A promisor and a promisee may provide that the benefits under a contract will never vest in a third person.

Name: A promisor and a promisee may provide that the benefits under a contract will never vest in a third person.
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A contract can be drafted to specifically state that the benefits will only accrue to the promisor or the promisee, and not to any third party. This is commonly seen in clauses related to assignment and delegation of contractual obligations.

A Promisor and a Promisee May Provide That the Benefits