Marc Malkin

EXCLUSIVE: Read it here first...

Charlize Theron: A Heart Full of Bling

Charlize Theron, Breil Milano Diamond Heart Pendant Jeffrey Mayer/Getty Images; Briel Milano

Charlize Theron’s endorsement deal with one watchmaker may have ended in litigation, but her current gig promoting Breil Milano timepieces is coming along just nicely, thank you very much.

The famed Italian jeweler has jumped on board to support the Oscar winner's Africa Outreach Project.

Breil will auction off a white gold 27.93-carat champagne diamond pavé Breil Milano Battio heart pendant next year to benefit the organization, which works to better the lives of impoverished families and children living in Theron's native South Africa, especially those touched by HIV/AIDS.

Theron reached an out-of-court settlement earlier this month with Raymond Weil after the company sued her, alleging she broke their exclusivity agreement by wearing other companies' timepieces during her 14-month contract with the Swiss watchmaker.

Seven months after the suit was filed, she was named a Breil spokesface, in a contract that ends in 2011. Her ad campaigns also include the company's jeweled accessories and leather bags. Edward Norton also models for the company.

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