Allen and Another v Trehearne  The managing director of a company was entitled, under an agreement with the company, by way of remuneration for his services, inter alia, to a terminal sum of £10,000 to be payable by the company to the managing director or his personal representatives upon the final termination from any cause whatsoever (other than the wilful default of the managing director in the performance of his duties) of his service with the company