Hi Allen,
There's less than 24 hours left to submit proposals. If you want to do this, I suggest you get your proposal up before the deadline (March 21st). While I do not know the details of your employment contract with ASUS, I find it irrelevant for the purpose of you working on coreboot. Does it prevent you from submitting a proposal? Most likely not.
Come hang out with us on IRC (#coreboot @ freenode). You can brainstorm, discuss ideas with us, get a better idea of what you'll get to work on, etc... <hint> I cannot stress the importance of being in constant contact with the community </hint>.
Alex