This is why I advise working for a company with a balanced IP policy. I would never consider doing otherwise. At present, all I need to do is disclose any 'pot

This is why I advise working for a company with a balanced IP policy. I would never consider doing otherwise. At present, all I need to do is disclose any 'potentially business related' projects to my employer. For 90 days from the date of disclosure, they have the right to negotiate purchase of any such projects. I have an obligation to negotiate in good faith, but no obligation to sell. After 90 days, their negotiation option goes up in smoke. In effect they have put in writing: "We waive our right to screw you on this point, please extend us the same courtesy."