Following several days of often tense negotiations, NBC and Conan O'Brien inked a deal early Thursday to end the host's short tenure on 'The Tonight Show,' NBC has confirmed. This paves the way for allowing Jay Leno to return to late night from his unsuccessful run at 10 p.m.

According to the network, O'Brien will receive $33 million and his staff another $12 million. The sticking point in O'Brien's complex exit negotiations with NBC had involved his employees. It's also believed the agreement includes a provision that would bar O'Brien from appearing on other shows.