I'm not sure I understand this language:

> I will promptly disclose In writing to the Company all discoveries, developments, designs, ideas ...yada yada... made, conceived, reduced to practice, or learned by me (either alone or jointly with others) during the term of the Independent Contractor Agreement between the Company and me and within 12 months thereafter....

Let's I work for you, then quit -- or you fire me. Eleven months later, I'm taking a shower, and have an idea related to your business. I am supposed to disclose that to you, and you own it. Do I understand that correctly?

Edit: I wasn't the person who downvoted you. I'm genuinely asking.