Story highlights The "cessation of touring agreement" goes into effect after 2015

"Everything must come to an end," drummer Tommy Lee says

Agreement is "a peaceful decision to move on to other endeavors," band's lawyer says

"The Final Tour" starts in July 2014

All four members of Motley Crue signed an agreement Tuesday that will permanently dissolve the legendary rock group after a final tour.

Vince Neil, Mick Mars, Nikki Sixx and Tommy Lee appeared in a Hollywood hotel Tuesday for a signing ceremony for a "cessation of touring agreement," which their lawyer said would bring a peaceful end to the group.

"Other bands have split up over rancor or the inability of people to get along, but this is mutual among all four original members and a peaceful decision to move on to other endeavors and to confirm it with a binding agreement," attorney Doug Mark said.

Motley Crue has sold more than 80 million albums since hitting the road in 1981, but drummer Tommy Lee said, "Everything must come to an end."

"We always had a vision of going out with a big f**king bang and not playing county fairs and clubs with one or two original band members," said Lee, who is the youngest member at 51. "Our job here is done."

Guitarist Mick Mars, the oldest band member at 62, said the group's 33 years have had "more drama than 'General Hospital.'"

Vocalist Vince Neil, 52, said he'll miss the group, but it's not an end to his rock career. "I feel there are a lot of great opportunities and exciting projects after Motley."

The first leg of "The Final Tour" starts in Grand Rapids, Michigan, on July 2.

The termination agreement becomes effective at the end of 2015, after a global tour that will include Alice Cooper.

"Motley Crue and Alice Cooper -- A match made in Armageddon?" said Cooper.