Document:

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                                                                     EXHIBIT 4.2

                           UNITHOLDER RIGHTS AGREEMENT

                                  BY AND AMONG

                        HERITAGE PROPANE PARTNERS, L.P.,

                            HERITAGE HOLDINGS, INC.,

                                     TAAP LP

                                       AND

                             LA GRANGE ENERGY, L.P.

                                JANUARY 20, 2004

Unitholder Rights Agreement

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                                TABLE OF CONTENTS

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<S>                                                                                          <C>
                                    ARTICLE 1
                                   DEFINITIONS

Section 1.1     Definitions...............................................................    2

                                    ARTICLE 2
                               REGISTRATION RIGHTS

Section 2.1     Demand Registrations of HHI Holders.......................................    6
Section 2.2     Demand Registrations of Acquirer Holders..................................    9
Section 2.3     Shelf Registration Rights of NewLP........................................   12
Section 2.4     Piggyback Registrations...................................................   13
Section 2.5     General...................................................................   16
Section 2.6     Issuer Reports............................................................   18
Section 2.7     Information To Be Furnished By The Holders................................   19
Section 2.8     Suspension Of Offering Pending Prospectus Supplement Or Amendment.........   19
Section 2.9     Registration Expenses.....................................................   20
Section 2.10    Underwritten Offerings....................................................   20
Section 2.11    Indemnification...........................................................   21

                                    ARTICLE 3
                          WAIVER OF REGISTRATION RIGHTS

                                    ARTICLE 4
                    EFFECTIVE TIME AND TERM OF THIS AGREEMENT

                                    ARTICLE 5
                                  MISCELLANEOUS

Section 5.1     Specific Enforcement......................................................   24
Section 5.2     Severability..............................................................   24
Section 5.3     Amendments................................................................   24
Section 5.4     Descriptive Headings......................................................   25
Section 5.5     Counterparts..............................................................   25
Section 5.6     Notices...................................................................   25
Section 5.7     Governing Law.............................................................   26
Section 5.8     Successors And Assigns....................................................   27
Section 5.9     Entire Agreement..........................................................   27
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Unitholder Rights Agreement

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                           UNITHOLDER RIGHTS AGREEMENT

         This Unitholder Rights Agreement (the "Agreement") is made and entered
into as of January 20, 2004, by and between Heritage Propane Partners, L.P., a
Delaware limited partnership (the "Issuer"), Heritage Holdings, Inc., a Delaware
corporation ("HHI"), TAAP LP, a Delaware limited partnership ("NewLP") and La
Grange Energy, L.P., a Texas limited partnership ("Acquirer").

                                    RECITALS

         WHEREAS, HHI currently owns 4,426,916 Common Units (as defined below);

         WHEREAS, U.S. Propane, L.P., a Delaware limited partnership ("U.S.
Propane"), is the general partner of the Issuer and currently owns 180,028
Common Units;

         WHEREAS, TECO Propane Ventures, LLC, a Delaware limited liability
company ("TECO"), AGL Propane Services, Inc. and AGL Energy Corporation, each a
Delaware corporation (collectively, "AGL"), Piedmont Propane Company, a North
Carolina corporation ("Piedmont"), and United Cities Propane Gas, Inc., a
Tennessee corporation ("United"), collectively own, directly or indirectly, 100%
of the partner interests in U.S. Propane;

         WHEREAS, TECO, AGL, Piedmont and United (collectively, the "Utilities")
have entered into an Acquisition Agreement, dated as of November 6, 2003 (the
"Acquisition Agreement"), with U.S. Propane, U.S. Propane, L.L.C., a Delaware
limited liability company, and Acquirer pursuant to which it is contemplated
that Acquirer will acquire 100% of the partner interests in U.S. Propane and
100% of the member interests in U.S. Propane, L.L.C.;

         WHEREAS, the Issuer and Acquirer have entered into a Contribution
Agreement, dated as of November 6, 2003 (the "Contribution Agreement"), pursuant
to which specified mid-stream assets of Acquirer and certain of its subsidiaries
would be contributed to the Issuer, the Issuer would pay Acquirer as
consideration therefor cash, Common Units, Class D Units and Special Units;

         WHEREAS, the Utilities have entered into a Stock Purchase Agreement,
dated as of November 6, 2003 (the "Stock Purchase Agreement"), with the Issuer
pursuant to which the Issuer shall acquire all of the outstanding capital stock
of HHI and the Issuer would pay cash and deliver a promissory note (the "Note")
as consideration therefore, and the payment under the Note shall be secured by a
pledge of 4,426,916 Class E Units, such Class E Units, and any Common Units into
which such Class E Units are converted pursuant to the Partnership Agreement,
(the "Pledged Units") owned by HHI (the "Pledge Agreement");

         WHEREAS, prior to the closing under the Acquisition Agreement, U.S.
Propane will transfer to NewLP, among other things, all right, title and
interest of U.S. Propane to the 180,028 Common Units currently owned by U.S.
Propane;

         WHEREAS, the obligations of Acquirer to consummate the transactions
contemplated by the Contribution Agreement are subject to the satisfaction of
the conditions to the consummation

Unitholder Rights Agreement        1

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of the transactions contemplated by the Acquisition Agreement and the Stock
Purchase Agreement; and

         WHEREAS, it is a condition to the consummation of the transactions
contemplated by the Acquisition Agreement that the Issuer and the other parties
hereto execute and deliver this Agreement.

         NOW, THEREFORE, the parties hereto hereby agree as follows:

                                    ARTICLE 1
                                   DEFINITIONS

         Section 1.1 Definitions.

         As used in this Agreement, the following terms shall have the following
meanings:

         "Acquirer Demand Registration" shall have the meaning assigned to such
term in Section 2.2(a).

         "Acquirer Holders" means Acquirer and any person or entity who is
assigned rights under this Agreement as permitted by Section 5.8 hereof.

         "Acquirer Maximum Demand Registration Quantity" shall have the meaning
assigned to such term in Section 2.1(a).

         "Acquirer Permitted Interruption" is defined in Section 2.2(g) of this
Agreement.

         "Acquirer Registrable Units" means (i) any Common Units purchased by
Acquirer on the date hereof pursuant to the terms of the Contribution Agreement
(including any Common Units issued upon conversion of the Class D Units and the
Special Units issued pursuant to the Contribution Agreement), (ii) any Common
Units contributed to Acquirer on or prior to the date of this Agreement, (iii)
any Common Units held by an Acquirer Holder who is assigned rights under this
Agreement pursuant to Section 5.8 hereof, and (iii) any Common Units or other
securities issued or issuable with respect to the Acquirer Registrable Units
referred to in clause (i) or (ii) above by way of a Common Unit distribution or
Common Unit split, in connection with a combination of Common Units or in
connection with any recapitalization, merger, consolidation or other
reorganization of the Issuer. As to any particular Acquirer Registrable Units,
such Acquirer Registrable Units shall cease to be Acquirer Registrable Units
upon the earliest to occur of the following events: (i) a Registration Statement
covering such Acquirer Registrable Units has been declared effective by the
Commission and such Acquirer Registrable Units being disposed of in accordance
with such effective Registration Statement, (ii) such Acquirer Registrable Units
are eligible for sale to the public pursuant to Rule 144 (or any similar
provision then in force) under the Securities Act without being subject to the
volume and manner of sale restrictions contained therein, (iii) such Acquirer
Registrable Units have been otherwise transferred by such Acquirer Holder and
new certificates for such securities not bearing a legend restricting further
transfer have been delivered by the Issuer or its transfer agent and the
subsequent disposition of such securities do not require registration or
qualification under the

Unitholder Rights Agreement        2

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Securities Act or any similar state law then in force, or (iv) such Acquirer
Registrable Units cease to be Outstanding for purposes of the Partnership
Agreement.

         "Acquisition Agreement" is defined in the Recitals to this Agreement.

         "Agreement" is defined in the introductory paragraph to this Agreement.

         "Blue Sky Filing" is defined in Section 2.11(a) of this Agreement.

         "Blue Sky Laws" means the state securities laws or "blue sky" laws of
the states and territories of the United States.

         "Business Day" means a day that is not a Saturday, a Sunday, or a day
on which banking institutions in New York, New York are required to be closed.

         "Class D Units" means the Class D Units representing limited partner
interests of the Issuer, the terms of which are set forth in Amendment No. 5 to
the Partnership Agreement.

         "Commission" means the Securities and Exchange Commission.

         "Common Units" has the meaning specified in the Partnership Agreement.

         "Contribution Agreement" is defined in the Recitals to this Agreement.

         "Demand Registration" means any of a HHI Demand Registration or an
Acquirer Demand Registration.

         "Effective Time" is defined in Article 4 of this Agreement.

         "Exchange Act" means the Securities Exchange Act of 1934, as amended,
and the rules and regulations of the Commission promulgated thereunder.

         "General Partner" means the Person serving as the general partner of
the Issuer at the time the determination is made.

         "Governmental Authority" means a federal, state, local or foreign
governmental authority; a state, province, commonwealth, territory or district
thereof; a county or parish; a city, town, township, village or other
municipality; a district, ward or other subdivision of any of the foregoing; any
executive, legislative or other governing body of any of the foregoing; any
agency, authority, board, department, system, service, office, commission,
committee, council or other administrative body of any of the foregoing; any
court or other judicial body; and any officer, official or other representative
of any of the foregoing.

         "HHI Demand Registration" shall have the meaning assigned to such term
in Section 2.1(a) hereof.

         "HHI Holders" means HHI and any person or entity who is assigned (or it
deemed to have been assigned) rights under this Agreement by HHI or an assignee
thereof as permitted by Section 5.8 hereof.

Unitholder Rights Agreement        3

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         "HHI Maximum Demand Registration Quantity" shall have the meaning
assigned to such term in Section 2.1(a) hereof.

         "HHI Permitted Interruption" is defined in Section 2.1(g) of this
Agreement.

         "HHI Registrable Units" means (i) any Common Units owned by HHI on the
date hereof, (ii) any Common Units held by an HHI Holder who is assigned rights
under this Agreement pursuant to Section 5.8 hereof, (iii) any Common Units
acquired by NewLP (or its successor or assign) pursuant to the Pledge Agreement,
and (iv) any Common Units or other securities issued or issuable with respect to
the HHI Registrable Units referred to in clause (i), (ii) or (iii) above by way
of a Common Unit distribution or Common Unit split, in connection with a
combination of Common Units or in connection with any recapitalization, merger,
consolidation or other reorganization of the Issuer. As to any particular HHI
Registrable Units, such HHI Registrable Units shall cease to be HHI Registrable
Units upon the earliest to occur of the following events: (i) a Registration
Statement covering such HHI Registrable Units has been declared effective by the
Commission and such HHI Registrable Units being disposed of in accordance with
such effective Registration Statement, (ii) such HHI Registrable Units are
eligible for sale to the public pursuant to Rule 144 (or any similar provision
then in force) under the Securities Act without being subject to the volume and
manner of sale restrictions contained therein, (iii) such HHI Registrable Units
have been otherwise transferred by such HHI Holder and new certificates for such
securities not bearing a legend restricting further transfer have been delivered
by the Issuer or its transfer agent and the subsequent disposition of such
securities do not require registration or qualification under the Securities Act
or any similar state law then in force, or (iv) such HHI Registrable Units cease
to be Outstanding for purposes of the Partnership Agreement.

         "Holders" means the HHI Holders and the Acquirer Holders.

         "Issuer" is defined in the introductory paragraph to this Agreement.

         "Issuer Registration" means any registration of Common Units for sale
under the Securities Act by the Issuer excluding registrations for Common Units
to be issued in connection with any employee benefit plan or a merger,
consolidation or other business combination registered on Form S-4 or Form S-8
(or any successor form thereto).

         "NewLP" is defined in the preamble to this Agreement and includes any
person or entity who is assigned rights of NewLP under this Agreement as
permitted by Section 5.8 of this Agreement.

         "NewLP Common Units" means 180,028 Common Units owned by NewLP as of
the date of this Agreement.

         "NewLP Permitted Interruption" is defined in Section 2.3(b) of this
Agreement.

         "Officer's Certificate" means a certificate signed by the Chief
Executive Officer of the Issuer.

Unitholder Rights Agreement        4

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         "Outstanding" means, with respect to Units of any class, all Units of
such class that are issued by the Partnership and reflected as outstanding on
the Partnership's books and records as of the date of determination.

         "Partnership Agreement" means the Amended and Restated Agreement of
Limited Partnership of the Issuer, as amended by Amendments No. 1, No. 2, No. 3,
No. 4 and No. 5 thereto, and as same may be further amended from time to time
pursuant to the terms thereof.

         "Permitted Interruption" means an Acquirer Permitted Interruption,
NewLP Permitted Interruption or HHI Permitted Interruption, as applicable.

         "Person" means any individual, corporation, partnership, limited
liability company, joint venture, association, joint stock company, trust,
unincorporated organization or government (including any agency or political
subdivision thereof).

         "Piggyback Registration" is defined in Section 2.4 of this Agreement.

         "Proceedings" means all proceedings, actions, claims, suits,
investigations and inquiries by or before any arbitrator or Governmental
Authority.

         "Registrable Units" means the HHI Registrable Units and the Acquirer
Registrable Units.

         "Registration Expenses" is defined in Section 2.9(a) of this Agreement.

         "Registration Statement" means any registration statement of the Issuer
that covers any of the Registrable Units pursuant to the provisions of this
Agreement, including the Prospectus, amendments and supplements to such
registration statement, including post-effective amendments, all exhibits, and
all material incorporated by reference or deemed to be incorporated by reference
in such registration statement.

         "Rule 144" means Rule 144 under the Securities Act, as such Rule may be
amended from time to time, or any similar rule (other than Rule 144A) or
regulation hereafter adopted by the Commission.

         "Rule 144A" means Rule 144A under the Securities Act, as such Rule may
be amended from time to time, or any similar rule (other than Rule 144) or
regulation hereafter adopted by the Commission.

         "Rule 415" means Rule 415 under the Securities Act, as such Rule may be
amended from time to time, or any similar rule or regulation hereafter adopted
by the Commission.

         "Securities Act" means the Securities Act of 1933, as amended, and the
rules and regulations of the Commission promulgated thereunder.

         "Six Month Anniversary" means the date that is six months from the
Effective Time.

         "Special Units" means the Special Units representing limited partner
interests of the Issuer, the terms of which are set forth in Amendment No. 5 to
the Partnership Agreement.

Unitholder Rights Agreement        5

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         "2000 Registration Rights Agreement" means the Registration Rights
Agreement, dated as of August 10, 2000, among the Issuer and the other parties
named therein.

         "Unitholders" means holders of limited partnership interests of the
Issuer.

         "Units" means Common Units and any other securities issued or issuable
with respect to Common Units by way of a Common Unit distribution or Common Unit
split, in connection with a Common Unit contribution or in connection with any
recapitalization, merger, consolidation or other reorganization.

                                    ARTICLE 2
                               REGISTRATION RIGHTS

         Section 2.1 Demand Registrations of HHI Holders.

                  (a)      General. Subject to the restrictions on demand
registrations set forth in Section 2.1(g) hereof, upon the written request of
any of the HHI Holders that the Issuer effect the registration under the
Securities Act of not less than 500,000 HHI Registrable Units (or, if the HHI
Holders collectively own less than 500,000 HHI Registrable Units, not less than
250,000 HHI Registrable Units; (as such numbers are appropriately adjusted to
reflect any Unit split, Unit dividend or Unit combination) and specifying the
intended method of disposition thereof, which request may be submitted at any
time commencing on or after the Effective Time, the Issuer will give prompt
written notice of such request to all other Holders and to all other Persons, if
any, who have contractual rights to request that any of their shares of Units be
piggybacked onto any registration form proposed to be used to register the
Registrable Units so requested by such HHI Holder(s), and thereupon the Issuer
will, subject to the provisions of this Agreement, use its reasonable commercial
efforts to include in the registration under the Securities Act the following:

                           (i)      the HHI Registrable Units which such HHI
Holder(s) have requested the Issuer to register pursuant to the request made in
accordance with the provisions above; and

                           (ii)     all other HHI Registrable Units which the
Holders thereof have requested in writing that the Issuer register, provided,
that such request (A) specifies the intended method of disposition of such
Registrable Units and (B) is given to the Issuer within 15 days after the
receipt of the aforesaid written notice by the Issuer;

                           (iii)    all other Registrable Units which the other
Holders have requested in writing that the Issuer register, provided, that such
request (A) specifies the intended method of disposition of such Registrable
Units and (B) is given to the Issuer within 15 days after the receipt of the
aforesaid written notice by the Issuer; and, provided further, that the other
Holders shall have no right to include other Registrable Units in the
registration if such registration is the first HHI Demand Registration; and

                           (iv)     all other Units which Persons having
contractual registration rights with respect to such Units have requested in
writing that the Issuer register, provided, that such

Unitholder Rights Agreement        6

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request (A) specifies the intended method of disposition of such Units and (B)
is given to the Issuer within 15 days after the receipt of the aforesaid written
notice by the Issuer;

all to the extent requisite to permit the intended disposition of the HHI
Registrable Units and other Units of the Issuer to be so registered; provided,
however, that the aggregate maximum number of HHI Registrable Units that the
Issuer shall be obligated to register pursuant to any individual registration
requested pursuant to this Section 2.1(a) (referred to herein as a "HHI Demand
Registration") shall be 1,000,000 Common Units (as such number is appropriately
adjusted to reflect any Unit split, Unit dividend or Unit combination)(the "HHI
Maximum Demand Registration Quantity").

                  (b)      Number of Demand Registrations. Subject to the
provisions of Section 2.1(a) hereof, the HHI Holders shall be entitled to
request a total of three Demand Registrations; provided, that the HHI Holders
shall not be entitled to request a HHI Demand Registration pursuant to Section
2.1(a) more than once in any 12-month period; and further provided, that if
NewLP (or its successor(s) or assign(s)) succeeds to ownership of any of the HHI
Registrable Units pursuant to the Pledge Agreement, NewLP (or its successor(s)
or assign(s), as the case may be) shall have the right as an HHI Holder to
request a total of two Demand Registrations (provided that any request pursuant
to this proviso by NewLP (or its successor(s) or assign(s)) shall,
notwithstanding any other provision of this Agreement, not be subject to any
maximum number of Common Units and not more than one such Demand Registration
may be requested in any 12-month period.

                  (c)      Registration of Other Securities. Whenever the Issuer
shall effect a HHI Demand Registration pursuant to Section 2.1(a) hereof in
connection with a proposed underwritten offering of HHI Registrable Units owned
by any of the HHI Holders, no securities other than Common Units shall be
included among the securities covered by such registration unless (i) the
managing underwriter(s) of such offering shall have advised the Issuer in
writing that the inclusion of such other securities would not adversely affect
the marketing of the HHI Registrable Units requested to be included therein
pursuant to clauses (i) and (ii) of Section 2.1(a) or (ii) any HHI Holder(s)
requesting such registration shall have consented in writing to the inclusion of
such other securities.

                  (d)      Registration Statement Form. An HHI Demand
Registration shall be on such appropriate registration form of the Commission
(i) as shall be selected by the Issuer and shall be acceptable to the HHI
Holders and (ii) as shall permit the disposition of such HHI Registrable Units
in accordance with the intended method or methods of disposition specified in
the HHI Holders' request for such registration, which may include a filing
subject to Rule 415. The Issuer agrees to include in any such registration
statement all information with respect to the HHI Holders that, in the opinion
of counsel to the HHI Holders or counsel to the Issuer, is required to be
included.

                  (e)      Effective Registration Statement. A registration
requested pursuant to Section 2.1(a) hereof shall not be deemed to have been
effected and will not be considered a HHI Demand Registration which may be
requested pursuant to this Agreement if (i) a registration statement with
respect thereto has not become effective under the Securities Act or if the
request for the HHI Demand Registration is withdrawn prior to effectiveness,
(ii) after it has become

Unitholder Rights Agreement        7

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effective, either (A) it does not remain effective for a period of at least 90
days (unless the HHI Registrable Units registered thereunder have been sold or
disposed of prior to the expiration of such 90-day period) or (B) such
registration is interfered with by any stop order, injunction or other order or
requirement of the Commission or other governmental agency or court for any
reason and has not thereafter become effective (iii) the conditions to closing
specified in any underwriting agreement entered into in connection with such
registration are not satisfied or waived other than solely by reason of the
failure or refusal of any HHI Holder to satisfy or perform a condition to such
closing or (iv) the HHI Holder(s) are not able to register all of the HHI
Registrable Units requested to be included in such HHI Demand Registration in
compliance with the provisions of Section 2.1(a) or Section 2.1(b). In any
event, the Issuer shall pay all Registration Expenses (as defined below) in
connection with any such registration initiated but deemed not effected in
accordance with the immediately preceding sentence.

                  (f)      Priority on Demand Registrations. With respect to any
HHI Demand Registration that is proposed to involve an underwritten offering as
the intended method of disposition of HHI Registrable Units as specified in the
request for such registration, if the managing underwriter(s) of such proposed
underwritten offering advise the Issuer in writing that in their opinion the
number of Units proposed to be included in any such proposed underwritten
offering exceeds the number of Units which can reasonably be underwritten and
sold in such offering without adversely affecting the marketing of the HHI
Registrable Units requested to be included therein pursuant to clauses (i) and
(ii) of Section 2.1(a) (taking into account the intended method of disposition,
the quantity of HHI Registrable Units requested to be included in such
registration by the HHI Holder(s), the proposed timing of such offering and such
other factors as such managing underwriter(s) deem appropriate), the Issuer
shall advise the HHI Holders of the underwriters' advice and, if the Persons who
requested registration under clauses (i) and (ii) of Section 2.1(a) elect to
proceed with the offering, the Issuer shall include in such registration only
the number of Units, if any, held by parties other than the HHI Holders which in
the opinion of such managing underwriter(s) can be reasonably underwritten and
sold without adversely affecting the marketing of the HHI Registrable Units, and
such number of Units shall be allocated among the HHI Holders, the other Holders
and such other Persons requesting registration of their Units pursuant to
contractual registration rights so as to include (i) first, the HHI Registrable
Units requested to be included therein by any of the HHI Holders up to but not
to exceed the HHI Maximum Demand Registration Quantity (allocated among all HHI
Holders requesting to include HHI Registrable Units in such registration in
proportion, as nearly as practicable, to the number of HHI Registrable Units
requested by each such Person to be included in such registration; (ii) second,
if any Person entitled to "piggyback" registration rights under the 2000
Registration Rights Agreement has requested to include Units in such
registration pursuant to clause (iv) of Section 2.1(a), the Units so requested
to be included; (iii) third, the Registrable Units requested to be included in
such registration pursuant to clause (iii) of Section 2.1(a) (allocated among
all such Holders requesting to include Registrable Units in the registration in
proportion, as nearly as practicable, to the number of Registrable Units
requested by each such Holder to be included in such registration); and (iv)
fourth, other Units requested to be included in such registration pursuant to
clause (iv) of Section 2.1(a) (allocated among all Persons requesting to include
Units in the registration in proportion, as nearly as practicable, to the number
of Units requested by each such Person to be included in such registration).

Unitholder Rights Agreement        8

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                  (g)      Restrictions on Demand Registrations. The Issuer may
postpone (such postponement is referred to herein as a "HHI Permitted
Interruption") for a reasonable period of time (not to exceed 90 days in any
12-month period) the filing or the effectiveness of a registration statement for
a HHI Demand Registration (including a "shelf" registration statement filed on
Form S-3 in conjunction with Rule 415) if, at the time it receives a request for
such registration (i) the Issuer is conducting or is about to conduct an
offering of Units and the Issuer is advised by the investment banking firm
engaged by the Issuer to conduct the offering that such offering would be
affected adversely by the registration so demanded and the Issuer furnishes an
Officer's Certificate to that effect or (ii) the General Partner shall determine
in good faith that such offering will interfere with a pending or contemplated
financing, merger, acquisition, sale of assets, recapitalization or other
similar corporate action of the Issuer and the Issuer furnishes an Officer's
Certificate to that effect. Until the expiration of such HHI Permitted
Interruption, the Issuer shall not file or permit the effectiveness of a
registration statement for a demand registration on behalf of Holders other than
the HHI Holders. After such HHI Permitted Interruption, the Issuer shall effect
such registration as promptly as practicable without further request from the
HHI Holders unless such request has been withdrawn.

                  (h)      Selection of Underwriters. The HHI Holders who have
requested a Demand Registration pursuant to clauses (i) and (ii) of Section
2.1(a), shall have the right to select such managing underwriter(s) as shall be
reasonably acceptable to the Issuer to administer the offering of the HHI
Registrable Units, as the case may be, for which an HHI Demand Registration is
requested. The HHI Holders shall, in their sole discretion, negotiate the terms
of the underwriters' fees and expenses, the underwriting discount and commission
and the transfer taxes.

         Section 2.2 Demand Registrations of Acquirer Holders.

                  (a)      General. Subject to the restrictions on demand
registrations set forth in Section 2.2(g) hereof, upon the written request of
the Acquirer Holders of not less than 50% of the Acquirer Registrable Units then
outstanding that the Issuer effect the registration under the Securities Act of
not less than 500,000 Acquirer Registrable Units (as such number is
appropriately adjusted to reflect any Unit split, Unit dividend or Unit
combination) and specifying the intended method of disposition thereof, which
request may be submitted at any time commencing on or after the Six Month
Anniversary, the Issuer will give prompt written notice of such request to all
other Holders and to all other Persons, if any, who have contractual rights to
request that any of their shares of Units be piggybacked onto any registration
form proposed to be used to register the Registrable Units so requested by the
Acquirer Holders, and thereupon the Issuer will, subject to the provisions of
this Agreement, use its reasonable commercial efforts to include in the
registration under the Securities Act the following:

                           (i)      the Acquirer Registrable Units which the
Acquirer Holders have requested the Issuer to register pursuant to the request
made in accordance with the provisions above;

                           (ii)     all other Acquirer Registrable Units which
the Acquirer Holders have requested in writing that the Issuer register,
provided, that such request (A) specifies the

Unitholder Rights Agreement        9

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intended method of disposition of such Acquirer Registrable Units and (B) is
given to the Issuer within 15 days after the receipt of the aforesaid written
notice by the Issuer;

                           (iii)    all other Registrable Units which the other
Holders have requested in writing that the Issuer register, provided, that such
request (A) specifies the intended method of disposition of such Acquirer
Registrable Units and (B) is given to the Issuer within 15 days after the
receipt of the aforesaid written notice by the Issuer; provided further, that
the other Holders shall have no right to include other Registrable Units in the
registration if such registration is the first Acquirer Demand Registration; and

                           (iv)     all other Units which Persons having
contractual registration rights with respect to such Units have requested in
writing that the Issuer register, provided, that such request (A) specifies the
intended method of disposition of such Units and (B) is given to the Issuer
within 15 days after the receipt of the aforesaid written notice by the Issuer;

all to the extent requisite to permit the intended disposition of the Acquirer
Registrable Units and other equity securities of the Issuer to be so registered;
provided, however, that the aggregate maximum number of Acquirer Registrable
Units that the Issuer shall be obligated to register pursuant to any
registration requested by the Acquirer Holders pursuant to this Section 2.2(a)
(referred to herein as a "Acquirer Demand Registration") shall be 1,000,000
Common Units (as such number is appropriately adjusted to reflect any Unit
split, Unit dividend or Unit combination) (the "Acquirer Maximum Demand
Registration Quantity").

                  (b)      Number of Demand Registrations. Subject to the
provisions of Section 2.2(a) hereof, the Acquirer Holders shall be entitled to
request three Demand Registrations; provided, that the Acquirer Holders shall
not be entitled to request an Acquirer Demand Registration pursuant to Section
2.2(a) more than once in any 12-month period.

                  (c)      Registration of Other Securities. Whenever the Issuer
shall effect an Acquirer Demand Registration pursuant to Section 2.2(a) hereof
in connection with a proposed underwritten offering of Acquirer Registrable
Units owned by Acquirer Holders, no securities other than Common Units shall be
included among the securities covered by such registration unless (i) the
managing underwriter(s) of such offering shall have advised the Issuer in
writing that the inclusion of such other securities would not adversely affect
the marketing of the Acquirer Registrable Units requested to be included therein
pursuant to clauses (i) and (ii) of Section 2.2(a) or (ii) the Acquirer Holders
shall have consented in writing to the inclusion of such other securities.

                  (d)      Registration Statement Form. An Acquirer Demand
Registration shall be on such appropriate registration form of the Commission
(i) as shall be selected by the Issuer and shall be acceptable to the Acquirer
Holders whose Acquirer Registrable Units are to be included therein and (ii) as
shall permit the disposition of such Acquirer Registrable Units in accordance
with the intended method or methods of disposition specified in the Acquirer
Holders' request for such registration, which may include a filing subject to
Rule 415. The Issuer agrees to include in any such registration statement all
information with respect to the Acquirer Holders whose Acquirer Registrable
Units are to be included therein that, in the opinion of counsel to the Acquirer
Holders or counsel to the Issuer, is required to be included.

Unitholder Rights Agreement        10

<PAGE>

                  (e)      Effective Registration Statement. A registration
requested pursuant to Section 2.2(a) hereof shall not be deemed to have been
effected and will not be considered a Acquirer Demand Registration which may be
requested pursuant to this Agreement if (i) a registration statement with
respect thereto has not become effective under the Securities Act or if the
request for the Acquirer Demand Registration is withdrawn prior to
effectiveness, (ii) after it has become effective, either (A) it does not remain
effective for a period of at least 90 days (unless the Acquirer Registrable
Units registered thereunder have been sold or disposed of prior to the
expiration of such 90-day period) or (B) such registration is interfered with by
any stop order, injunction or other order or requirement of the Commission or
other Governmental Authority or court for any reason and has not thereafter
become effective or (iii) the conditions to closing specified in any
underwriting agreement entered into in connection with such registration are not
satisfied or waived other than solely by reason of the failure or refusal of any
Acquirer Holder to satisfy or perform a condition to such closing. In any event,
the Issuer shall pay all Registration Expenses (as defined below) in connection
with any such registration initiated but deemed not effected in accordance with
the immediately preceding sentence.

                  (f)      Priority on Demand Registrations. With respect to any
Acquirer Demand Registration that is proposed to involve an underwritten
offering as the intended method of disposition of Acquirer Registrable Units as
specified in the Acquirer Holders' request, if the managing underwriter(s) of
such proposed underwritten offering advise the Issuer in writing that in their
opinion the number of Units proposed to be included in any such proposed
underwritten offering exceeds the number of Units which can reasonably be
underwritten and sold in such offering without adversely affecting the marketing
of the Acquirer Registrable Units requested to be included therein pursuant to
clauses (i) and (ii) of Section 2.2(a) (taking into account the intended method
of disposition, the quantity of Acquirer Registrable Units requested to be
included in such registration by the Acquirer Holders, the proposed timing of
such offering and such other factors as such managing underwriter(s) deem
appropriate), the Issuer shall advise the Acquirer Holders of the underwriters'
advice and, if the Acquirer Holders elect to proceed with the offering, the
Issuer shall include in such registration only the number of Units, if any, held
by parties other than the Acquirer Holders which in the opinion of such managing
underwriter(s) can be reasonably underwritten and sold without adversely
affecting the marketing of the Acquirer Registrable Units, and such number of
Units shall be allocated among the Acquirer Holders, the other Holders and such
other Persons requesting registration of their Units pursuant to contractual
registration rights so as to include (i) first, the Acquirer Registrable Units
requested to be included therein by the Acquirer Holders up to but not to exceed
the Acquirer Maximum Demand Registration Quantity (allocated among all Acquirer
Holders requesting to include Acquirer Registrable Units in the underwriting in
proportion, as nearly as practicable, to the number of Acquirer Registrable
Units requested by each such Acquirer Holder to be included in such
registration); (ii) second, if any Person entitled to "piggyback" registration
rights under the 2000 Registration Rights Agreement has requested to include
Units in such registration pursuant to clause (iv) of Section 2.2(a), the Units
so requested to be included; (iii) third, the Registrable Units requested to be
included in such registration pursuant to clause (iii) of Section 2.2(a)
(allocated among all such Holders requesting to include Registrable Units in the
registration in proportion, as nearly as practicable, to the number of
Registrable Units requested by each such Holder to be included in such
registration); and (iv) fourth, other Units requested to be included in such
registration pursuant to clause (iv) of Section 2.2(a) (allocated among all

Unitholder Rights Agreement       11

<PAGE>

Persons requesting to include Units in the underwriting in proportion, as nearly
as practicable, to the number of Units requested by each such Person to be
included in such registration).

                  (g)      Restrictions on Demand Registrations. The Issuer may
postpone (such postponement is referred to herein as an "Acquirer Permitted
Interruption") for a reasonable period of time the filing or the effectiveness
of a registration statement for an Acquirer Demand Registration (including a
"shelf" registration statement filed on Form S-3 in conjunction with Rule 415)
if, at the time it receives a request for such registration (i) the Issuer is
engaged in any active program for repurchase of Units and furnishes an Officer's
Certificate to that effect, (ii) the Issuer is conducting or is about to conduct
an offering of Units and the Issuer is advised by the investment banking firm
engaged by the Issuer to conduct the offering that such offering would be
affected adversely by the registration so demanded and the Issuer furnishes an
Officer's Certificate to that effect or (iii) the General Partner shall
determine in good faith that such offering will interfere with a pending or
contemplated financing, merger, acquisition, sale of assets, recapitalization or
other similar corporate action of the Issuer and the Issuer furnishes an
Officer's Certificate to that effect. Until the expiration of such Acquirer
Permitted Interruption, the Issuer shall not file or permit the effectiveness of
a registration statement for a demand registration on behalf of Holders other
than the Acquirer Holders. After such Acquirer Permitted Interruption, the
Issuer shall effect such registration as promptly as practicable without further
request from the Acquirer Holders unless such request has been withdrawn.

                  (h)      Selection of Underwriters. The Acquirer Holders who
have requested a Demand Registration pursuant to clauses (i) and (ii) of Section
2.21(a) shall have the right to select such managing underwriter(s) as shall be
reasonably acceptable to the Issuer to administer the offering of the Acquirer
Registrable Units for which an Acquirer Demand Registration is requested. The
Acquirer Holders shall, in their sole discretion, negotiate the terms of the
underwriters' fees and expenses, the underwriting discount and commission and
the transfer taxes.

         Section 2.3 Shelf Registration Rights of NewLP.

                  (a)      General. The Issuer shall cause its Registration
Statement on Form S-3 in conjunction with Rule 415 (Registration No.
333-107324), which was declared effective under the Securities Act by the
Commission on November 6, 2003 (the "Shelf Registration Statement"), to remain
effective at all times under the Securities Act for a period of at least 150
days after the Effective Time (unless the NewLP Common Units registered
thereunder have been sold or disposed of prior to the expiration of such 150-day
period), so that NewLP may utilize such Shelf Registration Statement with
respect to the NewLP Common Units (a "NewLP Shelf Registration").
Notwithstanding anything herein to the contrary, such 150-day period shall be
extended by the duration of each NewLP Permitted Interruption. As soon as
practicable following the 150th day (as same may be extended in accordance with
the immediately preceding sentence) after the Effective Time, the Issuer and
NewLP shall take such action as is necessary to cause the Shelf Registration
Statement to be amended to (i) withdraw the NewLP Common Units from the Shelf
Registration Statement and (ii) cause NewLP to cease to be a "selling
unitholder" thereunder, and NewLP shall have no further rights with respect to
registration of the NewLP Common Units by the Issuer under the Securities Act.

Unitholder Rights Agreement       12

<PAGE>

                  (b)      Restrictions on NewLP Registration. The Issuer may
postpone (such postponement is referred to herein as a "NewLP Permitted
Interruption") for a reasonable period of time (not to exceed 150 days in any
12-month period) the filing or the effectiveness of a registration statement or
any necessary supplement to the prospectus thereunder for a NewLP Shelf
Registration if, at the time it receives a request for such registration (i) the
Issuer is conducting or about to conduct an offering of Units and the Issuer is
advised by the investment banking firm engaged by the Issuer to conduct the
offering that such offering would be affected adversely by the registration so
demanded and the Issuer furnishes an Officer's Certificate to that effect or
(ii) the General Partner shall determine in good faith that such offering will
interfere with a pending or contemplated financing, merger, acquisition, sale of
assets, recapitalization or other similar corporate action of the Issuer and the
Issuer furnishes an Officer's Certificate to that effect. Until the expiration
of such NewLP Permitted Interruption, the Issuer shall not file or permit the
effectiveness of a registration statement for a demand registration on behalf of
Holders. After such NewLP Permitted Interruption, the Issuer shall effect such
registration as promptly as practicable without further request from NewLP
unless such request has been withdrawn.

         Section 2.4 Piggyback Registrations.

                  (a)      General. If, at any time commencing at the Effective
Time, (i) the Issuer proposes to register any Common Units for sale under the
Securities Act (including any registration of Common Units pursuant to the
exercise of contractual registration rights by Persons other than the Holders
but excluding registrations for Common Units to be issued in connection with any
employee benefit plan or a merger, consolidation or other business combination
registered on Form S-4 or Form S-8 (or any successor form thereto)) and (ii) the
registration form to be used may be used for the registration of Registrable
Units (a "Piggyback Registration"), the Issuer shall give prompt written notice
(in any event within 10 business days after its receipt of notice of any
exercise of other registration rights) to the Holders of its intention to effect
such a registration and shall include in such registration, subject to the
limitations set forth in this Section 2.4, all of the Registrable Units with
respect to which the Issuer receives from the Holders a written request for
inclusion therein within 10 days after the Holders' receipt of the Issuer's
notice (5 days if the Issuer gives telephonic notice to the Holders, with
written confirmation to follow promptly thereafter via overnight delivery,
stating that (i) such registration will be on Form S-3 (or any successor form)
and (ii) such shorter period of time is required because of a planned filing
date), which request shall specify the number of the Registrable Units proposed
to be disposed of by such Holder and the intended method of disposition thereof.
If the Issuer elects, prior to effectiveness, not to proceed with a primary
registration of its Common Units, it shall not be obligated to register any
Registrable Units.

                  (b)      Priority on Primary Registrations. If a Piggyback
Registration relates to an Issuer Registration and the managing underwriter(s)
of such offering advise the Issuer in writing that in their opinion the number
of Units requested to be included in such offering exceeds the number which can
reasonably be sold in such offering without adversely affecting the marketing of
the Units intended to be sold by the Issuer (taking into account the intended
method of disposition, the quantity of Units desired to be offered and sold by
the Issuer in such offering, the proposed timing of the offering and such other
factors as such managing underwriter(s) deem appropriate), then the Issuer shall
include in such registration only the

Unitholder Rights Agreement       13

<PAGE>

number of Units, if any, held by parties other than the Issuer which in the
opinion of such managing underwriter(s) can be reasonably underwritten and sold
without adversely affecting the marketing of the Units proposed to be sold by
the Issuer, and such number of Units shall be allocated among the Issuer, the
Holders and such other Persons requesting registration of their Units pursuant
to contractual registration rights so as to include (i) first, the Units that
the Issuer proposes to sell; (ii) second, in the event that any Person entitled
to "piggyback" registration rights under the 2000 Registration Rights Agreement
has requested to include Units in such registration pursuant to Section 2.4(a),
the Units so requested to be included; (iii) third, Registrable Units requested
to be included in such registration pursuant to Section 2.4(a) by the Holders
(with the Registrable Units to be so included in such registration to be
allocated among the Holders requesting to include their Registrable Units in
such proportion, as nearly as practicable, to the number of Registrable Units
requested by each such Holder to be included in such registration; (iv) fourth,
Units requested to be included in such registration by other Persons having
contractual registration rights (with Units allocated for purposes of this
clause (iv) among such other Persons in proportion, as nearly as practicable, to
the number of Units requested by each such person to be included in such
registration), and; (iv) among such other Persons in proportion, as nearly as
practicable, to the number of Units requested by each such Person to be included
in such registration). If the managing underwriter(s) of such offering
subsequently advises the Issuer in writing that the number of Units which can be
reasonably underwritten and sold without adversely affecting the marketing of
the Units intended to be sold by the Issuer exceeds the number of Units
initially included in the registration, the Issuer shall include in the
registration such number of additional Units that the managing underwriter(s)
advise can be reasonably underwritten and sold without adversely affecting the
marketing of the Units intended to be sold by the Issuer, and such additional
Units shall be allocated among the Issuer, the Holders and such other Persons
requesting registration of their Units in the same manner as specified above in
this Section 3(b) as if such additional Units had been included initially in the
registration.

                  (c)      Priority on Secondary Registrations. If a Piggyback
Registration relates to a proposed underwritten secondary offering of Units on
behalf of holders of the Issuer's securities other than the Holders and the
managing underwriter(s) of such offering advise the Issuer in writing that in
their opinion the number of securities requested to be included in such
registration exceeds the number which can reasonably be underwritten and sold in
such offering without adversely affecting the marketing of the Units proposed to
be sold by the Unitholders exercising demand registration rights (taking into
account the intended method of disposition, the quantity of Units desired to be
sold by such Unitholders in such offering, the proposed timing of such offering
and such other factors as such managing underwriter(s) deem appropriate), then
the Issuer shall include in such registration only the number of Units, if any,
held by parties other than the Unitholders of the Issuer exercising demand
registration rights which in the opinion of such managing underwriter(s) can be
reasonably underwritten and sold without adversely affecting the marketing of
the Units proposed to be sold by the Unitholders exercising demand registration
rights, and such number of Units shall be allocated among the Issuer, the
Holders and such other Persons requesting registration of their Units so as to
include (i) first, if such registration is being made on behalf of other
Unitholders of the Issuer exercising demand registration rights, then the
securities so requested to be included therein in accordance with such demand
registration rights; (ii) second, if any Person entitled to "piggyback"
registration rights under the 2000 Registration Rights Agreement has requested
to include Units in such registration

Unitholder Rights Agreement       14

<PAGE>

pursuant to Section 2.4(a), the Units so requested to be included; (iii) third,
Registrable Units requested to be included in such registration pursuant to
Section 2.4(a) by the Holders (with the Registrable Units to be so included in
such registration to be allocated among the Holders requesting to include their
Registrable Units in such proportion, as nearly as practicable, to the number of
Registrable Units requested by each such Holder to be included in such
registration), and; (iv) fourth, the Units requested to be included in such
registration by other Persons having contractual registration rights (with Units
allocated for purposes of this clause (iv) among such Persons in proportion, as
nearly as practicable, to the number of Units requested by each such Person to
be included in such registration). If the managing underwriter of such offering
subsequently advises the Issuer in writing that the number of Units which can be
sold exceeds the number of Units initially included in the registration, the
Issuer shall include in the registration such number of additional Units that
the managing underwriter(s) advise can be reasonably underwritten and sold
without adversely affecting the marketing of the Units proposed to be sold by
the Unitholders exercising demand registration rights, and such additional Units
shall be allocated among the Issuer, the Holders and such other Persons
requesting registration of their Units in the same manner as specified above in
this Section 2.4(c) as if such additional Units had been included initially in
the registration.

                  (d)      Other Registrations. If (i) the Issuer has previously
filed a registration statement with respect to any of the Registrable Units
pursuant to any of Sections 2.1(a), 2.2(a) or 2.3(a) hereof and (ii) such
previous registration has not been withdrawn or abandoned, the Issuer shall not
file or cause to be effective any other registration of any of its equity
securities or securities convertible or exchangeable into or exercisable for its
equity securities under the Securities Act (except on Form S-8 or S-4 or any
successor form), whether on its own behalf or at the request of any holder or
holders of such securities, until a period of at least 90 days has elapsed from
the effective date of such previous registration; provided, however, that this
Section 2.4(d) shall not prohibit (i) the Issuer from filing a "shelf"
registration statement on Form S-3 in conjunction with Rule 415 (or any other
registration form that is available for use in conjunction with Rule 415) with
respect to offerings of securities from time to time under Rule 415 or (ii) the
Issuer or any selling Unitholder from making any offering of securities
thereunder, in either event during the 90-day period referred to above in this
Section 2.4(d).

                  (e)      Piggyback Not A Demand Registration. If the Holder's
participation in a registration is pursuant to a Piggyback Registration in
connection with an underwritten primary registration on behalf of the Issuer as
described in any of Section 2.4(a) hereof, then such participation by the
Holders shall not count as a Demand Registration of the Holders permitted under
Sections 2.1(a), 2.2(a) or 2.3(a) hereof.

Unitholder Rights Agreement       15

<PAGE>

         Section 2.5 General.

                  (a)      Holdback Agreements. Each of the Holders agrees not
to effect any public sale or public distribution of equity securities of the
Issuer, or any securities convertible into or exchangeable or exercisable for
equity securities of the Issuer, including, without limitation, sales pursuant
to Rule 144 (or any similar rule then in effect), during the 10 days prior to,
and the 90 days beginning on, the effective date of any Issuer Registration,
Demand Registration or any Piggyback Registration relating to an underwritten
offering in which Units or securities of the Issuer convertible into or
exchangeable for Common Units are included (except as part of such underwritten
registration) unless the underwriters managing the underwritten offering
otherwise agree.

                  (b)      Agreement by the Issuer. The Issuer agrees not to
effect any public sale or distribution of its equity securities, or any
securities convertible into or exchangeable or exercisable for its equity
securities, during the 10 days prior to and during the 90 days beginning on the
effective date of any underwritten Demand Registration or any underwritten
Piggyback Registration in which shares of Registrable Units are included unless
the underwriters managing the registered public offering otherwise agree.

                  (c)      Registration Procedures. Whenever a Holder requests
registration pursuant to this Agreement, the Issuer shall use its reasonable
commercial efforts to effect the registration of Registrable Units for which
registration is requested in accordance with the intended method of disposition
thereof, and pursuant thereto the Issuer shall as expeditiously as possible:

                           (i)      prepare and file with the Commission a
registration statement with respect to such securities and use its reasonable
commercial efforts to cause such registration statement to become effective as
soon thereafter as possible;

                           (ii)     prepare and file with the Commission such
amendments and supplements to such registration statement and the prospectus
used in connection therewith as may be necessary to keep such registration
statement effective for a period of not less than 90 days after such
registration statement has become effective under the Securities Act, provided,
that the Issuer shall have no obligation pursuant to this Agreement to maintain
the effectiveness of such registration statement after the sale of the
securities registered thereunder or after the 90th day following the date such
registration statement has become effective under the Securities Act (other than
a "shelf" registration statement filed on Form S-3, the effectiveness of which
shall be maintained until the earlier to occur of (A) the sale of the securities
requested thereunder and (B) the 365th day following the date such shelf
registration statement has become effective under the Securities Act, provided,
that if a Permitted Interruption prior to such date has lasted more than 45
days, then such date shall be extended by the number of days by which any
Permitted Interruption has lasted more than 45 days) the date the Holders of
Registrable Securities registered for sale thereunder agree that the
effectiveness need not be maintained), and shall comply with the provisions of
the Securities Act with respect to the disposition of all securities owned by
the Holder that are covered by such registration statement during such period in
accordance with the intended methods of disposition by the Holder;

Unitholder Rights Agreement       16

<PAGE>

                           (iii)    furnish to such Holder such number of copies
of such registration statement, each amendment and supplement thereto, the
prospectus included in such registration statement (including each preliminary
prospectus) and such other documents as the Holder may request in order to
facilitate the disposition of the shares of Registrable Units owned by such
Holder;

                           (iv)     use its reasonable commercial efforts to
register or qualify such shares of Registrable Units under such other securities
or Blue Sky Laws of such jurisdictions as such Holder reasonably requests
(provided, that the Issuer will not be required to (A) qualify generally to do
business in any jurisdiction where it would not otherwise be required to qualify
but for this sub-clause (iv), (B) subject itself to taxation in any such
jurisdiction or (C) consent to general service of process in such jurisdiction);

                           (v)      provide a transfer agent and registrar for
all such Registrable Units no later than the effective date of such registration
statement;

                           (vi)     obtain a "cold comfort" letter from the
Issuer's independent public accountants in customary form, covering such matters
of the type customarily covered by "cold comfort" letters delivered to
underwriters; and obtain an opinion of counsel for the Issuer in customary form,
covering such matters of the type customarily covered in opinions of legal
counsel delivered to underwriters;

                           (vii)    if underwriters are engaged in connection
with any registration referred to in this Agreement, the Issuer shall provide
indemnification, representations, covenants, opinions, and other assurances to
the underwriters in form and substance reasonably satisfactory to such
underwriter;

                           (viii)   notify such Holder and the managing
underwriters, if any, promptly, and (if requested by any such Person) confirm
such advice in writing, (A) when a prospectus or any prospectus supplement or
post-effective amendment has been filed, and, with respect to a registration
statement or any post-effective amendment, when the same has become effective,
(B) of any request by the Commission for amendments or supplements to a
registration statement or related prospectus or for additional information, (C)
of the issuance by the Commission of any stop order suspending the effectiveness
of a registration statement or the initiation of any proceedings for that
purpose, (D) of the receipt by the Issuer of any notification with respect to
the suspension of the qualification of any of the registrable securities for
sale in any jurisdiction or the initiation or threatening of any proceeding for
such purpose, (E) of the happening of any event which requires the making of any
changes in a registration statement or related prospectus so that such documents
will not contain any untrue statement of a material fact or omit to state any
material fact required to be stated therein or necessary to make the statements
therein not misleading, in light of the circumstances under which such
statements are made, and (F) of the Issuer's reasonable determination that a
post-effective amendment to a registration statement would be required;

                           (ix)     notify such Holder at any time when a
prospectus relating thereto is required to be delivered under the Securities
Act, of the occurrence of any event as a result of which the prospectus included
in such registration statement contains an untrue statement of a

Unitholder Rights Agreement       17

<PAGE>

material fact or omits any fact necessary to make the statements therein not
misleading, in light of the circumstances under which such statements were made,
and, at the request of such Holder, the Issuer shall prepare a supplement or
amendment to such prospectus so that, as thereafter delivered to the purchasers
of such shares such amended or supplemented prospectus shall not contain an
untrue statement of a material fact or omit to state any fact necessary to make
the statements therein, in light of the circumstances under which they were
made, not misleading;

                           (x)      if requested by the managing underwriters or
such Holder, incorporate in a prospectus supplement or post-effective amendment
such information as the managing underwriter(s) and such Holder agree should be
included therein relating to the sale and distribution of Registrable Units,
including, without limitation, information with respect to the number of
Registrable Units being sold to such underwriters, the purchase price being paid
therefor by such underwriters and with respect to any other terms of the
underwritten (or best efforts underwritten) offering of the Registrable Units to
be sold in such offering; make all required filings of such prospectus
supplement or post-effective amendment as soon as notified of the matters to be
incorporated in such prospectus supplement or post-effective amendment; and
supplement or make amendments to any registration statement if requested by such
Holder or any underwriter of such shares;

                           (xi)     furnish to such Holder and each managing
underwriter, without charge, such signed copies of the registration statement or
statements and any post-effective amendment thereto, including financial
statements and schedules, all documents incorporated therein by reference and
all exhibits (including those incorporated by reference) as such Holder or
managing underwriter may reasonably request;

                           (xii)    cooperate with such Holder and the managing
underwriter(s), if any, to facilitate the timely preparation and delivery of
certificates representing shares to be sold and not bearing any restrictive
legends unless required by applicable law; and enable such shares to be in such
denominations and registered in such names as the managing underwriter(s) may
request at least two business days prior to any sale of shares to the
underwriters;

                           (xiii)   in the case of an underwritten offering,
enter into such customary agreements (including underwriting agreements in
customary form) and take all such other actions as such Holder or the
underwriter(s), if any, reasonably request in order to expedite or facilitate
the disposition of such Registrable Units; and

                           (xiv)    make available for inspection by such
Holder, any underwriter participating in any disposition pursuant to such
registration statement, and any attorney, accountant or other agent retained by
any such seller or underwriter, all financial and other records, pertinent
corporate documents and properties of the Issuer, and cause the Issuer's
officers, directors, employees and independent accountants to supply all
information reasonably requested by any such seller, underwriter, attorney,
accountant or agent in connection with such registration statement.

         Section 2.6 Issuer Reports. The Issuer shall timely file all reports
required to be filed by it under the Securities Act and the Exchange Act and the
General Rules and Regulations promulgated by the Commission thereunder, and take
such further reasonable action as may be

Unitholder Rights Agreement       18

<PAGE>

necessary or appropriate for the Issuer to use Form S-2 or S-3 (or any similar
registration form hereafter adopted by the Commission) to register the
Registrable Units for sale thereon.

         Section 2.7 Information To Be Furnished By The Holders. In connection
with any registration of Registrable Units hereunder, the Issuer may require the
Holder(s) whose securities are being registered to furnish the Issuer with such
information regarding such Holder and the distribution of such Registrable Units
as the Issuer may from time to time reasonably request in writing in order to
comply with the Securities Act. Each such Holder agrees to notify the Issuer as
promptly as practicable of any inaccuracy or change in information previously
furnished to the Issuer or of the occurrence of any event in either case as a
result of which any prospectus relating to such registration contains untrue
statements of a material fact regarding such Holder or the distribution of such
Registrable Units or omits to state any material fact regarding such Holder or
the distribution of such Registrable Units or omits to state any material fact
regarding such Holder or the distribution of such Registrable Units required to
be stated therein or necessary to make the statements therein not misleading in
light of the circumstances under which such statements were made, and to
promptly furnish to the Issuer any additional information required to correct
and update any previously furnished information or required such that such
prospectus shall not contain, with respect to such Holder or the distribution of
such Registrable Units, an untrue statement of a material fact or omit to state
a material fact required to be stated therein or necessary to make the
statements therein not misleading in light of the circumstances under which such
statements are made.

         Section 2.8 Suspension Of Offering Pending Prospectus Supplement Or
Amendment. Each of the Holders agrees that, upon receipt of any notice from the
Issuer of the occurrence of any event of the kind described in Section
2.5(c)(viii)(B), (C), (D), (E) or (F) hereof, such Holder will forthwith
discontinue disposition of the Registrable Units covered by such registration
statement or prospectus until such Holder's receipt of the copies of the
supplemented or amended prospectus relating to such registration statement or
prospectus, or until it is advised in writing by the Issuer that the use of the
applicable prospectus may be resumed, and has received copies of any additional
or supplemental filings which are incorporated by reference in such prospectus,
and, if so directed by the Issuer, such Holder will deliver to the Issuer all
copies, other than permanent file copies then in such Holder's possession, of
the prospectus covering the Registrable Units current at the time of receipt of
such notice.

Unitholder Rights Agreement       19

<PAGE>

         Section 2.9 Registration Expenses.

                  (a)      General. All expenses incident to the Issuer's
performance and execution of Demand Registrations or Piggyback Registrations,
and the Issuer's performance of or compliance with this Agreement, including,
without limitation, all registration and filing fees, fees and expenses of
compliance with securities or Blue Sky Laws, expenses and fees for listing the
securities on the appropriate securities exchanges, all internal expenses, the
expense of any annual audit or quarterly review, printing expenses, messenger
and delivery expenses, fees and disbursements of counsel for the Issuer and all
independent certified public accountants (including the expenses of any special
audit and "cold comfort" letters required by or incident to such performance),
and fees and costs of underwriters (excluding discounts and commissions and fees
of underwriters, selling brokers, dealer managers or similar securities industry
professionals relating to the distribution of the Registrable Units) and other
Persons retained by the Issuer (all such expenses being herein called
"Registration Expenses"), shall be borne by the Issuer.

                  (b)      Payment for Holder Counsel Fees. In connection with
any Demand, Registration or Piggyback Registration, each of the Holders will be
responsible for the fees and disbursements of any law firm or law firms chosen
by such Holders to represent them.

                  (c)      Payment of Expenses by the Holders. Each of the
Holders agrees to pay the underwriters' fees and expenses, the underwriters'
discounts and commissions and the commissions and fees, if any, payable in
respect of selling brokers, dealer managers or similar securities industry
professionals, and transfer taxes allocable to the registration of such Holder's
securities so included in any Demand Registration or Piggyback Registration
pursuant to this Agreement.

         Section 2.10 Underwritten Offerings.

                  (a)      Underwriting Agreement. In any underwritten offering
by a Holder pursuant to a registration requested under any of Sections 2.1(a),
2.2(a) or 2.3(a) or 2.4(a) hereof, the Issuer shall enter into an underwriting
agreement which shall be reasonably satisfactory in form and substance to such
Holder and the underwriters and which shall contain representations, warranties
and agreements (including indemnification agreements to the effect and
consistent with that provided in Section 2.11 hereof) as are customarily
included by an issuer in underwriting agreements with respect to primary
distributions. Each of the Holders whose Registrable Units are included in any
registration shall be a party to such underwriting agreement and may, at its
option, require that any or all of the representations and warranties by, and
the other agreements on the part of, the Issuer to and for the benefit of such
underwriters shall also be made to and for the benefit of such Holder and that
any or all of the conditions precedent to the obligations of such underwriters
under such underwriting agreement be conditions precedent to the obligations of
such Holder.

                  (b)      Condition to Participation and Qualifications to
Obligations Under Registration Covenants. The obligations of the Issuer to use
its reasonable commercial efforts to cause the Registrable Units to be
registered under the Securities Act are subject to each of the conditions that
none of the Holders may participate in any underwritten offering hereunder

Unitholder Rights Agreement       20

<PAGE>

unless such Holder (a) agrees to sell the Registrable Units on the basis
provided in any underwriting arrangements approved by the Persons entitled
hereunder to approve such arrangements and (b) completes and executes all
questionnaires, powers of attorney, indemnities, underwriting agreements and
other documents required under the terms of such underwriting arrangements.

         Section 2.11 Indemnification.

                  (a)      By the Issuer. In the event of any registration of
any Registrable Units under the Securities Act, the Issuer will, and hereby
does, indemnify and hold harmless, to the fullest extent permitted by law, each
Holder whose Registrable Units are included therein, its directors and officers,
each other Person who participates as an underwriter in the offering or sale of
such securities and each other Person, if any, who controls such seller or any
such underwriter within the meaning of the Securities Act, against any and all
losses, claims, damages, liabilities and expenses, joint or several, (or actions
or proceedings, whether commenced or threatened, in respect thereof) to which
they or any of them may become subject under the Securities Act or any other
statute or common law, including any amount paid in settlement of any
litigation, commenced or threatened, and to reimburse them for any legal or
other expenses incurred by them in connection with investigating any claims and
defending any actions, insofar as any such losses, claims, damages, liabilities,
expenses or actions arise out of or are based upon (i) any untrue statement or
alleged untrue statement of a material fact contained in the registration
statement relating to the sale of such securities or any post-effective
amendment thereto or in any filing made in connection with the qualification of
the offering under Blue Sky or other securities laws or jurisdictions in which
the Registrable Units are offered ("Blue Sky Filing"), or the omission or
alleged omission to state therein or necessary in order to make the statements
therein, in light of the circumstances under which they were made, not
misleading or (ii) any untrue statement or alleged untrue statement of a
material fact contained in any preliminary prospectus, if used prior to the
effective date of such registration statement (unless such statement is
corrected in the final prospectus and the Issuer has previously furnished copies
thereof to each of such Holders and the underwriters), or contained in the final
prospectus (as amended or supplemented if the Issuer shall have filed with the
Commission, and furnished to such Holders and the underwriters of such offering
copies thereof, prior to the written confirmation of any sale to the Person
asserting liability, any amendment thereof or supplement thereto) if used within
the period during which the Issuer is required to keep the registration
statement to which such prospectus relates current, or the omission or alleged
omission to state therein (if so used) a material fact necessary in order to
make the statements therein, in light of the circumstances under which they were
made, not misleading; provided, however, that the indemnification agreement
contained herein shall not (i) apply to such losses, claims, damages,
liabilities, expenses or actions arising out of, or based upon, any such untrue
statement or alleged untrue statement, or any such omission or alleged omission,
if such statement or omission was made in reliance upon and in conformity with
information furnished to the Issuer by any of the Holders or such underwriter
specifically for use in connection with preparation of the registration
statement, any preliminary prospectus or final prospectus contained in the
registration statement, any such amendment or supplement thereto or any Blue Sky
Filing or (ii) inure to the benefit of any underwriter or any Person controlling
such underwriter, to the extent that any such loss, claim, damage, liability (or
action or proceeding in respect thereof) or expense arises out of such Person's
failure to send or give a copy of the final prospectus, as the same may be then

Unitholder Rights Agreement       21

<PAGE>

supplemented or amended, to the Person asserting an untrue statement or alleged
untrue statement or omission or alleged omission at or prior to the written
confirmation of the sale of Registrable Units to such Person if such statement
or omission was corrected in such final prospectus. Such indemnity shall remain
in full force and effect regardless of any investigation made by or on behalf of
such seller or any such director, officer or controlling Person and shall
survive the transfer of such securities by such seller.

                  (b)      By the Holders. The Issuer may require, as a
condition to including any Registrable Units in any registration statement filed
pursuant to any of Sections 2.1, 2.2, 2.3 or 2.4 hereof, that the Issuer shall
have received an undertaking satisfactory to it from each of the Holders whose
Registrable Units are to be included therein, to indemnify and hold harmless (in
the same manner and to the same extent as set forth in Section 2.11(a) hereof)
the Issuer, its General Partner, each director of the General Partner, each
officer of the General Partner and each other Person, if any, who controls the
Issuer within the meaning of the Securities Act, with respect to any untrue
statement or alleged untrue statement in, or omission or alleged omission from,
such registration statement, any preliminary prospectus or final prospectus
contained therein, or any amendment or supplement thereto, if such statement or
omission was made in reliance upon and in conformity with information furnished
to the Issuer by such Holder specifically for use in the preparation of such
registration statement, preliminary prospectus, final prospectus, amendment or
supplement. Such indemnity shall remain in full force and effect, regardless of
any investigation made by or on behalf of the Issuer or any such director,
officer or controlling Person and shall survive the transfer of such securities
by such seller.

                  (c)      Notices of Claims, etc. Promptly after receipt by an
indemnified party of notice of the commencement of any action or proceeding
involving a claim referred to in Sections 2.11(a) or 2.11(b) hereof, such
indemnified party will, if a claim in respect thereof is to be made against an
indemnifying party, give written notice to the latter of the commencement of
such action, provided, that the failure of any indemnified party to give notice
as provided herein shall not relieve the indemnifying party of its obligations
under Sections 2.11(a) or 2.11(b) hereof, as the case may be, except to the
extent that the indemnifying party is actually prejudiced by such failure to
give notice. In case any such action is brought against an indemnified party,
the indemnifying party shall be entitled to participate in and, unless in such
indemnified party's reasonable judgment a conflict of interest between such
indemnified and indemnifying parties may exist in respect of such claim, to
assume the defense thereof, jointly with any other indemnifying party similarly
notified to the extent that it may wish, with counsel reasonably satisfactory to
such indemnified party, and after notice from the indemnifying party to such
indemnified party of its election so to assume the defense thereof, the
indemnifying party shall not be liable to such indemnified party for any legal
or other expenses subsequently incurred by the latter in connection with the
defense thereof other than reasonable costs of investigation. In the event that
the indemnifying party advises an indemnified party that it will contest a claim
for indemnification hereunder, or fails, within 30 days of receipt of any
indemnification notice to notify, in writing, such Person of its election to
defend, settle or compromise, at its sole cost and expense, any action,
proceeding or claim (or discontinues its defense at any time after it commences
such defense), then the indemnified party may, at its option, defend, settle or
otherwise compromise or pay such action or claim. In any event, unless and until
the indemnifying party elects in writing to assume and does so assume the
defense of any such claim, proceeding or action, the indemnified party's costs
and expenses arising out of the

Unitholder Rights Agreement       22

<PAGE>

defense, settlement or compromise of any such action, claim or proceeding shall
be losses subject to indemnification hereunder. The indemnified party shall
cooperate fully with the indemnifying party in connection with any negotiation
or defense of any such action or claim by the indemnifying party and shall
furnish to the indemnifying party all information reasonably available to the
indemnified party which relates to such action or claim. The indemnifying party
shall keep the indemnified party fully apprised at all times as to the status of
the defense or any settlement negotiations with respect thereto. If the
indemnifying party elects to defend any such action or claim, then the
indemnified party shall be entitled to participate in such defense with counsel
of its choice at its sole cost and expense. If the indemnifying party does not
assume such defense, the indemnified party shall keep the indemnifying party
apprised at all times as to the status of the defense; provided, however, that
the failure to keep the indemnifying party so informed shall not affect the
obligations of the indemnifying party hereunder. No indemnifying party shall be
liable for any settlement of any action, claim or proceeding effected without
its written consent; provided, however, that the indemnifying party shall not
unreasonably withhold, delay or condition its consent. No indemnifying party
shall, without the consent of the indemnified party, consent to entry of any
judgment or enter into any settlement which does not include as an unconditional
term thereof the giving by the claimant or plaintiff to such indemnified party
of a release from all liability in respect to such claim or litigation.

                  (d)      Contribution. If the indemnification provided for in
or pursuant to Sections 2.11(a) or 2.11(b) hereof is due in accordance with the
terms thereof, but is held by a court to be unavailable or unenforceable in
respect of any losses, claims, damages, liabilities or expenses referred to
therein, then each applicable indemnifying party, in lieu of indemnifying such
indemnified party, shall contribute to the amount paid or payable by such
indemnified Person as a result of such losses, claims, damages, liabilities or
expenses in such proportion as is appropriate to reflect the relative fault of
the indemnifying party on the one hand and of the indemnified party on the other
in connection with the statements or omissions which resulted in such losses,
claims, damages, liabilities or expenses as well as the relative benefits
received by the indemnifying party on the one hand and of the relative benefits
of the indemnified party on the other hand. The relative fault of the
indemnifying party on the one hand and of the indemnified Person on the other
shall be determined by reference to, among other things, whether the untrue or
alleged untrue statement of a material fact or the omission or alleged omission
to state a material fact relates to information supplied by the indemnifying
party or by the indemnified party, by such party's relative intent, knowledge,
access to information and opportunity to correct or prevent such statement, or
omission. The relative benefits of the indemnifying party and the indemnified
party shall be determined by reference to, among other things, the net proceeds
received by each such party from the offering and sale of Units.

                                    ARTICLE 3
                  EXCLUSIVITY AND WAIVER OF REGISTRATION RIGHTS

         NewLP hereby acknowledges and agrees that the rights granted to NewLP
pursuant to this Agreement are the sole and exclusive rights of NewLP with
respect to the registration of NewLP Common Units and HHI Registrable Units. If
NewLP succeeds to ownership of any of the HHI Registrable Units pursuant to the
terms of the Pledge Agreement, Acquirer hereby agrees to waive and relinquish,
for itself and on behalf of their Affiliates, all rights of Acquirer

Unitholder Rights Agreement       23

<PAGE>

and their Affiliates under Section 7.13 of the Partnership Agreement and this
Agreement until such time as the Pledged Units are no longer HHI Registrable
Units.

                                    ARTICLE 4
                    EFFECTIVE TIME AND TERM OF THIS AGREEMENT

         This Agreement will be effective for all purposes as of the closing of
the transactions effected pursuant to the Contribution Agreement (the "Effective
Time") and will continue in full force and effect until the first to occur of
(i) the fifth anniversary of the Effective Time and (ii) the date that all of
the Holders shall have sold or otherwise disposed of all right, title and
interest in their Registrable Units in compliance with applicable law and the
applicable terms and provisions of this Agreement, provided, however, that no
such termination shall affect the waiver under Article 3 hereof which shall
continue in full force and effect thereafter. This Agreement will terminate and
be of no further force or effect upon any termination of the Contribution
Agreement.

                                    ARTICLE 5
                                  MISCELLANEOUS

         Section 5.1 Specific Enforcement. Each party acknowledges and agrees
that the other party could be irreparably damaged in the event any of the
provisions of this Agreement were not performed by the party required to perform
the same in accordance with their specific terms or were otherwise breached.
Each party accordingly agrees that the other party shall be entitled to an
injunction or injunctions to prevent breaches of the provisions of this
Agreement and to specifically enforce the terms and provisions thereof in any
court of the United States or any state thereof having jurisdiction, in addition
to any remedy to which a party may be entitled at law or equity.

         Section 5.2 Severability. If any term, provision, covenant or
restriction of this Agreement is held by a court of competent jurisdiction to be
invalid, void, or unenforceable, the remainder of the terms, provisions,
covenants and restrictions shall remain in full force and effect and shall in no
way be affected, impaired or invalidated. It is hereby stipulated and declared
to be the intention of the parties that they would have executed the remaining
terms, provisions, covenants and restrictions without including any of such
which may be hereafter declared invalid, void or unenforceable.

         Section 5.3 Amendments. This Agreement contains the entire
understanding of the parties with respect to the registration of Registrable
Units, and may be amended only by an agreement in writing signed by (i) the
Issuer, (ii) if any HHI Registrable Units then remain outstanding, a majority of
the HHI Registrable Units and (iii) if any Acquirer Registrable Units then
remain outstanding, a majority of the Acquirer Registrable Units. The provisions
of Section 2.3 of this Agreement may be amended only by an agreement signed in
writing by the Issuer and NewLP. Notwithstanding the consent requirements set
forth in the previous sentence, a waiver or consent to depart from the
provisions hereof with respect to a matter that relates exclusively to the
rights of Holders of Registrable Units whose securities are being sold pursuant
to a registration statement and that does not directly or indirectly affect,
impair, limit or compromise the rights of other Holders of Registrable Units may
be given by Holders of at least a majority in

Unitholder Rights Agreement       24

<PAGE>

aggregate number of the Registrable Units being tendered or being sold by such
Holders pursuant to such registration statement and, provided further, that no
such modification, amendment or waiver under this sentence may treat any Holder
more adversely than any other Holder without such Holder's written consent.

         Section 5.4 Descriptive Headings. Descriptive headings are for
convenience only and shall not control or affect the meaning or construction of
any provision of this Agreement.

         Section 5.5 Counterparts. For the convenience of the parties, any
number of counterparts of this Agreement may be executed by one or more parties
hereto and each such executed counterpart shall be, and shall be deemed to be,
an original instrument.

         Section 5.6 Notices. All notices, consents, requests, instructions,
approvals and other communications provided for herein and all legal process in
regard hereto shall be validly given, made or served, if in writing and
delivered personally, by facsimile transmission (except for legal process) or
sent by registered mail, postage prepaid, to the Holders at the addresses set
forth on the signature pages hereto (or at such other addresses as shall be
specified by any such Holder by like notice) or to any of the other Parties at
the addresses (or at such other addresses as shall be specified by the Parties
by like notice) set forth below:

                  (a)      If to NewLP:

                           TAAP LP

                           ___________________________________
                           ___________________________________
                           Attention:___________________________
                           Facsimile:___________________________

                           with a copy to

                           Andrews Kurth LLP
                           600 Travis Street
                           Suite 4200
                           Houston, Texas 77002
                           Attention: G. Michael O'Leary
                           Facsimile: (713) 220-4285

                  (b)      If to Acquirer:

                           c/o ETC Holdings, LP
                           2838 Woodside Street
                           Dallas, Texas
                           Attention: Clay Kutch
                           Facsimile: (214) 981-0701

Unitholder Rights Agreement       25

<PAGE>

                           with a copy to:

                           Thompson & Knight L.L.P.
                           1700 Pacific Avenue
                           Suite 3300
                           Dallas, Texas 75201
                           Attention: Jeffrey A. Zlotky
                           Facsimile: (214) 969-1751

                  (c)      If to the Issuer or HHI:

                           Heritage Propane Partners, L.P.
                           8801 South Yale
                           Suite 310
                           Tulsa, Oklahoma 74137
                           (918) 492-7272
                           Attention: Michael Krimbill
                           Facsimile: (918) 493-7290

                           with a copy to:

                           Doerner, Saunders, Daniel & Anderson L.L.P.
                           320 South Boston Avenue
                           Suite 500
                           Tulsa, Oklahoma  74103
                           (918) 591-5207 Attention: Robert A.
                           Burk Facsimile: (918) 591-5360

                           and

                           Thompson & Knight L.L.P.
                           1700 Pacific Avenue
                           Suite 3300
                           Dallas, Texas 75201
                           Attention: Jeffrey A. Zlotky
                           Facsimile: (214) 969-1751

Notice given by facsimile shall be deemed delivered on the day the sender
receives facsimile confirmation that such notice was received at the facsimile
number of the addressee. Notice given by mail as set out above shall be deemed
delivered three days after the date the same is postmarked.

         Section 5.7 Governing Law. THIS AGREEMENT SHALL BE GOVERNED BY AND
CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF TEXAS. EACH OF THE PARTIES
HERETO AGREES TO SUBMIT TO THE JURISDICTION OF

Unitholder Rights Agreement       26

<PAGE>

THE STATE OR FEDERAL COURTS OF THE STATE OF TEXAS IN ANY ACTION OR PROCEEDING
ARISING OUT OF OR RELATING TO THIS AGREEMENT.

         Section 5.8 Successors And Assigns. This Agreement shall inure to the
benefit of and be binding upon the successors, assigns and transferees of each
of the parties, including, without limitation and without the need for an
express assignment, subsequent holders of the Registrable Units; provided,
however, that nothing herein shall be deemed to permit any assignment, transfer
or other disposition of Registrable Units in violation of the terms hereof or
any other agreement to which the parties may be subject; and provided further,
that Holders of Registrable Units may not assign their rights under this
Agreement except in connection with a transfer of Registrable Units and then
only insofar as relates to such Registrable Units. If any transferee of any
Holder shall acquire Registrable Units, in any manner, whether by operation of
law or otherwise, such Registrable Units shall be held subject to all of the
terms of this Agreement, and by taking and holding such Registrable Units, such
Person shall be conclusively deemed to have agreed to be bound by and to perform
all of the terms and provisions of this Agreement, and such Person shall be
entitled to receive the benefits hereof. If NewLP (or any of its successor(s) or
assign(s)) succeeds to ownership of any of the HHI Registrable Units pursuant to
the terms of the Pledge Agreement, HHI shall concurrently with the succession by
NewLP (or such successor(s) or assign(s)) to ownership of such HHI Registrable
Units be deemed to have assigned to NewLP (or such successor(s) or assign(s), as
the case may be) its rights under this Agreement with respect to the Pledged
Units then owned by NewLP pursuant to the terms of the Pledge Agreement and such
units shall continue to be "HHI Registrable Units" and NewLP (or such
successor(s) or assign(s), as the case may be) shall be an "HHI Holder" for all
purposes under this Agreement as if it were originally named an HHI Holder
herein.

         Section 5.9 Entire Agreement. This Agreement, together with the
schedules and exhibits hereto, constitutes the entire agreement among the
parties hereto with respect to the subject matter hereof and supercedes all
prior agreements, both written and oral, among the parties hereto with respect
to the subject matter hereof.

Unitholder Rights Agreement       27
<PAGE>

         IN WITNESS WHEREOF, the Issuer and HHI have caused this Agreement to be
duly executed by their respective officers, each of whom is duly and validly
authorized and empowered, all as of the day and year first above written.

                                    HERITAGE PROPANE PARTNERS, L.P.

                                    By: U.S. PROPANE, L.P.
                                        ITS GENERAL PARTNER

                                    By: U.S. PROPANE, L.L.C.
                                        ITS GENERAL PARTNER

                                    By:___________________________________
                                        Name:
                                        Title:

                                    HERITAGE HOLDINGS, INC.

                                    By:___________________________________
                                        Name:
                                        Title:

                                    TAAP LP

                                    By: TAAP GP LLC
                                        ITS GENERAL PARTNER

                                    By:___________________________________
                                        Name:
                                        Title:

                                    LA GRANGE ENERGY, L.P.

                                    By: LE GP, LLC
                                        ITS GENERAL PARTNER

                                    By:___________________________________
                                        Name:
                                        Title:

Unitholder Rights Agreement<PAGE>

                                                                  EXHIBIT 10.2.8

                            HERITAGE OPERATING, L.P.

                            SIXTH AMENDMENT AGREEMENT

      Re:       Note Purchase Agreement dated as of June 25, 1996
              Note Purchase Agreement dated as of November 19, 1997
               Note Purchase Agreement dated as of August 10, 2000

                                                                     Dated as of
                                                               November 18, 2003

To each of the Holders named
   in Schedule 1 to this Sixth
   Amendment Agreement

Ladies and Gentlemen:

         Reference is made to

                           (i)      the Note Purchase Agreement dated as of June
         25, 1996 (the "Original 1996 Agreement"), among Heritage Operating,
         L.P., a Delaware limited partnership (the "Company") and the Purchasers
         named in the Purchaser Schedule attached thereto, as amended by a
         letter agreement (the "Letter Agreement") dated July 25, 1996, a First
         Amendment Agreement (the "First Amendment Agreement") dated as of
         October 15, 1998, a Second Amendment Agreement (the "Second Amendment
         Agreement") dated as of September 1, 1999, a Third Amendment Agreement
         (the "Third Amendment Agreement") dated as of May 31, 2000, a Fourth
         Amendment Agreement (the "Fourth Amendment Agreement") dated as of
         August 10, 2000, and a Fifth Amendment Agreement (the "Fifth Amendment
         Agreement") dated as of December 28, 2000 (said Original 1996
         Agreement, as amended by the Letter Agreement, the First Amendment
         Agreement, the Second Amendment Agreement, the Third Amendment
         Agreement, the Fourth Amendment Agreement and the Fifth Amendment
         Agreement, being hereinafter referred to as the "Outstanding 1996
         Agreement") under and pursuant to which the Company issued, and there
         are presently outstanding, $96,000,000 aggregate principal amount of
         its 8.55% Senior Secured Notes due June 30, 2011 (the "1996 Notes");
         and

                           (ii)     the Note Purchase Agreement dated as of
         November 19, 1997 (the "Original 1997 Agreement"), among the Company
         and the Purchasers named in the Initial Purchaser Schedule attached
         thereto, as amended by the First Amendment Agreement dated as of
         October 15, 1998, a Second Amendment Agreement (the "Second Amendment
         Agreement") dated as of September 1, 1999, a Third Amendment Agreement

<PAGE>

         (the "Third Amendment Agreement") dated as of May 31, 2000, a Fourth
         Amendment Agreement (the "Fourth Amendment Agreement") dated August 10,
         2000 and a Fifth Amendment Agreement (the "Fifth Amendment Agreement")
         dated as of December 28, 2000 (said Original 1997 Agreement, as so
         amended by the First Amendment Agreement, the Second Amendment
         Agreement, the Third Amendment Agreement, the Fourth Amendment
         Agreement and the Fifth Amendment Agreement, being hereinafter referred
         to as the "Amended Original 1997 Agreement"), under and pursuant to
         which the Company issued, and there are presently outstanding,
         $12,000,000 aggregate principal amount of its 7.17% Series A Senior
         Secured Notes due November 19, 2009 (the "Series A Notes") and
         $20,000,000 aggregate principal amount of its 7.26% Series B Senior
         Secured Notes due November 19, 2012 (the "Series B Notes"), as
         supplemented by the First Supplemental Note Purchase Agreement dated as
         of March 13, 1998 (the "First Supplemental Agreement") among the
         Company and the Purchasers named in the Supplemental Purchaser Schedule
         attached thereto, under and pursuant to which the Company issued, and
         there are presently outstanding, $2,142,857, aggregate principal amount
         of its 6.50% Series C Senior Secured Notes due March 13, 2007 (the
         "Series C Notes") (the Amended Original 1997 Agreement as supplemented
         by the First Supplemental Agreement is hereinafter sometimes referred
         to as the "Outstanding 1997 Agreement"); and

                           (iii)    the Note Purchase Agreement dated as of
         August 10, 2000 (the "Original 2000 Agreement"), among the Company and
         the Purchasers named in the Initial Purchaser Schedule attached
         thereto, as amended by the Fifth Amendment Agreement (the "Fifth
         Amendment Agreement") dated as of December 28, 2000 (said Original 2000
         Agreement, as so amended by the Fifth Amendment Agreement, being
         hereinafter referred to as the "Amended Original 2000 Agreement") under
         and pursuant to which the Company issued, and there are presently
         outstanding, (a) $12,800,000 aggregate principal amount of its 8.47%
         Series A Senior Secured Notes due August 15, 2007 (the "2000 Series A
         Notes"), (b) $32,000,000 aggregate principal amount of its 8.55% Series
         B Senior Secured Notes due August 15, 2010 (the "2000 Series B Notes"),
         (c) $27,000,000 aggregate principal amount of its 8.59% Series C Senior
         Secured Notes due August 15, 2010 (the "2000 Series C Notes"), (d)
         $58,000,000 aggregate principal amount of its 8.67% Series D Senior
         Secured Notes due August 15, 2012 (the "2000 Series D Notes"), (e)
         $7,000,000 aggregate principal amount of its 8.75% Series E Senior
         Secured Notes due August 15, 2015 (the "2000 Series E Notes"), (f)
         $40,000,000 aggregate principal amount of its 8.87% Series F Senior
         Secured Notes due August 15, 2020 (the "2000 Series F Notes")"), as
         supplemented by the First Supplemental Note Purchase Agreement dated as
         of May 24, 2001 (the "First Supplemental Agreement") among the Company
         and the Purchasers named in the Supplemental Purchaser Schedule
         attached thereto, under and pursuant to which the Company issued, and
         there are presently outstanding, (i) $19,000,000 aggregate principal
         amount of its 7.21% Series G Senior Secured Notes due May 15, 2008 (the
         "2001 Series G Notes"), (ii) $8,000,000 aggregate principal amount of
         its 7.89% Series H Senior Secured Notes due May 15, 2016 (the "2001
         Series H Notes") and (iii) $16,000,000 aggregate principal amount to
         its 7.99% Series I Senior Secured Notes due May 15, 2013 (the "2001
         Series I Notes") (the

                                      -2-

<PAGE>

         Amended Original 2000 Agreement as supplemented by the First
         Supplemental Agreement is hereinafter sometimes referred to as the
         "Outstanding 2000 Agreement").

         The Outstanding 1996 Agreement, the Outstanding 1997 Agreement and the
Outstanding 2000 Agreement are hereinafter sometimes collectively referred to as
the "Outstanding Agreements". The 1996 Notes, Series A Notes, Series B Notes,
Series C Notes, Series D Notes, Series E Notes, 2000 Series A Notes, 2000 Series
B Notes, 2000 Series C Notes, 2000 Series D Notes, 2000 Series E Notes, 2000
Series F Notes, 2001 Series G Notes, 2001 Series H Notes and 2001 Series I Notes
are hereinafter sometimes collectively referred to as the "Outstanding Notes."
Capitalized terms used herein without definition shall have the respective
meanings assigned to such terms in the Outstanding Agreements.

         The Company now desires to amend, waive and modify certain provisions
of the Outstanding Agreements. You are the owner and holder of the Outstanding
Notes set forth opposite your name on Schedule 1 hereto. The Company hereby
requests that, from and after the satisfaction of each of the conditions to
effectiveness set forth in Article III below, said amendments, waivers and
modifications shall be deemed to have been given and said Outstanding Agreements
shall be amended in the respects, but only in the respects, hereinafter set
forth.

                                    ARTICLE I
                      AMENDMENTS TO OUTSTANDING AGREEMENTS

         I-A. Section 4 of each of the Outstanding Agreements is hereby amended
by (i) inserting into the introduction paragraph thereof the phrase "and Section
4J (with respect to all Notes without regard to Series)" immediately following
the phrase "and Section 4C (with respect to all Notes without regard to Series)"
and (ii) inserting the following new Section 4J immediately following Section 4I
thereof as follows (provided that with respect to the Outstanding 1996
Agreement, in addition to the foregoing, Section 4H shall be inserted as
"[RESERVED]."):

                  "Section 4J. Contingent Payments on Cap Ex Difference. (i) By
         no later than the 30th day following the delivery of financial
         information pursuant to clause (ii) of Section 5A, if the Company has
         determined that Cap Ex Difference exists as of the last day of the then
         ended Fiscal Year of the Company, the Company will offer to prepay (at
         the price specified below and upon notice as provided in clause (ii) of
         this Section 4J) a principal amount of the outstanding Notes and other
         Parity Debt (other than Indebtedness permitted by Section 6B(ii)), if
         any, on a pro rata basis, in an amount equal to the Cap Ex Difference.
         Each offer to prepay the Notes pursuant to Section 4J(i) shall be made
         at a price equal to 100% of the principal amount of the Notes to be
         prepaid, plus interest thereon to the prepayment date plus the
         Yield-Maintenance Amount, if any, thereon.

                  (ii)     If at any time there is Cap Ex Difference, the
         Company will give written notice as provided in Section 11I (which
         shall be in the form of an

                                      -3-

<PAGE>

         Officer's Certificate) to the holders of the Notes not later than 30th
         day following the delivery of financial information pursuant to clause
         (ii) of Section 5A, stating that any holder failing to elect not to
         accept the offer shall be deemed to have accepted such offer and (a)
         setting forth in reasonable detail all calculations required to
         determine the amount of Cap Ex Difference and the amount of the Cap Ex
         Difference which is allocable to each Note (the "Cap Ex Allocable
         Proceeds"), determined by applying the Cap Ex Difference allocable to
         the Notes, pro rata among all Notes outstanding on the date such
         prepayment is to be made according to the aggregate then unpaid amounts
         of the Notes, and the Yield-Maintenance Amount, if any, and (b) stating
         that the Company irrevocably offers to prepay on the date specified in
         such notice, which shall not be less than 25 nor more than 45 days
         after the date of such notice, a principal amount of each outstanding
         Note equal to the amount of Cap Ex Difference allocated to such Note as
         described above, plus such Note's share of the Cap Ex Difference
         allocable to any other Note the holder of which elects on a timely
         basis not to accept the Company's offer (collectively, the "Cap Ex
         Non-Accepting Holders"). Such notice shall also indicate that any Cap
         Ex Accepting Holder that fails to elect not to accept the Cap Ex Pro
         Rata Option shall be deemed to have accepted such option as set forth
         below.

                  (iii)    Each holder of a Note electing not to accept an offer
         to prepay given pursuant to this Section 4J shall make such election by
         notice delivered to the Company at least 10 days prior to the date of
         prepayment specified in the notice given by the Company pursuant to
         clause (ii) of this Section 4J. Each other holder of a Note
         (collectively, the "Cap Ex Accepting Holders") shall be deemed to
         accept the Company's offer to the extent of its Cap Ex Allocable
         Proceeds and shall be deemed to have accepted an agreement (the "Cap Ex
         Pro Rata Option") to have prepaid, in addition to the Cap Ex Allocable
         Proceeds allocable to such Note (up to the total Cap Ex Allocable
         Proceeds), all or any part of the balance of the principal amount of
         such Note using the Cap Ex Allocable Proceeds that would have been paid
         to the Cap Ex Non-Accepting Holders; provided that any Cap Ex Accepting
         Holder may elect not to agree to the Cap Ex Pro Rata Option by notice
         delivered to the Company at least 5 days prior to the date of
         prepayment specified in the notice given by the Company pursuant to
         clause (ii) of this Section 4J.

                  (iv)     Upon receipt of all timely notices from Cap Ex
         Non-Accepting Holders and Cap Ex Accepting Holders pursuant to this
         Section 4J, the Company shall allocate the Cap Ex Allocable Proceeds
         and that portion of the Cap Ex Allocable Proceeds that had been
         allocated to the Notes of such Cap Ex Non-Accepting Holders among the
         Notes of Cap Ex Accepting Holders in proportion to the respective Cap
         Ex Allocable Proceeds allocable to the Notes of Cap Ex Accepting
         Holders (after giving effect to any Cap Ex Pro Rata Option). Where the
         portion of the Cap Ex Allocable Proceeds thus allocated to the Note of
         a Cap Ex Accepting Holder would exceed the maximum principal amount of
         such Note which such Cap Ex Accepting Holder has agreed to have prepaid
         (including,

                                      -4-

<PAGE>

         without limitation, pursuant to a Cap Ex Pro Rata Option), such excess
         shall be allocated among the Notes of Cap Ex Accepting Holders who have
         agreed to accept prepayments (including, without limitation, pursuant
         to a Cap Ex Pro Rata Option) in amounts which still exceed the amount
         of prepayments previously allocated to them; and such allocation shall
         be repeated as many times as shall be necessary until (a) the Cap Ex
         Allocable Proceeds have been fully allocated or (b) it is no longer
         possible to allocate the Cap Ex Allocable Proceeds without exceeding
         the maximum principal amounts of Notes which all Cap Ex Accepting
         Holders respectively have agreed to have prepaid (including, without
         limitation, pursuant to all the Cap Ex Pro Rata Options).

                  (v)      The principal amount of any Notes with respect to
         which an offer to prepay pursuant to this Section 4J has been made and
         not rejected shall become due and payable on the date specified in the
         notice of such offer given by the Company pursuant to clause (ii) of
         this Section 4J. It is understood that all Cap Ex Allocable Proceeds
         not applied to the prepayment of the Notes or to the payment of Parity
         Debt pursuant to this Section 4J shall be moneys of the Company and may
         be used by the Company in such ever manner determined by the Company
         and in accordance with this Agreement."

         1-B. Section 5A(i) is hereby deleted in its entirety and the following
shall be inserted in lieu thereof:

                  "(i)     as soon as practicable and in any event within 50
         days after the end of each quarterly period in each fiscal year, (a)
         consolidated statements of income, partners' capital and cash flows of
         the Company and its Subsidiaries for such quarterly period and (in the
         case of the second and third quarterly periods) for the period from the
         beginning of the current fiscal year to the end of such quarterly
         period, and consolidated balance sheets of the Company and its
         Subsidiaries as at the end of such quarterly period, setting forth in
         each case, in comparative form figures for the corresponding period in
         the preceding fiscal year, all in reasonable detail and satisfactory in
         form to the Required Holder(s) and certified by an authorized financial
         officer of the Company as presenting fairly, in all material respects,
         the information contained therein (except for the absence of footnotes
         and subject to changes resulting from normal year-end adjustments), in
         accordance with GAAP, and (b) a copy of the Quarterly Report on Form
         10-Q of the Master Partnership for such quarterly period filed with the
         Commission;

         1-C. Section 5A(ii) is hereby deleted in its entirety and the following
shall be inserted in lieu thereof:

                  "(ii)    as soon as practical and in any event within 95 days
         after the end of each fiscal year, (a) consolidated statements of
         income and cash flows and a consolidated statement of partners' capital
         (or stockholders' equity, as applicable) of the Company and its
         Subsidiaries for such year, and consolidated balance sheets of the
         Company and its Subsidiaries, as at the end of such year, setting

                                      -5-

<PAGE>

         forth in each case, in comparative form corresponding consolidated
         figures from the preceding annual audit, all in reasonable detail and
         reported on by Grant Thornton LLP, or other independent public
         accountants of recognized national standing selected by the Company
         whose report shall be without limitation as to the scope of the audit,
         (b) consolidated statements of income and cash flows and a consolidated
         statement of partners' capital (or stockholders' equity, as applicable)
         of the Master Partnership and its Subsidiaries for such year, and
         consolidated balance sheets of the Master Partnership and its
         Subsidiaries, as at the end of such year, setting forth in each case,
         in comparative form corresponding consolidated figures from the
         preceding annual audit, all in reasonable detail and reported on by
         Grant Thornton LLP, or other independent public accountants of
         recognized national standing selected by the Master Partnership whose
         report shall be without limitation as to the scope of the audit
         (provided that such report shall not include within the scope of the
         audit the consolidating statements required by clause (c)); provided,
         however, that at any time when the Master Partnership shall be subject
         to the reporting requirements of Section 13 or 15(d) of the Exchange
         Act, delivery within the time period specified above of copies of the
         Annual Report on Form 10-K of the Master Partnership for such fiscal
         year prepared in compliance with the requirements therefor and filed
         with the Commission shall be deemed to satisfy the requirements of this
         clause (b) if all such statements required to be delivered pursuant to
         this clause (b) with respect to the Master Partnership and its
         Subsidiaries are included in such Form 10-K, or (c) consolidating
         statements of income and cash flows and a consolidating statement of
         partners' capital (or stockholders' equity, as applicable) of the
         Master Partnership and its Subsidiaries for such year, certified by an
         authorized financial officer of the Master Partnership as presenting
         fairly, in all material respects, the information contained therein, in
         accordance with GAAP (except for the absence of footnotes); provided,
         however, that at any time when the Master Partnership shall be subject
         to the reporting requirements of Section 13 or 15(d) of the Exchange
         Act, delivery within the time period specified above of copies of the
         Annual Report on Form 10-K of the Master Partnership for such fiscal
         year prepared in compliance with the requirements therefor and filed
         with the Commission shall be deemed to satisfy the requirements of this
         clause (c) if all such statements required to be delivered pursuant to
         this clause (c) with respect to the Master Partnership and its
         Subsidiaries are included in such Form 10-K;"

         1-D. Section 5A(ix) is hereby amended by inserting the phrase ",
Aggregate Available Cash and the Aggregate Partner Obligations, together with a
calculation of the Company's Percentage of Aggregate Available Cash" immediately
following the phrase "the amount of Available Cash".

         1-E. Section 5A is hereby amended by (i) deleting the word "and" at the
end of subsection (xi) thereof, (ii) deleting the "." at the end of subsection
(xii) thereof and inserting in lieu thereof the phrase "; and" and (iii)
inserting the following new subsection (xiii) immediately following subsection
(xii) thereof as follows:

                                      -6-

<PAGE>

                                    "(xiii)  as soon as reasonably practicable,
         and in any event within 5 Business Days after a Responsible Officer
         obtains knowledge that the holder of any secured indebtedness or other
         indebtedness has given any notice to La Grange or any subsidiary
         thereof or taken any other action with respect to a claimed event of
         default or condition of the type referred to in Section 7A(xviii), a
         written statement of such Responsible Officer describing, to the best
         knowledge of such Responsible Officer, such notice or other action in
         reasonable detail and the action which La Grange has taken, is taking
         and proposes to take with respect thereto."

         1-F. Section 5 of each of the Outstanding Agreements is hereby amended
by inserting the following new Sections 5S, 5T and 5U immediately following
Section 5R thereof as follows:

                  "Section 5S. Capital Expenditures. The Company will make
         Capital Expenditures during each Fiscal Year, beginning with its Fiscal
         Year ending on August 31, 2004, in an aggregate amount of not less than
         $20,000,000 in assets utilized in the Business (the "Minimum Cap Ex
         Funding Amount"); provided, however, that to the extent the Company
         does not make Capital Expenditures in each Fiscal Year in an amount
         equal to at least the Minimum Cap Ex Funding Amount, the Company will
         apply the difference (but only if the difference is positive and equals
         or exceeds $1,000,000) (the "Cap Ex Difference") between (i) the
         Minimum Cap Ex Funding Amount and (ii) the actual Capital Expenditures
         of the Company for that Fiscal Year in assets utilized in the Business,
         to the prepayment of outstanding Notes in accordance with Section 4J.

                  "Section 5T. Maintenance of Separateness. (i) The Company
         will:

                           (a) maintain books and records separate from those of
                  any other Person, including any of its partnership interest
                  holders or any Affiliate or Subsidiary;

                           (b) maintain its assets in such a manner that it is
                  not more costly or difficult to segregate, identify or
                  ascertain such assets;

                           (c) observe all corporate formalities;

                           (d) hold itself out to creditors and the public as a
                  legal entity separate and distinct from any other Person,
                  including any of its partnership interest holders and its
                  Affiliates and Subsidiaries;

                           (e) conduct its business in its name or in business
                  names or trade names of the Company or its Subsidiaries and
                  use separate stationary, invoices and checks; and

                           (f) not assume, guarantee or pay the debts or
                  obligations of or hold itself out as being available to
                  satisfy the obligations of any other Person,

                                      -7-

<PAGE>

                  including any of its partnership interest holders and its
                  Affiliates and Subsidiaries, except as is expressly permitted
                  by the terms of this Agreement.

                  (ii)     To the extent that the Company shares the same
         officers or other employees as any of its Affiliates, the salaries of
         and the expenses relating to providing benefits to such officers and
         employees shall be fairly allocated among such entities, and each such
         entity shall bear its fair share of the salary and benefit costs
         associated with all such common officers and employees.

                  (iii)    To the extent that the Company jointly contracts with
         any of its Affiliates to do business with vendors or service providers
         or to share overhead expenses, the costs incurred in doing so shall be
         allocated fairly among such entities, and each such entity shall bear
         its fair share of such costs. To the extent that the Company contracts
         or does business with vendors or service providers where the goods and
         services are partially for the benefit of an Affiliate, the costs
         incurred in doing so shall be fairly allocated to or among such
         entities for whose benefit the goods and services are provided, and
         each such entity shall bear its fair share of such costs.

                  (iv)     To the extent that the Company or its Affiliates have
         offices in the same location, there shall be a fair and appropriate
         allocation of overhead costs among them, and each such entity shall
         bear its fair share of such expenses.

                  "Section 5U. Debt Rating. The Company will use its best
         efforts to obtain on commercially reasonable terms a long-term debt
         rating of the Notes from a Rating Agency by no later than June 30,
         2004. However, if the Company, in the reasonable judgment of its
         management, believes it would not receive an investment grade long-term
         debt rating prior to June 30, 2004, then the Company shall have the
         right to postpone the receipt of a long-term debt rating of the Notes
         until December 31, 2004. Notwithstanding the foregoing, the Company
         shall obtain a long-term debt rating of the Notes from a Rating Agency
         by not later than December 31, 2004 and shall maintain a long-term debt
         rating thereafter."

         I-G. Section 6(A)(i) of each of the Outstanding Agreements is hereby
deleted in its entirety and the following shall be inserted in lieu thereof:

                  "(i)     Ratio of Consolidated Funded Indebtedness to
         Consolidated EBITDA. The ratio as of the end of any fiscal quarter of
         Consolidated Funded Indebtedness to Consolidated EBITDA to exceed the
         ratio set forth below with respect to such fiscal quarter:

<TABLE>
<CAPTION>
       Fiscal Quarters Ending                                      Ratio
-------------------------------------------                    ------------
<S>                                                            <C>
November 30, 2003 through November 30, 2004                    4.75 to 1.00
February 28, 2005 and thereafter                               4.50 to 1.00"
</TABLE>

                                      -8-

<PAGE>

         I-H. Section 6(A)(iii) of each of the Outstanding Agreements is hereby
deleted in its entirety and the following shall be inserted in lieu thereof:

                  "(iii)   Ratio of Adjusted Consolidated Funded Indebtedness to
         Adjusted Consolidated EBITDA. The ratio as at the end of any fiscal
         quarter of Adjusted Consolidated Funded Indebtedness to Adjusted
         Consolidated EBITDA to exceed to exceed the ratio set forth below with
         respect to such fiscal quarter:

<TABLE>
<CAPTION>
        Fiscal Quarters Ending                                                  Ratio
-----------------------------------------                                   ------------
<S>                                                                         <C>
November 30, 2003 through August 31, 2005                                   5.25 to 1.00
November 30, 2005 and thereafter                                            5.00 to 1.00"
</TABLE>

         I-I. Section 6(B)(ii) of each of the Outstanding Agreements is hereby
amended by deleting the dollar amount of "$65,000,000" and inserting in lieu
thereof the dollar amount of "$75,000,000".

         I-J. Section 6E(v)(iii) of each of the Outstanding Agreements is hereby
amended by inserting the phrase ", including Investments in La Grange and its
Subsidiaries which shall not at any time exceed $1,000,000" immediately
following the phrase "Investments permitted under this subclause (iii) shall not
at any time exceed $12,500,000".

         I-K. Section 6(F) of each of the Outstanding Agreements is hereby
amended by inserting the following sentences immediately following subclause
(ii) as follows:

         "Notwithstanding the foregoing, the Company will not directly or
         indirectly declare, order or pay Restricted Payments, individually or
         in the aggregate, for any fiscal quarter in an amount greater than the
         product of (i) the Company's Percentage of Aggregate Available Cash
         times (ii) the Aggregate Partner Obligations; provided, however, if at
         any time the Notes are rated "BBB" (or its equivalent) or better by a
         Rating Agency, the foregoing limitation set forth in this sentence
         shall not apply to the Company so long as such rating remains in
         effect.

         I-L. Section 6(H) of each of the Outstanding Agreements is hereby
amended by deleting the phrase "as more fully described in the Memorandum".

         I-M. Section 6(I)(iii) of each of the Outstanding Agreements is hereby
amended by inserting the phrase "and Section 6E(v)(iii) with respect to
Investments in La Grange or its Subsidiaries" immediately following the phrase
"making of an Investment pursuant to Section 6E(i)".

         1-N. Section 6 of each of the Outstanding Agreements is hereby amended
by inserting the following new Section 6N immediately following Section 6M
thereof as follows:

                                      -9-

<PAGE>

                  "Section 6N. Commingling of Deposit Accounts and Accounts. The
         Company will not, nor will it permit any of its Subsidiaries to,
         commingle their respective deposit accounts or accounts with the
         deposit accounts or accounts of La Grange or any of its Subsidiaries."

         1-O. Section 7A of each of the Outstanding Agreements is hereby amended
by (i) deleting the "." at the end of subsection (xvii) thereof and inserting in
lieu thereof the phrase "; or" and (ii) inserting the following new subsection
(xviii) immediately following subsection (xvii) thereof as follows:

                           "(xviii) an event of default under any agreement
                  governing secured indebtedness of La Grange relating to (a)
                  bankruptcy, reorganization, compromise, arrangement,
                  insolvency, readjustment of debt, dissolution or liquidation
                  or similar law with respect to La Grange or any of its
                  subsidiaries, beyond any period of grace provided with respect
                  thereto in such agreement, (b) non-payment of such secured
                  indebtedness or any other indebtedness of LaGrange or any of
                  its subsidiaries, subject to the minimum dollar amount
                  threshold of such indebtedness set forth in such agreement,
                  provided that such non-payment continues for a period of 3
                  business days beyond any period of grace provided with respect
                  thereto in such agreement, unless, prior to the end of the 3
                  business day period, the lenders party to such agreement have
                  accelerated the maturity of such indebtedness thereunder or
                  blocked the payment or otherwise limited the payment by La
                  Grange of any scheduled "restricted payment" distribution in
                  respect of any partnership or other equity interest in La
                  Grange, in which case such 3 business-day period shall no
                  longer apply, or (c) any financial covenant default with
                  respect to La Grange which has not been cured, waived or
                  amended within 45 days of the date on notice of such default
                  was given to the lenders party to such agreement, unless,
                  prior to the end of the 45-day period, the lenders party to
                  such agreement shall have blocked the payment or otherwise
                  limited the payment by La Grange of any scheduled "restricted
                  payment" distribution in respect of any partnership or other
                  equity interest in La Grange or shall have accelerated the
                  maturity of such indebtedness, in which case such 45-day
                  period shall no longer apply.

         I-P. Section 10B of each of the Outstanding Agreements is hereby
amended by deleting the definitions of "Acquisition Facility," "Current
Management," "Revolving Working Capital Facility" and "Specified Entities"
contained therein and inserting in lieu thereof the following definitions in the
appropriate alphabetical positions:

                   "Acquisition Facility" shall mean the acquisition revolving
         credit facility of the Company provided for in the Credit Agreement for
         the purpose of financing acquisitions and improvements and repairs in
         the aggregate principal amount not to exceed $75,000,000.

                                      -10-

<PAGE>

                  "Current Management" shall mean not less than two of the
         following: James E. Bertelsmeyer, R.C. Mills, H. Michael Krimbill,
         Bradley K. Atkinson, Michael L. Greenwood, Ray C. Davis, Kelcy L.
         Warren, together with the heirs of, and trusts for the benefit of
         family members controlled by, any such executive manager."

                  "Revolving Working Capital Facility" shall mean the revolving
         credit facility of the Company provided for in the Credit Agreement for
         working capital and other general partnership purposes in an aggregate
         principal amount not to exceed $75,000,000 at any time outstanding.

                  "Specified Entities" shall mean any one or combination of the
         following: (i) La Grange Energy, L.P., a Texas limited partnership, any
         Wholly-Owned Subsidiary thereof, or a Successor thereto, and (ii) any
         Permitted GP Entity."

         I-Q. Subsection (a) of the definition of "Contracted Dollar" contained
in Section 10B of each of the Outstanding Agreements is hereby amended by
deleting the dollar amount of "$50,000,000" and substituting therefor the dollar
amount of "$75,000,000".

         I-R. Section 10B of each of the Outstanding Agreements is hereby
amended by inserting the definitions of "Aggregate Available Cash," "Aggregate
Partner Obligations," "Cap Ex Accepting Holders," "Cap Ex Allocable Proceeds,"
"Cap Ex Difference," "Cap Ex Non-Accepting Holders," "Cap Ex Pro Rata Option,"
"Capital Expenditures," "La Grange," "La Grange Acquisition," "Minimum Cap Ex
Funding Amount," "Percentage of Aggregate Available Cash," "Permitted GP Entity"
and "Rating Agency" in the appropriate alphabetical positions:

                  "Aggregate Available Cash" shall mean, with respect to any
         fiscal quarter of the Company and of La Grange, the aggregate amount of
         Available Cash of both the Company and its Subsidiaries and of La
         Grange and its Subsidiaries (which for purposes of this Agreement,
         shall be calculated using the definition of "Available Cash" set forth
         in this Agreement, except that (i) all references therein to the
         "Company" shall be deemed for purposes of this calculation only
         references to La Grange and (ii) the last sentence of that definition
         for purposes of this calculation only shall be modified to refer to
         reserves established by La Grange with respect to indebtedness on the
         same bases as set forth in that definition).

                  "Aggregate Partner Obligations" shall mean, with respect to
         any fiscal quarter of the General Partner and the Master Partnership,
         the aggregate amount of payment obligations of each of the General
         Partner and the Master Partnership, including, without limitation, the
         Minimum Quarterly Distribution (as defined in the Agreement of Limited
         Partnership of the Master Partnership) on all Units with respect to
         such fiscal quarter.

                  "Cap Ex Accepting Holders" shall have the meaning specified in
         Section 4J(iii).

                                      -11-

<PAGE>

                  "Cap Ex Allocable Proceeds" shall have the meaning specified
         in Section 4J(ii).

                  "Cap Ex Difference" shall have the meaning specified in
         Section 5S.

                  "Cap Ex Non-Accepting Holders" shall have the meaning
         specified in Section 4J(ii).

                  "Cap Ex Pro Rata Option" shall have the meaning specified in
         Section 4J(iii).

                  "Capital Expenditures" shall mean, without duplication, with
         respect to the Company and its Subsidiaries, any amounts expended,
         incurred or obligated to be expended during or in respect of a period
         for any improvement, maintenance or purchase for value of any asset
         that should be classified on a consolidated balance sheet of such
         Person prepared in accordance with GAAP as a fixed or capital asset
         (including capitalized costs in respect of intellectual property)."

                  "La Grange" means La Grange Acquisition, L.P., a Texas limited
         partnership.

                  "La Grange Acquisition" means, collectively, (i) the
         acquisition by La Grange Energy, L.P. of the equity interests of U.S.
         Propane, all in accordance with the Acquisition Agreement dated as of
         November 6, 2003, as amended or modified, and (ii) the acquisition by
         the Master Partnership of substantially all of the assets of La Grange
         and its Subsidiaries and the other transactions contemplated in
         connection therewith, all in accordance with the Contribution Agreement
         dated as of November 6, 2003, as amended or modified.

                  "Minimum Cap Ex Funding Amount" shall have the meaning
         specified in Section 5S.

                  "Percentage of Aggregate Available Cash" shall mean, with
         respect to any fiscal quarter of the Company, the percentage determined
         by multiplying (i) a fraction consisting of a numerator equal to the
         Company's Available Cash for that period and a denominator equal to the
         Aggregate Available Cash by (ii) 100.

                  "Permitted GP Entity" shall mean any one or combination of (i)
         Persons or a group of related persons (as such terms are defined in the
         Exchange Act) who directly or indirectly beneficially own (as such term
         is defined in Rule 13d-3 promulgated under the Exchange Act) the
         Capital Stock of the General Partner immediately following the
         consummation of the La Grange Acquisition, and (ii) Current Management
         or group of related persons (as so defined) including Current
         Management."

                  "Rating Agency" shall mean at least one of Standard & Poor's
         Ratings Services, a division of the McGraw-Hill Companies, Moody's
         Investors Service, Inc. or Fitch Ratings and any of their respective
         successors and assigns.

                                      -12-

<PAGE>

                                   ARTICLE II
                      WAIVER, MODIFICATIONS AND AMENDMENTS

         II-A. The Required Holders of Notes outstanding under each of the
Outstanding Agreements hereby (i) waive compliance by the Company with respect
to Section 6M(ii) of each of the Outstanding Agreements in connection with
amendments to each of the Partnership Documents necessary to permit La Grange
Energy, L.P. to be substituted, directly or indirectly, as the sole equity
holder(s) of U.S. Propane and (ii) agree and acknowledge that each of the
Partnership Documents, as modified and amended, shall constitute the
"Partnership Agreement" and the "Partnership Documents" for purposes of each of
the Outstanding Agreements.

         II-B. The Required Holders of Notes outstanding under each of the
Outstanding Agreements hereby agree and acknowledge that Section 8B of each of
the Outstanding Agreements shall be deemed modified to reflect the transactions
contemplated by this Sixth Amendment Agreement upon the occurrence of such
actions.

         II-C. From the effective date of this Sixth Amendment Agreement in
accordance with the terms and conditions of Article III hereof (the "Effective
Date") until such date as the Notes are rated not less than "BBB-" (or a
comparable rating) by a Rating Agency (an "Investment Grade Rating"), the
interest rate per annum specified in each Note issued heretofore and outstanding
as of the Effective Date shall increase by 100 basis points (1.00%) (which 100
basis points (1.00%) shall be referred to herein as the "Non-Investment Grade
Interest Increase"); provided, however, that if, at any time, two or more Rating
Agencies shall have given long-term debt ratings to the Notes and such ratings
fall within different rating categories (after giving effect to numerical or
other qualifiers), the lower rating (i.e. worse) of a Rating Agency will control
for purposes of the foregoing. After the Non-Investment Grade Interest Increase
becomes applicable, (a) if at any time the Notes are rated an Investment Grade
Rating by each Rating Agency, the interest rate on the unpaid balance thereof,
commencing on the date of such rating change, shall revert to the interest rate
per annum specified in such Note and interest on such Note shall not include the
Non-Investment Grade Interest Increase and (b) if at any time the Notes are not
rated an Investment Grade Rating by any Rating Agency, the interest rate on the
unpaid balance thereof, commencing on the date of such rating change, shall be
the interest rate per annum specified in such Note and increased by the
Non-Investment Grade Interest Increase. In addition to (and not in limitation
of) the Non-Investment Grade Interest Increase described in the foregoing
sentences, if at any time that the highest debt rating of the Notes shall be
rated "B+" or lower (i.e. worse) by any Rating Agency, the interest rate of each
Note issued heretofore and outstanding as of the date of such rating change
shall increase by 100 basis points (1.00%), but only for so long as such rating
of "B+" or lower shall remain in effect. In furtherance of the foregoing, the
parties to this Sixth Amendment Agreement hereby agree and acknowledge that the
forms of Notes attached to each of the Outstanding Agreements are hereby amended
and modified with respect to all Notes issued after the date of the
effectiveness of this Sixth Amendment Agreement to include the above paragraph
and interest shall continue to be calculated as provided in each of the
Outstanding Agreements. All Outstanding Notes issued prior to the date of the
effectiveness of this Sixth Amendment Agreement will remain in their current
form; provided that, at the request of any holder of the Outstanding Notes, the
Company will execute and deliver to each such holder an attachment (the
"Sticker") setting forth the

                                      -13-

<PAGE>

provisions of this Section II-C, which Sticker shall be attached to each
Outstanding Note held by such holder; and, provided, further, that the failure
to attach such Sticker to any Outstanding Note shall not affect the validity or
binding effect of this Section II-C.

                                   ARTICLE III
                           CONDITIONS OF EFFECTIVENESS

         The effectiveness of this Sixth Amendment Agreement (and each of the
amendments contained herein) is subject to the satisfaction of the following
conditions:

                  (a)      the Required Holders under each of the Outstanding
         Agreements shall have consented to this Sixth Amendment Agreement as
         evidenced by their execution thereof;

                  (b)      the requisite percentage of lenders under the Credit
         Agreement (the "Lenders") shall have agreed to all amendments to the
         Credit Agreement necessary to effect this Sixth Amendment Agreement and
         a copy thereof shall have been provided to the holders of the
         Outstanding Notes. In the event the Company agrees that the Lenders or
         holders of any of the Outstanding Notes shall be granted any additional
         or more restrictive financial or negative covenants or events of
         default than the financial or negative covenants or events of default
         that are imposed on the Company under the Outstanding Agreements, as
         amended hereby, the Company agrees that the holders of all other
         Outstanding Notes shall also be granted such more restrictive covenants
         or events of defaults;

                  (c)      upon the satisfaction of subclause (a), each of the
         holders of the Outstanding Notes shall have received an amendment fee
         from the Company in an amount equal to 0.25% of the aggregate principal
         amount of the Outstanding Notes held by such holder (the "Amendment
         Fee") and a Responsible Officer of the Company shall have certified to
         each such holder (the truth and the accuracy of which certification
         shall constitute a condition of effectiveness of this Sixth Amendment
         Agreement) that the Lenders have received no amendment fees or other
         consideration (including increase in coupon) greater than the Amendment
         Fee; and

                  (d)      Winston & Strawn LLP shall have delivered a
         non-consolidation opinion as to the Company and La Grange, which
         opinion shall be in a form and substance satisfactory to the holders of
         the Outstanding Notes and their counsel.

         Notwithstanding the foregoing, no amendment, waiver or modification set
forth in this Sixth Amendment Agreement (other than (i) the amendments set forth
in Sections I-I and I-Q above, (ii) the new Section 5-U set forth in Section I-F
above, (iii) the amendment set forth in Section I-G above, (iv) the amendment of
the definitions of "Acquisition Facility" and "Revolving Working Capital
Facility" set forth in Section I-P above and (v) the payment of the Amendment
Fee described in (c) above, which shall become effective on the date on which
the conditions described in (a), (b) and (without duplication) (c) are
satisfied) shall become effective

                                      -14-

<PAGE>

or be given full force and effect until the consummation of the acquisition by
the Master Partnership of substantially all of the assets of La Grange and its
subsidiaries and the other transactions contemplated in connection therewith,
all in accordance with the terms and conditions of the Contribution Agreement
dated as of November 6, 2003 (as amended or modified, the "La Grange Closing").

                                   ARTICLE IV
                    REPRESENTATIONS, WARRANTIES AND COVENANTS

         In order to induce the holders of the Notes to enter into this Sixth
Amendment Agreement, the Company represents and warrants that (a) no Default or
Event of Default has occurred and is continuing; and (b) after giving effect to
this Sixth Amendment Agreement, no Event of Default shall have occurred.

         The Company hereby agrees and covenants that promptly after, and in any
event no later than the fifth (5th) Business Day following the La Grange
Closing, each of the holders of the Outstanding Notes shall have received a
closing fee from the Company in an amount equal to 0.125% of the aggregate
principal amount of the Outstanding Notes held by such holder (the "Closing
Fee") and a Responsible Officer of the Company shall have certified to each such
holder that the Lenders have received no closing fees or other consideration
(including increase in coupon) greater than the Closing Fee.

                                    ARTICLE V
                                  MISCELLANEOUS

         V-A. If the foregoing is acceptable to you, kindly note your acceptance
in the space provided below and upon satisfaction of the conditions to
effectiveness set forth in Article III above, your consent to this Sixth
Amendment Agreement shall be deemed to have been given and the Outstanding
Agreements shall be amended as set forth above.

         V-B. This Sixth Amendment Agreement may be executed by the parties
hereto individually, or in any combination of the parties hereto in several
counterparts, all of which taken together shall constitute one and the same
Sixth Amendment Agreement.

         V-C. Except as amended hereby, all of the representations, warranties,
provisions, covenants, terms and conditions of the Outstanding Agreements shall
remain unaltered and in full force and effect and the Outstanding Agreements, as
amended hereby, are in all respects agreed to, ratified and confirmed by the
Company. The Company acknowledges and agrees that the granting of amendments
herein shall not be construed as establishing a course of conduct on the part of
the holders of the Outstanding Notes upon which the Company may rely at any time
in the future.

         V-D. Upon the effectiveness of this Sixth Amendment Agreement, each
reference in each Outstanding Agreement and in other documents describing or
referencing such Outstanding Agreement to "this Agreement," "hereunder,"
"hereof," "herein," or words of like import referring to such Outstanding
Agreement, shall mean and be a referenced to such Outstanding Agreement as
amended hereby.

                                      -15-

<PAGE>

                      [signature pages immediately follow]

                                      -16-

<PAGE>

                                     Very truly yours,

                                     HERITAGE OPERATING, L.P.

                                     By: U.S. Propane L.P., General Partner
                                           By: U.S. Propane, L.L.C., General
                                           Partner

                                     By:  _____________________________________
                                     Its: _____________________________________

<PAGE>

         The foregoing Sixth Amendment Agreement and the amendments referred to
therein are hereby accepted and agreed to as of November 18, 2003, and the
undersigned hereby confirms that on November 18, 2003 it held the aggregate
principal amount of Outstanding Notes of the Company set forth on Schedule 1
hereto and that on the date of execution hereof it continues to hold such
Outstanding Notes.

JOHN HANCOCK LIFE INSURANCE COMPANY
(FORMERLY KNOWN AS JOHN HANCOCK MUTUAL
LIFE INSURANCE COMPANY)

By: _____________________________________
Its: ____________________________________

JOHN HANCOCK VARIABLE LIFE INSURANCE
COMPANY

By: _____________________________________
Its: ____________________________________

MELLON BANK, N.A., solely in its capacity as
Trustee for the Long-Term Investment Trust
(as directed by John Hancock Life Insurance
Company), and not in its individual capacity

By: _____________________________________
Its: ____________________________________

SIGNATURE 6 LIMITED

By: John Hancock Life Insurance Company, as
Portfolio Advisor

By: _____________________________________
Its: ____________________________________

<PAGE>

         The foregoing Sixth Amendment Agreement and the amendments referred to
therein are hereby accepted and agreed to as of November 18, 2003, and the
undersigned hereby confirms that on November 18, 2003 it held the aggregate
principal amount of Outstanding Notes of the Company set forth on Schedule 1
hereto and that on the date of execution hereof it continues to hold such
Outstanding Notes.

JOHN HANCOCK LIFE INSURANCE COMPANY

By: _____________________________________
Its: ____________________________________

JOHN HANCOCK VARIABLE LIFE INSURANCE
COMPANY

By: _____________________________________
Its: ____________________________________

MELLON BANK, N.A., solely in its capacity as
Trustee for the Bell Atlantic Master Trust
(as directed by John Hancock Life Insurance
Company), and not in its individual capacity

By: _____________________________________
Its: ____________________________________

MELLON BANK, N.A., solely in its capacity as
Trustee for the Long-Term Investment Trust
(as directed by John Hancock Life Insurance
Company), and not in its individual capacity

By: _____________________________________
Its: ____________________________________

<PAGE>

         The foregoing Sixth Amendment Agreement and the amendments referred to
therein are hereby accepted and agreed to as of November 18, 2003, and the
undersigned hereby confirms that on November 18, 2003 it held the aggregate
principal amount of Outstanding Notes of the Company set forth on Schedule 1
hereto and that on the date of execution hereof it continues to hold such
Outstanding Notes.

MASSACHUSETTS MUTUAL LIFE
INSURANCE COMPANY

By:  David L. Babson & Company, Inc.
      its Investment Advisor

By: _____________________________________
Its: ____________________________________

C.M. LIFE INSURANCE COMPANY
c/o Massachusetts Mutual Life Insurance Company

By:  David L. Babson & Company, Inc.
     its Investment Advisor

By: _____________________________________
Its: ____________________________________

<PAGE>

         The foregoing Sixth Amendment Agreement and the amendments referred to
therein are hereby accepted and agreed to as of November 18, 2003, and the
undersigned hereby confirms that on November 18, 2003 it held the aggregate
principal amount of Outstanding Notes of the Company set forth on Schedule 1
hereto and that on the date of execution hereof it continues to hold such
Outstanding Notes.

PRINCIPAL LIFE INSURANCE COMPANY
(fka Principal Mutual Life Insurance Company)

By:  Principal Capital Management, LLC,
     its authorized signatory

By: _____________________________________
Its: ____________________________________

By: _____________________________________
Its: ____________________________________

<PAGE>

         The foregoing Sixth Amendment Agreement and the amendments referred to
therein are hereby accepted and agreed to as of November 18, 2003, and the
undersigned hereby confirms that on November 18, 2003 it held the aggregate
principal amount of Outstanding Notes of the Company set forth on Schedule 1
hereto and that on the date of execution hereof it continues to hold such
Outstanding Notes.

NEW YORK LIFE INSURANCE COMPANY

By: _____________________________________
Its: ____________________________________

NEW YORK LIFE INSURANCE AND
ANNUITY CORPORATION

By:  New York Life Investment Management,
     its Investment Manager

By: _____________________________________
Its: ____________________________________

<PAGE>

         The foregoing Sixth Amendment Agreement and the amendments referred to
therein are hereby accepted and agreed to as of November 18, 2003, and the
undersigned hereby confirms that on November 18, 2003 it held the aggregate
principal amount of Outstanding Notes of the Company set forth on Schedule 1
hereto and that on the date of execution hereof it continues to hold such
Outstanding Notes.

TEACHERS INSURANCE AND ANNUITY
ASSOCIATION OF AMERICA

By: _____________________________________
Its: ____________________________________

<PAGE>

      The foregoing Sixth Amendment Agreement and the amendments referred to
therein are hereby accepted and agreed to as of November 18, 2003, and the
undersigned hereby confirms that on November 18, 2003 it held the aggregate
principal amount of Outstanding Notes of the Company set forth on Schedule 1
hereto and that on the date of execution hereof it continues to hold such
Outstanding Notes.

J. ROMEO & CO.

By: _____________________________________
Its: ____________________________________

<PAGE>

         The foregoing Sixth Amendment Agreement and the amendments referred to
therein are hereby accepted and agreed to as of November 18, 2003, and the
undersigned hereby confirms that on November 18, 2003 it held the aggregate
principal amount of Outstanding Notes of the Company set forth on Schedule 1
hereto and that on the date of execution hereof it continues to hold such
Outstanding Notes.

PACIFIC LIFE INSURANCE COMPANY
(formerly Pacific Mutual Life Insurance Company)

By: _____________________________________
Its: ____________________________________

By: _____________________________________
Its: ____________________________________

PACIFIC LIFE INSURANCE COMPANY

By: _____________________________________
Its: ____________________________________

By: _____________________________________
Its: ____________________________________

<PAGE>

         The foregoing Sixth Amendment Agreement and the amendments referred to
therein are hereby accepted and agreed to as of November 18, 2003, and the
undersigned hereby confirms that on November 18, 2003 it held the aggregate
principal amount of Outstanding Notes of the Company set forth on Schedule 1
hereto and that on the date of execution hereof it continues to hold such
Outstanding Notes.

PHOENIX HOME LIFE MUTUAL INSURANCE
COMPANY

By: _____________________________________
Its: ____________________________________

PHOENIX HOME LIFE MUTUAL INSURANCE
COMPANY, PHOENIX INVESTMENT PARTNERS, LTD.

By: _____________________________________
Its: ____________________________________

<PAGE>

         The foregoing Sixth Amendment Agreement and the amendments referred to
therein are hereby accepted and agreed to as of November 18, 2003, and the
undersigned hereby confirms that on November 18, 2003 it held the aggregate
principal amount of Outstanding Notes of the Company set forth on Schedule 1
hereto and that on the date of execution hereof it continues to hold such
Outstanding Notes.

RELIASTAR LIFE INSURANCE COMPANY

By: _____________________________________
Its: ____________________________________

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK

By: _____________________________________
Its: ____________________________________

<PAGE>

         The foregoing Sixth Amendment Agreement and the amendments referred to
therein are hereby accepted and agreed to as of November 18, 2003, and the
undersigned hereby confirms that on November 18, 2003 it held the aggregate
principal amount of Outstanding Notes of the Company set forth on Schedule 1
hereto and that on the date of execution hereof it continues to hold such
Outstanding Notes.

HARE & CO.

By: _____________________________________
Its: ____________________________________

<PAGE>

         The foregoing Sixth Amendment Agreement and the amendments referred to
therein are hereby accepted and agreed to as of November 18, 2003, and the
undersigned hereby confirms that on November 18, 2003 it held the aggregate
principal amount of Outstanding Notes of the Company set forth on Schedule 1
hereto and that on the date of execution hereof it continues to hold such
Outstanding Notes.

BOST & CO.

By: _____________________________________
Its: ____________________________________

By: _____________________________________
Its: ____________________________________

<PAGE>

         The foregoing Sixth Amendment Agreement and the amendments referred to
therein are hereby accepted and agreed to as of November 18, 2003, and the
undersigned hereby confirms that on November 18, 2003 it held the aggregate
principal amount of Outstanding Notes of the Company set forth on Schedule 1
hereto and that on the date of execution hereof it continues to hold such
Outstanding Notes.

ALLSTATE LIFE INSURANCE COMPANY

By: _____________________________________
Its: ____________________________________

By: _____________________________________
Its: ____________________________________

ALLSTATE INSURANCE COMPANY

By: _____________________________________
Its: ____________________________________

<PAGE>

         The foregoing Sixth Amendment Agreement and the amendments referred to
therein are hereby accepted and agreed to as of November 18, 2003, and the
undersigned hereby confirms that on November 18, 2003 it held the aggregate
principal amount of Outstanding Notes of the Company set forth on Schedule 1
hereto and that on the date of execution hereof it continues to hold such
Outstanding Notes.

MAC & CO.

By: _____________________________________
Its: ____________________________________

<PAGE>

         The foregoing Sixth Amendment Agreement and the amendments referred to
therein are hereby accepted and agreed to as of November 18, 2003, and the
undersigned hereby confirms that on November 18, 2003 it held the aggregate
principal amount of Outstanding Notes of the Company set forth on Schedule 1
hereto and that on the date of execution hereof it continues to hold such
Outstanding Notes.

CONNECTICUT GENERAL LIFE INSURANCE COMPANY
By: CIGNA Investments, Inc. (authorized agent)

By: _____________________________________
Its: ____________________________________

<PAGE>

         The foregoing Sixth Amendment Agreement and the amendments referred to
therein are hereby accepted and agreed to as of November 18, 2003, and the
undersigned hereby confirms that on November 18, 2003 it held the aggregate
principal amount of Outstanding Notes of the Company set forth on Schedule 1
hereto and that on the date of execution hereof it continues to hold such
Outstanding Notes.

LIFE INSURANCE COMPANY OF NORTH AMERICA
By:  CIGNA Investments, Inc. (authorized agent)

By: _____________________________________
Its: ____________________________________

<PAGE>

         The foregoing Sixth Amendment Agreement and the amendments referred to
therein are hereby accepted and agreed to as of November 18, 2003, and the
undersigned hereby confirms that on November 18, 2003 it held the aggregate
principal amount of Outstanding Notes of the Company set forth on Schedule 1
hereto and that on the date of execution hereof it continues to hold such
Outstanding Notes.

CLARICA LIFE INSURANCE COMPANY-U.S.

By: _____________________________________
Its: ____________________________________

By: _____________________________________
Its: ____________________________________

<PAGE>

         The foregoing Sixth Amendment Agreement and the amendments referred to
therein are hereby accepted and agreed to as of November 18, 2003, and the
undersigned hereby confirms that on November 18, 2003 it held the aggregate
principal amount of Outstanding Notes of the Company set forth on Schedule 1
hereto and that on the date of execution hereof it continues to hold such
Outstanding Notes.

GENERAL ELECTRIC CAPITAL ASSURANCE COMPANY

By:      GE ASSET MANAGEMENT INCORPORATED,
         its investment advisor

By: _____________________________________
Its: Vice President - Private Investments

<PAGE>

         The foregoing Sixth Amendment Agreement and the amendments referred to
therein are hereby accepted and agreed to as of November 18, 2003, and the
undersigned hereby confirms that on November 18, 2003 it held the aggregate
principal amount of Outstanding Notes of the Company set forth on Schedule 1
hereto and that on the date of execution hereof it continues to hold such
Outstanding Notes.

THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA

By: _____________________________________
Its: ____________________________________

<PAGE>

         The foregoing Sixth Amendment Agreement and the amendments referred to
therein are hereby accepted and agreed to as of November 18, 2003, and the
undersigned hereby confirms that on November 18, 2003 it held the aggregate
principal amount of Outstanding Notes of the Company set forth on Schedule 1
hereto and that on the date of execution hereof it continues to hold such
Outstanding Notes.

METROPOLITAN LIFE INSURANCE COMPANY

By: _____________________________________
Its: ____________________________________

<PAGE>

         The foregoing Sixth Amendment Agreement and the amendments referred to
therein are hereby accepted and agreed to as of November 18, 2003, and the
undersigned hereby confirms that on November 18, 2003 it held the aggregate
principal amount of Outstanding Notes of the Company set forth on Schedule 1
hereto and that on the date of execution hereof it continues to hold such
Outstanding Notes.

NATIONWIDE LIFE INSURANCE COMPANY

By: _____________________________________
Its: ____________________________________

NATIONWIDE LIFE AND ANNUITY INSURANCE COMPANY

By: _____________________________________
Its: ____________________________________

NATIONWIDE MUTUAL FIRE INSURANCE COMPANY

By: _____________________________________
Its: ____________________________________

NATIONWIDE MUTUAL INSURANCE COMPANY

By: _____________________________________
Its: ____________________________________

<PAGE>

      The foregoing Sixth Amendment Agreement and the amendments referred to
therein are hereby accepted and agreed to as of November 18, 2003, and the
undersigned hereby confirms that on November 18, 2003 it held the aggregate
principal amount of Outstanding Notes of the Company set forth on Schedule 1
hereto and that on the date of execution hereof it continues to hold such
Outstanding Notes.

PRINCIPAL LIFE INSURANCE COMPANY
By:  Principal Capital Management, LLC,
     a Delaware limited liability company,
     its authorized signatory

By: _____________________________________
Its: ____________________________________

By: _____________________________________
Its: ____________________________________

<PAGE>

         The foregoing Sixth Amendment Agreement and the amendments referred to
therein are hereby accepted and agreed to as of November 18, 2003, and the
undersigned hereby confirms that on November 18, 2003 it held the aggregate
principal amount of Outstanding Notes of the Company set forth on Schedule 1
hereto and that on the date of execution hereof it continues to hold such
Outstanding Notes.

SUN LIFE ASSURANCE COMPANY OF CANADA (U.S.)

By: _____________________________________
Its: ____________________________________

By: _____________________________________
Its: ____________________________________

SUN LIFE INSURANCE AND ANNUITY COMPANY OF NEW YORK

By: _____________________________________
Its: ____________________________________

By: _____________________________________
Its: ____________________________________

SUN LIFE ASSURANCE COMPANY OF CANADA (U.S.)

By: _____________________________________
Its: ____________________________________

By: _____________________________________
Its: ____________________________________

<PAGE>

                                   SCHEDULE 1

<TABLE>
<CAPTION>
                                                                                PRINCIPAL AMOUNT AND
                                                                               SERIES OF OUTSTANDING
                           NAME OF HOLDER                                         NOTES HELD AS OF
                        OF OUTSTANDING NOTES                                      NOVEMBER 18, 2003
-----------------------------------------------------------------------   --------------------------------
<S>                                                                       <C>
John Hancock  Life Insurance Company                                       $ 10,400,000 1996 Notes

John Hancock Life Insurance Company                                        $ 6,400,000 1996 Notes

John Hancock Variable Life Insurance Company                               $ 800,000 1996 Notes

Mellon Bank, N.A., solely in its capacity as                               $ 768,000 1996 Notes
Trustee for the Bell Atlantic Master Trust
(as directed by John Hancock Life Insurance Company)

Mellon Bank, N.A., solely in its capacity as                               $ 1,632,000 1996 Notes
Trustee for the Long-Term Investment Trust
(as directed by John Hancock Life Insurance Company)

Massachusetts Mutual Life Insurance Company                                $ 12,000,000 1996 Notes

Principal Life Insurance Company (f/k/a                                    $ 12,000,000 1996 Notes
Principal Mutual Life Insurance Company)

New York Life Insurance Company                                            $ 10,000,000 1996 Notes

Teachers Insurance and Annuity Association of America                      $ 10,000,000 1996 Notes

Bost & Co. c/o Mellon Bank                                                 $ 8,000,000 1996 Notes

J. Romeo & Co. c/o Chase Manhattan Bank                                    $  2,800,000 1996 Notes

J. Romeo & Co. c/o Chase Manhattan Bank                                    $  3,200,000 1996 Notes

Pacific Mutual Life Insurance Company  (Nominee:  Mac & Co.)               $ 4,400,000 1996 Notes

Phoenix Home Life Mutual Insurance Company                                 $ 4,000,000 1996 Notes

Hare & Co. c/o Bank of New York                                            $ 2,400,000 1996 Notes

Protective Life Insurance Company (c/o Hare & Co. c/o Bank of New York,    $ 4,000,000 1996 Notes
as nominee)
</TABLE>

<PAGE>

<TABLE>
<S>                                                                        <C>
Allstate Insurance Company                                                 $ 1,600,000 1996 Notes

Allstate Life Insurance Company                                            $ 1,600,000 1996 Notes

MAC & Co.                                                                  $ 12,000,000 Series A Notes

New York Life Insurance Company                                            $5,000,000 Series B Notes

New York Life Insurance and                                                $7,000,000 Series B Notes
   Annuity Corporation

MAC & Co.                                                                  $8,000,000 Series B Notes

Allstate Life Insurance Company                                            $2,142,857 Series C Notes

Clarica Life Insurance Company-U.S.                                        $ 2,400,000 Series 2000 A Notes

Nationwide Life Insurance Company                                          $ 4,000,000 Series 2000 A Notes

Nationwide Life and Annuity Insurance Company                              $ 800,000 Series 2000 A Notes

Nationwide Mutual Fire Insurance Company                                   $ 1,600,000 Series 2000 A Notes

Nationwide Mutual Insurance Company                                        $ 1,600,000 Series 2000 A Notes

Sun Life Assurance Company of Canada                                       $ 1,200,000 Series 2000 A Notes

Sun Life Insurance and Annuity Company of New York                         $ 1,200,000 Series 2000 A Notes

CIG & Co. (on behalf of Connecticut General Life                           $1,000,000 Series 2000 B Notes
Insurance Company)

CIG & Co. (on behalf of Connecticut General Life                           $500,000 Series 2000 B Notes
Insurance Company)

CIG & Co. (on behalf of Connecticut General Life                           $3,500,000 Series 2000 B Notes
Insurance Company)

CUDD & Co. (on behalf of The Guardian Life                                 $7,000,000 Series 2000 B Notes
Insurance Company of America)

MAC & Co. (on behalf of Pacific Life Insurance Company)                    $15,000,000 Series 2000 B Notes

ReliaStar Life Insurance Company                                           $2,000,000 Series 2000 B Notes

Northern Life Insurance Company                                            $3,000,000 Series 2000 B Notes
</TABLE>

<PAGE>

<TABLE>
<S>                                                                        <C>
GE Edison Life Insurance Company                                           $27,000,000 Series 2000 C Notes

CIG & Co. (on behalf of Connecticut General                                $3,300,000 Series 2000 D Notes
Life Insurance Company)

CIG & Co. (on behalf of Connecticut General                                $3,000,000 Series 2000 D Notes
Life Insurance Company)

CIG & Co. (on behalf of Life Insurance Company                             $3,200,000 Series 2000 D Notes
 of North America)

CUDD & Co. (on behalf of The Guardian Life                                 $7,500,000 Series 2000 D Notes
Insurance Company of America)

Metropolitan Life Insurance Company                                        $30,000,000 Series 2000 D Notes

MAC & Co.                                                                  $2,000,000 Series 2000 D Notes

Principal Life Insurance Company                                           $5,000,000 Series 2000 D Notes

ReliaStar Life Insurance Company of New York                               $2,000,000 Series 2000 D Notes

ReliaStar Life Insurance Company                                           $2,000,000 Series 2000 D Notes

Principal Life Insurance Company                                           $7,000,000 Series 2000 E Notes

John Hancock Life Insurance Company (General Account)                      $25,000,000 Series 2000 F Notes

John Hancock Life Insurance Company (Closed Block)                         $3,000,000 Series 2000 F Notes

John Hancock Variable Life Insurance Company                               $1,000,000 Series 2000 F Notes

Mellon Bank, N.A., Trustee for the Bell Atlantic                           $2,000,000 Series 2000 F Notes
Master Trust

Mellon Bank, N.A. Trustee under the Long-Term                              $2,000,000 Series 2000 F Notes
Investment Trust dated October 1, 1996

Sun Life Assurance Company of Canada (U.S.)                                $5,000,000 Series 2000 F Notes

John Hancock Life Insurance Company                                        $1,900,000 Series 2000 F Notes

John Hancock Variable Life Insurance Company                              $100,000 Series 2000 F Notes

General Electric Capital Assurance Company (nominee is SALKELD & CO.)     $5,000,000 Series 2001 G Notes
</TABLE>

<PAGE>

<TABLE>
<S>                                                                       <C>
Connecticut General Life Insurance Company                                $7,000,000 Series 2001 G Notes

C.M. Life Insurance Company c/o Massachusetts Mutual Life Insurance       $1,000,000 Series 2001 G Notes
Company

Massachusetts Mutual Life Insurance Company                               $6,000,000 Series 2001 G Notes

Hare & Co.                                                                $3,000,000 Series 2001 H Notes

Phoenix Home Life Universal Portfolio                                     $1,500,000 Series 2001 H Notes

PHL Confederated Life Insurance Company                                   $1,500,000 Series 2001 H Notes

Phoenix Home Life General Account/Closed Block Portfolio                  $2,000,000 Series 2001 H Notes

General Electric Capital Assurance Company (nominee is SALKELD & CO.)     $16,000,000 Series 2001 I Notes
</TABLE>

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