Oct 11 (Reuters) - Hills Ltd HIL.AX
* Hills Limited and Woolworths Limited have agreed to end contract entered into on 3 dec 2014
* Woolworths will pay an amount to hills in settlement of all rights and obligations under licensing agreement (corrects source)
* Hills and Woolworths reach agreement on HHL brands
* terms of settlement remain confidential between parties
* Hills will record any associated increase to income and cash in its results for first half of fy17
* Hills is considering potential permanent replacement brand licensing arrangements for all hhl products Source text for Eikon: ID:nASXc0gbp6 Further company coverage: HIL.AX