(showbizspy.com) - Actress Vanessa Hudgens reportedly celebrated sealing the deal to star High School Musical 3 - by enjoying a leisurely breakfast with boyfriend & HSM costar, Zac Efron in the LA sunshine.
According to reports, the happy couple, Hudgens, 18 & Efron, 20 were photographed holding one-another's hands - as they made their way to a French bakery in Studio City and Vanessa was looking radiant in dark shades and a pretty grey dress.
'Vanessa just finalized a deal for the sequel,' a source told British newspaper The Sun.
Hudgens is also rumored to have received a pay rise - despite rumors that Disney were planning on dropping her - following her naked picture scandal in September.
Last week, Us Magazine reported that both Vanessa Hudgens and Ashley Tisdale will reprise their roles for third installment of the hit movie - with sources close to the deal claiming that that Hudgens will receive a "substantial increase" in pay.
A source told the magazine: "Vanessa is locked for the movie, she is very happy that the deal is done."
Another source close to Vanessa added: "The contract will be signed within the next week, It is almost a done deal."
A source close to Tisdale says of the other lead actress' negotiations, "It's done, done, done."