Under the agreement, the Firework singer will get her maiden name Katheryn Elizabeth Hudson back, while Russell, who filed for divorce on December 30, 2011 citing "irreconcilable difference", has waived his right to a portion of her wealth - estimated to be in the region of £45million.
Their divorce will not become legal until July 14, 2012 as Californian law requires separated couples to wait at least six months after filing before the split is made official.
In court documents, filed and obtained by RadarOnline.com, the pair said they "have entered into a comprehensive written settlement of all issues, including, without limitation, with respect to the property to be confirmed or assigned to each party."
In their 14 months together as man and wife, they are believed to have bought four properties in California, New York and London, totalling around £10million, and also shared a cat called Krusty.
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