Washington, Apr 18 : Former 'Baywatch' star David Hasselhoff and ex wife Pamela Bach have finally reached a divorce settlement.
According to court documents, Hasselhoff will get to keep his several self-named business ventures, i.e., Hasselhits, Hasseltunes and Hoffstuff Productions, etc., as well as the Hoffworld-branded trademarks to his nickname, "Hoff," and his catchphrase, "Don't Hassel the Hoff."
The 23-page agreement also shows that the actor will also keep the intellectual property rights to more than 50 of his albums and singles, including David Hasselhoff Sings America, "Wir Zwei Allein Heut' Nacht," and "I Don't Do Sex."
On a more personal note, the Hoff, as he is known to fans, will be getting the African pipe, the ivory tusk, assorted statues and the "elephant foot and two elephant stools" that form part of his Encino, Calif., home's African room.
The home itself will be sold and the actor and Bach will be dividing the spoils, reports E! Online.
The former couple have also sorted out their war over their daughters, with Hasselhoff shelving out 2,500 dollars a month in child support for the younger daughter and 1,500 dollars a month for the older one. This will continue till his daughters reach the age of 18.
Bach and he will share joint custody and agree that "neither party shall unduly pressure the children to spend time with him or her."
Bach will also be keeping the snaps of Hollywood great Claudette Colbert and pop singer Michael Jackson that hung outside their master suite.
When it comes to the couple's cars, she gets to keep the 2006 Mercedes and the 1999 Lincoln Navigator while Hasselhoff retains the 1960 Mercedes, the 2003 Harley-Davidson motorcycle, the BMW golf cart, the 1985 Porsche, the 2007 Cadillac Escalade, the other 2006 Mercedes and the 1993 Mercedes.
Back will also be getting one-half of the actor's pensions from the Screen Actors Guild, the Directors Guild and the American Federation of Television and Radio Artists, as well as one-half of any income from his 2006 autobiography, Making Waves.