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                                                                      Exhibit 10


        SUMMARY OF TERMS OF UGI CORPORATION 1999 RESTRICTED STOCK AWARDS


GENERAL

On June 4, 1999, the Board of Directors approved restricted stock awards for ten
individuals in the aggregate amount of 103,000 shares. Certificates for the
shares were issued in the name of each grantee. The certificates will be held by
the Company until the restriction period ends or the grantee forfeits the
shares. Each grantee has all rights of a shareholder of the Company, including
the right to vote the shares and the right to receive dividends. There is no
performance contingency attached to the grant, other than the rendering of
services to the Company or one of its subsidiaries until the restriction period
ends.

FORFEITURE

If the grantee's employment with the Company or its subsidiaries terminates for
any reason during the restriction period, other than due to death or disability,
the grantee will forfeit all restricted shares.


RESTRICTION PERIOD

The restriction period began June 4, 1999 and will terminate no later than June
3, 2003. The restricted shares may not be transferred during the restriction
period. After four years, all restrictions lapse and each grantee will receive
the shares. However, the restriction period will end immediately upon a change
of control of the Company. In addition, after June 3, 2001, the restriction
period will end whenever the average daily sales price of a share of UGI common
stock on the New York Stock Exchange exceeds $26 for a period of ten consecutive
trading days commencing on or after June 4, 2001.




June 4, 1999