Rapper Roddy Ricch and his ex-girlfriend Alexandra Kiser have finalized a custody agreement for their 3-year-old son.

Roddy will share joint legal custody and have physical custody of their son from Tuesdays to Thursdays each week.

He will also pay Alexandra $8,000 a month in child support, along with covering their son's private school tuition, medical expenses, special-needs therapy, and extracurricular activities.

Additionally, Roddy has agreed to pay $37,500 for Alexandra's legal fees and provide her with a $1,000 monthly stipend for a car.

The settlement terms were negotiated by his attorney, Samantha Spector, and filed on Friday in L.A. County.

Sources close to the ex-couple told TMZ that they are now in a very good place with co-parenting, a significant improvement from before when Alexandra had accused the Diamond-selling artist of neglecting his fatherly duties despite his alleged $25 million net worth.