Hi, If you are uncertain, have an attorney look at it. Remember: Law and logic are not the same. For example, does "period of employment" mean 9AM to 5PM, or does it mean the period during which you are employed with the company, for example January 1, 2007 to December 31, 2007. My guess is that it is the latter. Also, in law, commas a VERY important. Consider the following clause: "Any and all "Creations" (i.e. inventions, discoveries, improvements, or creations) which the Employee has conceived or made or may conceive or make during the period of employment in any way..." Now consider this verion that I made up: "Any and all "Creations" (i.e. inventions, discoveries, improvements, or creations) which the Employee has conceived, or made or may conceive or make during the period of employment in any way..." Notice the comma after conceived in the version I made up. This simple comma gives them rights to anything you created, even before your time with the company. Only a lawyer can tell you for certain what this contract means. Don't fall for the "standard contract" line. Also interpretations of contracts change across jurisdictions. This means that intellectual property contracts are enforced by courts in different ways in different states. Never "just sign". Some of these contracts are pretty bad. After 1 month of negotiations I turned down an excellent job with a firm because of their bad contract. Left as they wanted, they would own everything I ever worked on, or would ever work on. Additionally, their complex legal wording barred me from working for any company on the planet Earth for one year following employment with them (any client, perspective client, blah blah). Hope this helps... SomeGuySomewhere