I am not from the US so I don't know what kind of dystopian regulations you guys got over there. But: if the company wants the fruit of the work you do outside

I am not from the US so I don't know what kind of dystopian regulations you guys got over there. But: if the company wants the fruit of the work you do outside of paid time, they should pay you 24/7. If they decide that is not worth it, they should not expect to see any of your work. So this might just be a very bad contract..? From the corp perspective I understand they would like to prevent you from creating a product that relates to their core business. This is only fair. Maybe you can get them to allow certain different (unrelated to their core business) exceptions?