This sounds great (as a worker). I could imagine it poses some risk of gaming the system (ie, have your friends startup fake hire you at 2/5x and use that to b

This sounds great (as a worker). I could imagine it poses some risk of gaming the system (ie, have your friends startup fake hire you at 2/5x and use that to bypass noncompete or get a huge raise) - but then the company's out is to not enforce their noncompete (which is essentially what CA enforces) so I think it's a nice "velvet handcuffs" option for employers.