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The University has all discretionary power and authority necessary to administer CRP including, but not limited to, the power and authority to interpret the provisions of CRP, to compute the amount and kind of benefits payable to participants and beneficiaries, to direct the payment of plan expenses from CRP, and to resolve any questions relating to eligibility to participate in CRP. Any action taken in good faith by the University in the exercise of the discretionary power and authority conferred upon it, including a final decision made under the review and appeal process described herein, shall be conclusive and binding upon participants and their beneficiaries.  
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