Rob Kardashian is supposedly "relieved," he no longer has to pay ex-girlfriend Blac Chyna's pension to his daughter Dream.
Legal issues surrounding your two-year-old son have been a major source of discord between parents.
Rob was paying $ 20,000 (£ 15,163) a month until he stated that he could not financially support this deal.
He has filed documents to back up his claim.
After the settlement was agreed upon after private mediation, in which Rob and Blac decided to pay all costs when in custody of Dream, a source told E! News he is & relieved & # 39; by the result.
The source said the "final custody agreement" was brought together with the help of a retired judge and his lawyers.
The deal sees them split the 50/50 custody – but Rob will have the Dream most of the time, according to reports.
The 32-year-old father previously revealed his financial difficulties stemming from his hiatus from keeping up with the Kardashians.
The new parental contract allegedly involves "everyone pays for what the Dream needs when one of them has it for custody and any other expenses (school, medicine) will be equally divided."
The source continued: "Rob is really relieved by all this. He just wants what's best for Dream."
Chyna had also stated earlier: "Robert and my only concern is what is in the best interest of our daughter that we both love equally.
"Besides, Robert is a wonderful father to our Dreamy."
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