I see the error "Attempted to downgrade extension" when installing in Chrome - how do I fix this?

Please try the following steps to correct this error:
 
1. Download the LastPass .crx file from https://lastpass.com/download and unzip it into a directory
 
2. Go to Chrome menu > Tools > Extensions and enable Developer Mode
 
3. Install unpacked extension and select the folder where you unzipped the file.
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