The vesting of contractual rights in a third party will always prevent the origi?nal parties to the contract from modifying it.

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Vesting contractual rights in a third party does not always prevent the original parties to the contract from modifying it. They can modify the contract if they explicitly provide for it in the contract or if the third party agrees to the modifications. However, if the rights are vested and cannot be modified without the third party's consent, then the original parties may be limited in their ability to modify the contract.

The Vesting of Contractual Rights in a Third Party Will