Lawsuits between a disgruntled employee and his former real estate boss — a legal tussle that included allegations of an overreaching non-compete clause, 12-hour work days, flying shoes and scissors and embarrassing tirades — have been settled, The Post has learned.

The actions, filed in Manhattan state court, will be withdrawn today.

Albert Sultan, who filed a lawsuit against his former employer, Jack Terzi, and his eponymous real estate company back in August, has agreed to pay Terzi a financial settlement and issue a statement that praises his former boss and company, sources said.

In an e-mail, Sultan said, “The case has been settled out of court . . . . Lawsuits on both sides have been dropped. I can’t comment on the terms of the settlement.”

Sultan’s statement, obtained by The Post, praises Terzi for a “personally and professionally satisfying . . . positive experience” and apologizes for the “misunderstanding.”

“I feel bad about our misunderstanding and the media coverage that ensued,” Sultan’s statement continued.