QuoteHaving any changes they make submitted back to your own version may sound attractive, but in practice there's a reasonable chance they'll just reject the proposal entirely in case they make changes they don't want to share.
If the alternative you're offering is no source code access at all, I think they would have no cause to complain about your offer to allow them to operate independently from you. If they are planning on using the game as an advertisement arm (which is the impression I'm getting), I'm sure they would love that arrangement; it would mean they can give away the game to whomever they want, however they want, without worrying about breaching license terms. And if they can just pay you in full up-front for your work, then there you go, you've made your profit and now you can move along trying to make even more by making an improved version of the game. I think it's a win-win solution for everyone involved.