An important takeaway not specifically stated here: Don't rely on layman knowhow and common sense when negotiating contracts. Lots of people, myself included, a

An important takeaway not specifically stated here: Don't rely on layman knowhow and common sense when negotiating contracts. Lots of people, myself included, assume we can understand things outside of our areas of expertise easily because we are experts in one field or another. Such an assumption of unqualified competence is wrong and can be dangerous. Get a lawyer, have the lawyer review anything you might be planning to sign. Going into a contract negotiation of any kind without an attorney is like bringing a plastic spork to a gunfight and shouting "Careful, I've got a knife!"