Simplify the following text for a Grade 5 native English-speaking person.
Original: Overall , it reconciled a longstanding feud between King Charles VII of France and Duke Philip of Burgundy . Philip recognized Charles VII as king of France and , in return , Philip was exempted from homage to the crown and Charles agreed to punish the murderers of Philip 's father John of Burgundy .
Simplified: Philip the Good , duke of Burgundy made peace with Charles VII of France .