I've seen it in a lot of places - however, just because they sent you a contract does not mean you have to sign it - you are still in the negotiation period. This means that you can edit the contract as both parties see fit. Your best recourse is to just mention it to them and ask them to amend that portion.
For most people its usually sign it or don't work for us.
If your skills are really in demand, you might be able to get the terms modified if there are no requirements from investors and banks to have the contract worded in a specific way.
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I've seen it in a lot of places - however, just because they sent you a contract does not mean you have to sign it - you are still in the negotiation period. This means that you can edit the contract as both parties see fit. Your best recourse is to just mention it to them and ask them to amend that portion.
These employers typically treat the contracts as a standard form contract or "Contract of Adhesion" https://en.wikipedia.org/wiki/Standard_form_contract
For most people its usually sign it or don't work for us.
If your skills are really in demand, you might be able to get the terms modified if there are no requirements from investors and banks to have the contract worded in a specific way.