Katie Holmes and Jamie Foxx's upcoming November wedding costs $5 million for divorce clause penalty
True love wins for Katie Holmes and Jamie Foxx but the price of it is worth $5 million, in connection with a divorce clause that Holmes allegedly signed "just to get out right away" from her marriage with Tom Cruise. Holmes and Cruise ended their 6-year marriage with an unknown cause, mostly speculations about Cruise's religion. With this outcome, a divorce clause was made to make Holmes agree on the terms, and these may be the reason of a secret relationship between her and Foxx which has been circulating for the past 3 years.
Although it hasn't been confirmed, but there were settlements included on Holme's divorce clause like a $400,000 per year for Suri's medical and educational expenses until she turns 18. Not to mention, $4.8 million for child support and another whopping $5 million for Holmes, as for the 'Dawson's Creek' star, agreements within the clause should be followed by the 5-year term. According to The Inquisitr, the 5-year term does not allow her to date another man for five years after the divorce, she may date but not publicly, and her boyfriend not to be allowed near her daughter Suri. Other terms not supported by the 5-year clause are, she is not allowed to go about the Scientology specifically about Cruise's life.
In a similar article by HNGN, if the clause should be followed, Katie Holmes should be counting from 2012 plus 5 years, giving her a few months more to wait. If the wedding with Foxx is true for November 2016, then she may have to bring back $5 million. But apparently, Foxx has already asked the Top Gun actor for his approval and has amicably approved of their relationship, then the upcoming wedding.
But all of these may be better off confirmed by either Holmes or Foxx, as there was never been a definite statement from either the two of them. If this is the case, then fans may as well wait and see for the next celebrity wedding before the year end.