ABC News' Kate Snow reports: A deal has been brokered between Sens. Barack Obama and Hillary Clinton that will allow Clinton's name to be placed in nomination at next week's Democratic nominating convention, sources close to the Clinton camp told ABC News.
"Both sides agree that it is in the best interest of party unity and making sure that everyone's voice and vote is honored to make sure her name is put into nomination," a person close the negotiations said. "It's to honor everyone who worked so hard on both sides."
The two sides have been jockeying over how to win over Clinton supporters who were bitterly disappointed by her loss and the chance of seeing the first woman to win the presidential nomination of a major political party.
It is also apparent that Clinton is not being seriously considered as a running mate for Obama.
The deal that allows Clinton's name to be placed in nomination is meant to help mollify those hurt feelings.
“I am convinced that honoring Senator Clinton's historic campaign in this way will help us celebrate this defining moment in our history and bring the party together in a strong united fashion,” Obama said in a joint statement released by the press offices of both senators.
The statement said Obama's office "encouraged" Clinton's supporters to place her name in nomination. Nevertheless, it has taken weeks for today's agreement to be reached.
The joint statement quoted Clinton saying, “With every voice heard and the Party strongly united, we will elect Senator Obama President of the United States and put our nation on the path to peace and prosperity once again.”
Some details are still being worked out, but Clinton's name will be put into nomination at the Denver convention on Wednesday. That will be one day after Clinton addresses the convention.
"This truly was a joint decision," according to the Clinton source. "This wasn't something she was itching for, looking for. But so many of her supporters said it was important to them. And the Obama people got how important it was to smooth over any tensions and that it was the right thing to do."
What also hasn't been settled yet is who will nominate Clinton and whether she will stand up with the New York delegation when they are called on.
What has been settled, however, is that after both Clinton and Obama names are placed into nomination there will be a roll call vote.
What has also been hashed out is that at some point during the convention, Clinton will release her delegates officialy to Obama and that she will make it very clear that she is voting for Obama, the source said.
One more thing...
As of last night, there are still no decisions on whether Chelsea Clinton will speak at the convention, although a Clinton source said, "I wouldn't be surprised if she did" introduce her mother.
That would make the convention a true family affair with Hillary, Bill and Chelsea Clinton all having podium time.