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+ - Giving up personal copyrights to a business

Submitted by E
E (666) writes "Prior to my current job I have created many different programs and applications which I retain full copyrights to (250k+ loc). Some were created for companies others as hobbies and currently, many of them sit rather idle. I have been offered a partnership in a small company with big potential, where I am the only tech person. In all the leagalities of the process, there is a copyright clause that basically says the company owns anything and everything tech related I do inside and outside of work. This is a fairly standard clause, however I am stuck on what to do.

I will be consulting a lawyer, but wanted some feedback first on what others may have done. I have been told already that the partnership won't buy it from me for what the software is worth, and if my copyrights don't ever make money, the partners won't care about it. Knowing legally, if I do any development in the future, it belongs to the partnership. Should I:
(1) Let the company take my copyrights and hope the partnership pays off.
(2) Sell the rights to someone else and "cash out" on what I currently have.
(3) Pretend the clause isn't in there and continue dev as a hobby/side business.
(4) Release it under an OSS license, and hope someone will continue dev work (since legally I can't), knowing it will most likely become stagnant or abandoned.
(5) Focus on the partnership and archive my software (If I don't do anything with them in the future, the partnership has no claims to them).
(6) Hold out until the clause is changed.
(7) Any other options or advice?

Has anyone else been in a similar situation, and what have you done?"

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