
Trustee, on behalf of such Holder, to take such action as may be necessary or appropriate to effectuate the subordination as provided in the Supplemental Indenture and (c) appoints the Trustee attorney-in-fact of such Holder for such purpose. 
 Capitalized terms used but not defined herein
have the meanings given to them in the Supplemental Indenture. 
  

			
	[NAME OF GUARANTOR(S)]
		
	By:	 	  

	Name:	 	
	Title:	 	

  
 B-1 

 EXHIBIT C 

[FORM OF SUPPLEMENTAL INDENTURE 

TO BE DELIVERED BY GUARANTORS] 

SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of
            , 20    , among                      (the
“Guarantor”) (a subsidiary of Suburban Propane Partners, L.P. (or its permitted successor)), Suburban Propane Partners, L.P., a Delaware limited partnership (“Suburban Propane”), Suburban Energy Finance Corp., a
Delaware corporation (“Finance Corp.” and together with Suburban Propane, the “Issuers”), and The Bank of New York Mellon, as trustee under the Indenture referred to below (the “Trustee”). 

W I T N E S S E T H 
 WHEREAS,
the Issuers and the Trustee have heretofore executed and delivered to the Trustee a supplemental indenture, dated as of February 14, 2017 (the “Third Supplemental Indenture”), pursuant to which the Issuers have issued
$350,000,000 in principal amount of 5.875% Senior Notes due 2027 (the “Notes”) under an indenture, dated as of May 27, 2014, by and among the Issuers and the Trustee (the “Base Indenture” and, as supplemented
by the Third Supplemental Indenture, the “Indenture”); 
 WHEREAS, the Indenture provides that under certain circumstances
the Guarantor shall execute and deliver to the Trustee a supplemental indenture pursuant to which the Guarantor shall unconditionally guarantee all of the Issuers’ Obligations under the Notes and the Indenture on the terms and conditions set
forth herein (the “Subsidiary Guarantee”); and 
 WHEREAS, pursuant to Section 9.07 of the Indenture, the Trustee is
authorized to execute and deliver this Supplemental Indenture. 
 NOW THEREFORE, in consideration of the foregoing and for other good and
valuable consideration, the receipt of which is hereby acknowledged, the Guarantor and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Notes as follows: 

1.    Capitalized Terms. Capitalized terms used herein without definition shall have the meanings
assigned to them in the Indenture. 
 2.    Agreement to Guarantee. The Guarantor hereby agrees to
provide an unconditional Guarantee on the terms and subject to the conditions set forth in the Subsidiary Guarantee and in the Indenture including but not limited to Article XII of the Third Supplemental Indenture. 

3.    No Recourse Against Others. No past, present or future director, officer, employee,
incorporator, stockholder or agent of the Guarantor, as such, shall have any liability for any obligations of the Issuers or any Guarantor under the Notes, any Subsidiary Guarantees, the Indenture or this Supplemental Indenture or for any claim
based on, in respect of, or by reason of, such obligations or their creation. Each Holder of the Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. 

  
 C-1 

 4.    Governing Law. THIS SUPPLEMENTAL INDENTURE SHALL
BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH LAWS OF THE STATE OF NEW YORK, WITHOUT GIVING EFFECT TO APPLICABLE PRINCIPLES OF CONFLICTS OF LAW TO THE EXTENT THAT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION WOULD BE REQUIRED THEREBY. 

5.    Counterparts. The parties may sign any number of copies of this Supplemental Indenture. Each
signed copy shall be an original, but all of them together represent the same agreement. 

6.    Effect of Headings. The Section headings herein are for convenience only and shall not
affect the construction hereof. 
 7.    Trustee. The Trustee shall not be responsible in any
manner whatsoever for or in respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Guarantor and the Issuers. 

IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly executed and attested, all as of the date first
above written. 
 Dated:             , 20     

 

			
	[GUARANTOR]
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	SUBURBAN PROPANE PARTNERS, L.P.
		
	By:	 	  

	Name:	 	
	Title:	 	

  
 C-2 

 
			
	SUBURBAN ENERGY FINANCE CORP.
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	[EXISTING GUARANTORS]
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	THE BANK OF NEW YORK MELLON, as Trustee
		
	By:	 	  

	Name:	 	
	Title:	 	

  
 C-3

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