King Robert I makes an agreement with Duncan, earl of Fife. Because of perils and because his wife is detained by (the English), if the earl dies childless his rights could be destroyed (? and as) the kings of Scotland must be made by an earl of Fife when (?they are enthroned) it is agreed than an earldom of Fife must be separate (? from the crown) keeping its rights. Therefore the earl (? agrees) to resign to the king his earldom and its appurtenances, receiving them back with tailzie to the king and the assignees lawfully born to the king provided that the earldom and the arms shall remain distinct from the crown by having a separate lord, (the holder) of the earldom having its honours and rights. If the king dies without (and heir? an assignee? ) as lord of the earldom, the earldom and its appurtenances shall revert to Alan son of Alan of Menteith cousin of earl of Duncan.