"McMahon's RV has agreed to settle its dispute with Taylor Lautner. McMahon's RV will pay $40,000 to Lautner, which the 18-year-old actor will donate to The Lollipop Theater Network, a children's charity with which he has a long-standing relationship," Lautner's attorney Robert Barta told the magazine Friday.
The non-profit organization is dedicated to bringing films out in theaters to children confined in hospitals from illness.
After Lautner filed a breach of contract suit on Aug. 23 claiming the company failed to deliver an RV on time for use on the set of his latest movie, the owner of Irvine, Calif., RV company offered to compete in a push-up contest against Lautner in order to settle the lawsuit.
A call to Lautner's lawyer was not immediately returned and a rep declined to comment.
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