The £18 million consists of a £7.2 million cash payment payable in 2011 and £10.8 million either in programme rights at the end of the year or cash, as adjusted, depending on further discussions with ITV plc. The programming rights payment is capped at a maximum of £15 million. In addition, STV will receive £2.4 million of credit for programme opt outs in 2011. STV said it believed it was in the best interests of shareholders to end the long period of uncertainty. The parties have agreed the basis of a more collaborative relationship for the future.