ARTICLE V.
Powers, Duties and Obligations of Trustees

Section 1. Construction of Agreement. The Trustees shall have the power and authority to administer this Trust Agreement
and the Health Benefit Plan and shall have the maximum discretion permitted by law to construe the provisions and the terms used in the Trust Agreement and Plan, and any construction adopted or decision made by the Trustees in good faith shall be binding upon the Unions, the Producers, the Writers, the Retirees, and their beneficiaries. The Trustees may, subject to the provisions of the Trust Agreement and the Plan, establish rules and regulations for the operation of the Trust Agreement and the Plan and may revise such rules and regulations from time to time.