This was agreed to. Thorgrim and his brothers were to give up Reykjarfjord with all on that side, and were to keep Kamb. For Ofeig a large sum of money was paid, and Thorfinn was assessed at nothing at all; Thorgeir received compensation for the attack made upon his life, and all the parties were reconciled.
Onund said he would take advantage of his offer, and in the end he took some of the Ofaera land and the three creeks Byrgisvik, Kolbeinsvik, and Kaldbaksvik as far as Kaldbak's Cliff. Afterwards Eirik gave him Veidileysa with Reykjarfjord and the outer part of Reykjanes on that side.
Nothing was settled about the drift which came to the coast, because there was so much of it that every one could have what he wanted. Onund made his home in Kaldbak and had a large household. His property increased and he had another house in Reykjarfjord. Kolbeinn lived in Kolbeinsvik and for some years Onund lived quietly at home.
Thorgeir, the eldest brother, was managing the farm at Reykjarfjord, and often rowed out fishing, as the fjords were full of fish. The men of Vik now laid their plans. Flosi had a man in Arnes named Thorfinn, and sent him to fetch Thorgeir's head. This man hid himself in the boatshed.