Contractual dispute between SM and Kris and Luhan finally draws to a close

Kris and Luhan's contractual dispute with former agency SM Entertainment has at last drawn to a close. 

The court recommended for the two parties to reconcile, and the final agreement dictated that Kris and Luhan's exclusive contracts with SM Entertainment stay in force until 2022 as was originally written up. 

SM's representative law firm announced through an official press release on July 21, "We cannot disclose the details of the agreement but in accordance to the court's ruling and the agreement of the parties involved, Kris and Luhan's exclusive contracts will be effective until 2022 as originally contracted." 

SEE ALSO: "Proof she wasn't lying," Japanese model Harin's trainee contract with ADOR revealed

The press released further revealed, "Kris and Luhan, excluding areas in Korea and Japan, will entrust jurisdiction rights entirely to SM Entertainment, and Kris and Luhan will share a part of their revenues with SM Entertainment. Needless to say, [Kris and Luhan] will not promote as members of EXO."