Former HP CEO Mark Hurd has settled with the contractor who initially accused him of sexual harassment, leading to an internal HP investigation that prompted Hurd's resignation from the company—not as a result of the allegations of sexual harassment, which were found to be unproven, but on charges that Hurd delivered incorrect expense reports and payments for said contractor.

The Associated Press reports that Hurd agreed to the settlement deal on Thursday, one day prior to his official resignation, which involves a payout to the female contract worker. HP did not contribute to the settlement, nor has Hurd or the contractor let fly any additional details about the contractor's identity, the nature of their allegedly non-sexual relationship, or the actual amount money the woman will receive as part of the deal.

In response, the HP contract worker has agreed to release HP from any legal claims arising from the matter.

HP initially found out about the matter when said contract worker's attorney, Gloria Allred, sent a letter to the company June 29 to complain about her client's alleged sexual harassment. The contractor did marketing and event-planning work for the office of HP's CEO between 2007 and 2009.

The "close, personal relationship" between the contractor and Hurd, as described by HP General Counsel Mike Holston, allegedly consisted of dinners between the two following the various HP events that the contractor attended.

Hurd allegedly reported on his expense reports that the dinners were between him and another party—or a merely him dining alone. In total, the listed expenses amounted to anywhere from $1,000 to $20,000, which Hurd himself offered to repay once the issues became known to HP's board of directors.

"It wasn't the dollar amount of the expenses that drove the board's decision," said Holston on a conference call Friday. "It was a systematic pattern of improper expenses and inaccurate reports and the disregard for the values of HP that Mark admitted he didn't live up to."

According to new interim CEO Cathie Lesjak, HP investors and customers have responded positively to the board's insistence that Hurd resign.

"They respect how we dealt with the situation with transparency and speed. The bottom line is, the HP brand is strong," said Lesjak on a Sunday conference call.

"One thing happened in this company on Friday — that is the CEO left. The rest of the company did not change."