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The Gossip has learned that Britney Spears and her estranged husband, Kevin Federline, have mutually agreed to a custody arrangement during the month of January.

Under the terms of the agreement, filed in Los Angeles County Superior Court yesterday, Britney and Kevin will have joint legal custody of their two children, one-year-old Sean Preston and four-month-old Jayden James.

Britney Spears will have a much greater share of physical custody, while Kevin’s physical custody is extremely limited.

The Hollywood Gossip

He will be allowed to be with the children from noon to 4:00 on Monday, Wednesday and Friday… but only at Spears’ residence.

The agreement states Spears can be present, but no one may interfere with Kevin Federline‘s right to be with the children.

That includes any vagrants Britney might have invited over, such as J.R. Rotem or sister Jamie Lynn Spears, and certainly the disgusting Paris Hilton.

Also under the terms of the stipulation, K-Fed is allowing Spears to take the children to Miami, Fla. for a week, today through the 11th.

No agreement has been reached on the parents’ custody matters after January.

In her official petition for divorce, filed in early November, Spears asked the court for sole physical and legal custody of the couple’s two children.

The aspiring rapper filed a countersuit one day later, asking for the exact same thing – along with an additional stipulation that Britney must wear pants.

Okay, just kidding about that last part. He did write a vengeful note, though.