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loss or damage to its property, however caused, which is not compensated for by such insurance. The Heye Foundation shall pay all costs, premiums, and other charges incidental to such care and insurance.

[[underlined]] Seventh. [[/underlined]] Anything herein contained to the contrary notwithstanding, from and after the date of this Memorandum and until title to the collections shall pass to and be vested in the Institution, the Heye Foundation may loan any of the objects or related material listed in the schedules attached hereto, and otherwise continue prudent operations.

[[underlined]] Eighth. [[/underlined]] The income from the endowment of the Heye Foundation after transfer to the Institution and any funds realized from the sale of assets, objects, and related material in its collections shall be applied in a manner and to those ends as may be approved by the Board of Trustees of the Museum. Pending the use of said funds for such purposes, the Institution shall invest the endowment and such funds in a manner that it may determine from time to time, provided that the endowment and such funds, and the income therefrom, shall be maintained for the benefit of the Museum and accounted for separately from other funds of the Institution. Administrative fees to cover the costs of fund management and other support services for the Museum will be charged, consistent with established policy, by the Institution.

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