Lambert and his former club Norwich have agreed a settlement over the dispute regarding his departure from Carrow Road.
The two clubs issued a statement this evening which read: "Paul Lambert, Norwich City and Aston Villa have agreed settlement in respect of the dispute regarding Paul Lambert's departure from Norwich City.
"Villa will pay Norwich City the original amount as agreed in the contract between Paul Lambert and Norwich City, and Norwich City will pay Paul Lambert the bonus he was entitled to after completion of the 2011/12 season.
"This represents a final settlement of all claims and disputes between the parties. No further comment will be made."