According to court documents obtained by PEOPLE, McPhee and Cokas are splitting the rights to songs McPhee recorded during their marriage, as well as income from her acting work. However, the American Idol runner-up retains full rights to income from touring and live performances of her songs taking place after the separation.
McPhee must also pay her ex little more than $102,000 and could wind up giving him up to $400,000 per year (prorated at a max of $33,000 a month) – depending on her income. The spousal support expires Oct. 31, 2017.
The former couple, who were married in 2008, announced their split in May 2014
“The two have an amicable relationship and will remain friends. They ask that people respect their privacy during this time,” the actress’ rep told PEOPLE at the time.