Actor Rob Lowe is reportedly ready to settle the sexual harassment lawsuit filed against him and his wife Sheryl by his former nanny -- but only if nanny plays by his rules!

The "Brothers and Sisters" star will reportedly settle with Laura Boyce only if she agrees to take back her claims against him and his wife, which include sexual harassment.

Rob and his wife countersued the nanny claiming defamation, infliction of emotional distress, and violation of a confidentiality agreement.