(b) To exercise discretionary authority to make all decisions regarding eligibility, participation and investments, to make allocations and determinations required by this Plan, and to maintain records regarding Participants Fund Investment Accounts;
(c) To compute and certify to the Partnerships the amount and kinds of payments to Participants or their beneficiaries, and to determine the time and manner in which such payments are to be paid;
(d) To authorize all disbursements by Sculptor Capital LP (or such other Partnerships as determined by the Administrator) pursuant to this Plan;
(e) To maintain (or cause to be maintained) all the necessary records for administration of this Plan;
(f) To make and publish such rules for the regulation of this Plan as are not inconsistent with the terms hereof;
(g) To authorize his delegates to delegate to other individuals or entities from time to time the performance of any of the delegates duties or responsibilities hereunder;
(h) To establish or to change the Sculptor Funds under Article 4;
(i) To hire agents, accountants, actuaries, consultants and legal counsel to assist in operating and administering this Plan; and
(j) Notwithstanding any other provision of this Plan, the Administrator may take any action he deems appropriate in furtherance of any policy of the Sculptor Group respecting insider trading as may be in effect from time to time.
(k) The Administrator has the exclusive and discretionary authority to construe and to interpret this Plan, to decide all questions of eligibility for benefits, to determine the amount and manner of payment of such benefits and to make any determinations that are contemplated by (or permissible under) the terms of this Plan, and the Administrators decisions on such matters will be final and conclusive on all parties. Any such decision or determination shall be made in the absolute and unrestricted discretion of the Administrator, even if (1) such discretion is not expressly granted by the Plan provision in question, or (2) a determination is not expressly called for by the Plan provision in question, and even though other Plan provisions expressly grant discretion or call for a determination. As a result, benefits under the Plan will be paid only if the Administrator decides in his discretion that the Participant is entitled to them. In the event of a review by a court, arbitrator or any other tribunal, any exercise of the Administrators discretionary authority shall not be disturbed unless it is clearly shown to be arbitrary and capricious.