updated 05/19/2010 AT 5:00 PM ET
•originally published 05/19/2010 AT 5:45 PM ET
After a week of nail biting, Twilight fans can rest easy knowing that the Cullen clan is sticking together.
Kellan Lutz and Ashley Greene have settled their contract disputes and are ready to continue playing the Cullen kids in the first family of vampires.
Lutz s rep confirms to PEOPLE that the negotiations are settled. Greene also signed a new deal with Summit Entertainment to reprise her role as Alice Cullen for the upcoming production of Breaking Dawn, the latest installment in the Twilight series that is expected to be split into two separate movies.
In a statement released Wednesday, Summit Entertainment confirmed that the entire Cullen family – Greene, Lutz, Peter Facinelli, Jackson Rathbone, Elizabeth Reaser and Nikki Reed – will all return in Breaking Dawn.
Recently reports had surfaced that if a new deal could not be reached before the latest chapter went into production, the studio was considering dumping Greene and Lutz for some fresh blood.
The stars are expected to bring in around $1.25 million for each of the Breaking Dawn movies, according to the Hollywood Reporter