Dale Dyer, who was employed by National By-Products

Dale Dyer, who was employed by National By-Products, Inc., was seriously injured at work asthe result of a job-related accident. He agreed togive up his right to sue the employer for damagesin consideration of the employer ’ s giving him a lifetime job. The employer later claimed that thisagreement was not binding because Dyer ’ spromise not to sue could not be consideration for the promise to employ on the ground that Dyer in fact had no right to sue. Dyer ’ s only remedy was to make a claim under workers ’ compensation. Was the agreement binding?