Enclosure No. 2H - Appendix TBD ANL-830-LTOV.pdf

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Attached to
Request for Proposal: ALCF Equinox AI System Federal contract opportunity
Solicitation number
6-B143-P-00251-00
Issued by
Department of Energy Office of Science

About this file

This document is a Lease to Ownership Order (LTO Order) template issued by Argonne National Laboratory, a Department of Energy facility operated by UChicago Argonne, LLC under Prime Contract No. DE-AC02-06CH11357.

The LTO Order establishes a lease-to-own arrangement between Argonne (Lessee) and a vendor/lessor for equipment necessary to support research and development operations at the laboratory. The lessor agrees to lease equipment identified in an attached Equipment List under a specified purchase order, with the lessee making periodic lease payments according to an attached Payment Schedule. The lease term begins upon full execution by both parties and continues through the duration of the Payment Schedule. The agreement incorporates terms and conditions from a Master Lease to Ownership Agreement referenced in the document. The lessee's first payment is not due prior to the Commencement Date. The document includes an optional purchase option provision that permits the lessee to purchase the equipment at any time after acceptance by paying a current Option Payment amount. Any modifications to the LTO Order must be made in writing and signed by both parties. The document serves as a template with placeholder fields for MLA Number, lessor name, purchase order number, and signature blocks for authorized representatives of both the lessor and lessee.

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Text version

ANL-830 – LTOV – (07/13/2025)

MLA Number: XXXXXX

LEASE TO OWNERSHIP ORDER XXXXXX

between

UChicago Argonne, LLC and

INTRODUCTION

This LEASE TO OWNERSHIP ORDER (LTO Order) is made and entered into by and between , (Lessor), and UChicago Argonne, LLC (Lessee), operating under DOE. Prime Contract No. DE-AC02-06CH11357 (“Prime Contract”) with the U.S.

Department of Energy (“Government” or “DOE.”) (“Prime Contract”), which is accessible at http://www.anl.gov/contract/. This Agreement is in furtherance of the Prime Contract for the management and operation of the Argonne National Laboratory (hereinafter called "Argonne"), owned by the Government, and the performance of certain research and development work.

AGREEMENT

WHEREAS, Lessee has determined that it is essential to acquire the Equipment from Lessor described herein in Equipment List under purchase order XXXX, which list is attached hereto, in order to perform work at Argonne; and

WHEREAS, the Lessor has agreed to “lease-to-own" the Equipment under this LTO Order to Lessee, which is placed pursuant to the terms and conditions of Master Lease to Ownership Agreement XXXXXX (“Master LTO Agreement”).

NOW, THEREFORE, the parties, in consideration of the exchange of mutual promises contained herein, agree as follows.

1. LEASE OF EQUIPMENT

The Lessor hereby leases to Lessee and Lessee hereby leases from the Lessor the equipment, hereinafter referred to collectively as “Equipment”, described in the Equipment list under purchase order XXXXXX, attached hereto. Lessee will evidence its acceptance of the Equipment as provided in the Equipment purchase order.

2. TERM

This LTO Order shall become effective upon the Lessor's signature acceptance of Lessee’s executed LTO Order. The term of this LTO Order shall begin on the date it is fully executed by the parties hereto and shall continue through the term of the Payment Schedule attached hereto.

http://www.anl.gov/contract/

ANL-830 – LTOV – (07/13/2025)

MLA Number: XXXXXX

3. PAYMENTS

In consideration of the promises and the agreements on the part of the Lessor herein, Lessee hereby agrees to pay to the Lessor lease payments for the Equipment on the dates and in the amounts set forth in the Payment Schedule; provided that, Lessee’s first payment shall not be required prior to the Commencement Date.

Lessee will make all payments at the address of the Lessor, as specified in the Master LTO Agreement, or at such other address as the Lessor may, from time to time, designate in writing.

The time of payments required by Lessee will be of the essence in this LTO Order.

4. [PURCHASE OPTION, if applicable] [Pursuant to the purchase option provision of the Master LTO Agreement, Lessee is hereby given the option to purchase the Equipment under this LTO Order at any time after acceptance of the Equipment by paying the current Option Payment.]

5. [OTHER AMENDMENTS/INSERTIONS AS APPLICABLE]

6. MODIFICATION

The Lessor and Lessee agree that any modifications or changes to this LTO Order must be in writing and must be signed by both parties.

7. ATTACHMENTS

The following documents are hereby incorporated as part of this LTO Order and are attached hereto.

Equipment List from purchase order XXXXXX Payment Schedule

IN WITNESS WHEREOF, the parties hereto have executed this LTO Order as of the date(s) shown below.

Lessor: Lessee:

BY: BY:

TITLE:

TITLE:

DATE: DATE:

1. LEASE OF EQUIPMENT
2. TERM
3. PAYMENTS
4. [PURCHASE OPTION, if applicable]
5. [OTHER AMENDMENTS/INSERTIONS AS APPLICABLE]
7. ATTACHMENTS

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