I am employed by a firm with whom I've signed an employment agreement and non-compete.
I also have an interest in helping develop software with an outside group. The software does not compete with my employer's services, and it wouldn't reduce the need for my employer's services. It is, however, applicable to the same industry as my employer's. The software group is a small startup, not an established company.
I'm considering approaching my employer to discuss this with them. I'd preferably like to "amend" my employment contract to specify that this project is OK, and even clarify some of the parameters around it for their protection. Is this a good idea? If so, what elements should be in the amendment?