Britney Spears and Kevin Federline
have reached a divorce settlement.
The couple, who married in September 2004 before Britney filed for
divorce last November, agreed the deal during a five-hour meeting
in Los Angeles yesterday (29.03.07).
Kevin is rumoured to be receiving a $1 million payment, with the
couple sharing custody of their two sons, 18-month-old Sean Preston
and Jayden James, six months.
A spokesman for Kevin's attorney said: "The parties signed a global
agreement on all issues of their marriage and custody of their
children."
He refused to elaborate on the terms of the settlement, but
revealed they had reached an agreement on financial matters.
A judge must approve the agreement before the divorce is
finalised.
During the meeting, Kevin, 29, took a cigarette break and Britney,
25, followed him outside where they spent 15 minutes talking.
The meeting took place in Britney's attorney Laura Wasser's office
in California's Century City.
The estranged couple agreed to temporarily share custody of their
sons in January, but Kevin took over custody when Britney checked
into Malibu's Promises rehab centre in February.
Earlier this month, it was reported Britney had decided to give
Kevin $19 million.