Officials for Florida State University and Clemson University will vote Tuesday on an agreement that would settle four ongoing lawsuits between the schools and the Atlantic Coast Conference regarding a revenue-sharing plan.

The ACC board of directors also is scheduled to meet Tuesday to go over terms of the settlement. All three boards must agree to the settlement before it can move forward, but those familiar with the negotiations expect a deal to be finalized soon.

The new revenue-distribution plan has been called “brand initiative,” and it is said to solidify the league’s membership for the time being. It would be based on viewership and would include financial penalties for leaving the league before the plan concludes in June 2036. The plan would be based a five-year rolling average of television ratings.