PRADEEP NANDRAJOG, J.

1. Learned counsel for the parties agree that we need to decide whether the impugned decision dated December 24, 2010 has correctly decided that the correspondence between the parties exchanged through emails evidences a full and final settlement of appellant’s claim in sum of Rs.27,79,739/-and since save and except a sum of Rs.5,14,585/-from said sum remained payable the suit filed by the appellant has been correctly decreed in sum of Rs.5,14,155/-.

2. It is not in dispute that vide Ex.P-1 dated September 01, 2000, the appellant was appointed as a CEO of four group companies (the respondents) at a remuneration of Rs.1 lakh per month and subsequently vide Ex.PW-1/3 dated September 29, 2000, which letter supplemented Ex.P-1, the remuneration was enhanced to Rs.1.5 lakhs per month and additionally the appellant was to receive 10% profit from the four companies of which he was appointed as the Chief Executive Officer.

3. As per the appellant, the sum of Rs.27,79,739/-to which he had agreed to receive did not include the profits earned by the four companies when he worked as the CEO and thus he was entitled to 10% of the profits earned. He claimed the sam