Britney Spears Britney Spears

The ultimate teen queen Britney Spears is set to perform at this weekend's Teen Choice Awards and will receive the show's highest honor.

Spears, who is on a break from the European leg of her worldwide Circus tour, will receive the Ultimate Choice Award in recognition of her contributions to entertainment. Already the awards' winningest female artist, the pop princess is also up for three awards this year: Choice Music: Single for her tune "Circus"; Choice Music: Female Artist; and Choice Music: Tour for her Circus tour.

Watch Spears' "Circus" video now

It will be the 27-year-old's first performance at the awards since she took to the stage at the inaugural Teen Choice Awards 10 years ago. (Lest we forget, her then-hubby Kevin Federline debuted his first rap single "Lose Control" at the 2006 broadcast.)Other performers include Miley Cyrus

, the Black Eyed Peas, Cobra Starship with Leighton Meester, Sean Kingston, and the Jonas Brothers, who will also host the show.Twilight leads the field with 12 nominations, followed by a three-way tie with 10 among Cyrus, High School Musical 3: Senior Year and Gossip Girl.

See who else is up for a Teen Choice surfboard

The Twilight cast — Robert Pattinson, Kristen Stewart, Taylor Lautner, Ashley Greene, Nikki Reed and Kellan Lutz — is scheduled to appear, along with Zac Efron, Vanessa Hudgens, Megan Fox, Cameron Diaz, Hugh Jackman, Chace Crawford, Ashley Tisdale and Ellen DeGeneres.The Teen Choice Awards tapes Sunday and airs Monday at 8/7 CT on Fox.