In what people thought was gonna be a long drawn out Hollywood divorce like every A-list celebrity goes through, this was probably the fastest, quickest divorce settlement in history. TMZ reported that Cruise signed the agreement & gave sole custody of their daughter Suri to Katie Holmes but he will have generous visitation rights. Here are the details of the agreement::

Katie will have what amounts to primary physical custody, but Tom has significant custodial time with his daughter.

-- A report claiming that Suri must be in the presence of Katie's bodyguard and nanny when she is around Tom is "absolutely, 100% false."

-- The custodial provisions of the agreement are extremely detailed, and religion is one of the topics.  We're told there are restrictions on what Tom and Katie can discuss with Suri on the subject of religion, including Scientology, however, those restrictions are eased the older Suri gets.

In short, we're told the agreement is extremely detailed and outlines a course of conduct for years to come.

That's a smart move on Tom's end signing so quick, he figured that he can be a good father but be that rich player he wants to be at the same time lol.