When the respondent was appointed managing director for ten years , the contract necessarily meant that the appellant company would not without good cause remove him from his directorship during that period .
If company did so company would ipso facto terminate managing director 's employment .
When the respondent was appointed managing director for ten years , the contract necessarily meant that the appellant company would not without good cause remove him from his directorship during that period , because if they did so they would ipso facto terminate his employment .