Why? It seems pretty good to me.

I did a little googling and it seems, that if you patent something that benefits your company, they can license it from you, and if they patent something you invent, then they have to pay you a revenue share. If they try and fuck you after a disclosure, then you get to keep the patent.

I recind my above statement. That is surprisingly (as an American) reasonable. The comment I replied to made it sound much more onerous, but with those details it sounds very fair.

This comment quotes what the regulation actually states:

https://news.ycombinator.com/item?id=19477950

I need to look up sometime what happens when you have two jobs. That's uncommon here, but I'm sure the law spells it out.

(Edit: couldn't find it in the law, and will not be in the University library soon to check the legal commentaries — but I still find that question interesting)

They have a dubious law banning 'dual use' security tools too