(showbizspy.com) - Britney Spears has agreed to let ex-husband Kevin Federline retain sole custody of their two young sons.
The deal -- which is expected to be given a judge's backing today -- means that a drawn-out court battle will be avoided next month.
"The case has been settled," said Federline's lawyer Mark Vincent Kaplan. "The court still has to approve it. As of [Thursday] evening there is a fully executed deal memo...
"All the issues that would have been addressed at trial have been settled. Can't speak to the exact terms of the deal. Orders in place...will stay in place.
"All parties have agreed to the following: Kevin will retain sole legal and physical custody of Sean Preston and Jayden James.
"Britney will continue to have visitation rights which may increase over time. The agreement will be presented to the court in the morning for approval by the commissioner."
"Kevin is ecstatic and the boys are thriving," Kaplan added. "Kevin was not [out] to get custody," he tells E! Online. "Kevin's goal was to set up some kind of template so the mother of his children can co-parent.
"Nobody could have anticipated the terms of events that have occurred...."
Britney, 26, had to hand over sons Sean Preston, 2, and Jayden James, 1, in January after being hospitalized. She is currently allowed to see her sons two days a week and have one overnight stay in monitored visits.
The 'Toxic' hitmaker's dad Jamie, 55, is currently co-conservator of her estate and well-being.