Britney Spears and Kevin Federline, who married in September 2004 before Britney filed for divorce last November, agreed the deal during a five-hour meeting in Los Angeles yesterday.


Kevin Federline is said 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 Federlins'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.


The meeting took place in Britney Spears's attorney Laura Wasser's office in California's Century City.

Kevin Federline visited his estranged wife, Britney Spears, in rehab on Friday.


Britney Spears, 25, is currently being treated at Promises in Malibu. A source familiar with the situation says Kevin Federline, 28, has been involved in her stay there.


The source said:

He cares a lot about her

,


Kevin Federline stopped by the facility on Friday and stayed about an hour and a half.


Britney Spears have two sons together, Sean Preston and Jayden James.

Britney Spears's short romance with model Isaac Cohen is over.


Cohen decided to end the relationship, according to his agent, Brandi Lord of L.A. Models, who calls the split "very amicable."


Brandi Lord said:

They're both busy with their careers,

She just got out of her marriage and she has two kids to take care of. Her plate is full, and the same with him.

A rep for Britney Spears had no comment.


Britney Spears and Isaac Cohen, both 25, were first spotted together on January 2 powerboating off Marina Del Rey, California, and just one night later they turned up at the W Hotel's Whiskey Blue bar in Westwood.


Britney Spears has two children, Sean Preston and Jayden James and she recently divorced her husbund Kevin Federline.

www.usmagazine.com is reporting that Britney Spears and Kevin Federline have agreed to a custody arrangement during the month of January. Britney Spears and Kevin Federline will have joint legal custody of their two children, Sean Preston, 1, and Jayden James (click here to read more)





www.People.com is reporting that Reneé Zellweger says making her new movie, Miss Potter, helped her get through the end of her marriage to Kenny Chesney, an experience she calls "devastating." (click here to read more)







www.femalefirst.co.uk is reporting that Paris Hilton will no longer be associated with two nightclubs called Club Paris, because the socialite's failure to attend scheduled appearances has angered the venues' owner. (click here to read more)

Britney Spears has filed for divorce from her husband of two years, Kevin Federline, PEOPLE has confirmed.


L.A. Superior Court spokesperson Pat Kelly told PEOPLE:

Yes, it's confirmed. It was filed today, on the grounds of irreconcilable differences.

Britney Spears and Kevin Federline got married in September 2004 and have two sons, Sean Preston, 1, and Jayden James, who was born Sept. 12.


According legal documents filed on Tuesday in Los Angeles, Britney Spears seeks custody of both boys, with Kevin Federline getting visitation rights.


Britney Spears gives a separation date of Monday. She asks that each party pay their own legal fees and waives her right to spousal support. She also requests that certain assets, including "miscellaneous jewelry and other personal effects," be confirmed as separate property.