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Contracts are always negotiable. I'd chat with whoever my contact was about the clauses that concerned me and see what they say (basically ask the same question, note the pay disparity and concerns about no work-life balance). It's a violation of labor laws to make someone work off the clock. If they tell you "take it or leave it," then you have a choice to make but I'd ask the questions/bring up the concerns and see what they say. If there's a part that says you've discussed it with an attorney, you could even say "my attorney pointed this out to me and I have questions."