Operated by BitLease Technology · Issued by OWN Token Foundation
Document: OWN Access Plan Product Terms — The terms of the finance-free Lease-to-Own program for acquiring OWN.
Version: 1.0
Effective Date: 10 July 2026
These Product Terms govern the OWN Access Plan (the “Plan”), the continuous BitLease platform program through which eligible users acquire OWN, the BitLease Utility Token, on a finance-free Lease-to-Own basis. They apply in addition to, and form part of, the OWN Token Terms & Conditions (the “Token Terms”). Where these Product Terms and the Token Terms conflict on a plan-specific matter, these Product Terms govern; in all other respects the Token Terms and the order of precedence stated in them apply.
By enrolling in the Plan or acquiring OWN through it, you accept these Product Terms through the BitLease platform. The Plan is operated by BitLease Technology Ltd., a company incorporated in England and Wales (Company No. 17324619) (the “Platform Operator”), which enters into the Lease-to-Own arrangement with you. OWN is issued by the OWN Token Foundation (the “Issuer”).
Plan — the OWN Access Plan.
Lease-to-Own (LTO) — the installment-based arrangement under which you acquire OWN over time.
Installment — a scheduled payment under your Plan agreement.
Full Settlement — the point at which all installments and any applicable fees for a Plan agreement have been paid.
Right of Use — the platform-level entitlement to use Plan OWN in eligible utilities during the term, as described in Section 5.
Plan Balance — the amount of OWN recorded to your account under a Plan agreement.
Evergreen — the ring-fenced operational treasury that supplies and recycles OWN, defined in the Evergreen Framework.
Token Terms — the OWN Token Terms & Conditions.
Participation in the Plan is open to eligible members of the public and is subject to identity verification (KYC), anti-money laundering (AML), and sanctions screening, jurisdictional eligibility, and platform policy. The Plan is available only in eligible jurisdictions and is not offered where its offer or use would be unlawful or require an authorization that is not in place.
BitLease may refuse, suspend, limit, or reverse enrollment or any acquisition where required by these checks, applicable law, or platform policy. You must provide accurate information and keep it current, and you must satisfy any ongoing verification requested.
The Plan lets you acquire OWN gradually rather than in a single upfront payment:
Enroll. You complete eligibility and verification and enter a Plan agreement setting out the total OWN, the applicable rate, the installment schedule, and any fees.
Acquire over time. You pay scheduled installments over the term. The Plan is finance-free, meaning no interest or financing charge is applied to the installments; other charges (platform, network, or conversion) may apply and are disclosed separately.
Use as you go. During the term, you have the Right of Use over your Plan Balance in eligible utilities, as described in Section 5.
Complete. On Full Settlement, your Plan OWN is fully owned by you and held for you within the BitLease platform under the general custody and asset-holding policy.
The initial platform offering rate of $10 per OWN is a commercial distribution parameter for the initial distribution; it is not a peg, floor, guarantee, redemption value, or representation of secondary-market value, and the applicable rate for later Plan agreements may differ.
During the term, before Full Settlement, your Plan Balance is held within the BitLease platform, and your entitlement to it is the Right of Use. You may use your Plan Balance in eligible platform utilities such as fee rebates, VIP standing, and holder benefits, to the extent the applicable utility rules allow. Until Full Settlement, however, your Plan Balance is not transferable, withdrawable, tradable, pledgeable, or usable outside the platform.
Full ownership of Plan OWN passes to you on Full Settlement. Until then, your rights are contractual and platform-level as set out here and in the Token Terms.
Your Plan agreement sets out the installment amounts and schedule. If an installment is overdue, the platform may apply the standard late-handling process disclosed in your Plan agreement and platform policy. Consistent with the BitLease Lease-to-Own framework, a Plan agreement may be terminated for non-payment where overdue installments and any applicable charges reach the equivalent of two installments.
On termination for non-payment, the Right of Use ends, the undelivered OWN remains with Evergreen or the platform, and the treatment of amounts already paid is governed by your Plan agreement. Nothing in the Plan creates a debt owed by you; installments are contractual payments you choose to continue, not a borrowing obligation.
Any right to cancel, pause, or withdraw from a Plan agreement, and the treatment of amounts already paid, is as set out in your Plan agreement, the platform terms, and any mandatory consumer rights that apply in your jurisdiction. Where a cancellation or cooling-off right applies by law, it prevails.
BitLease may suspend or restrict Plan activity, or a Plan Balance, where reasonably necessary for fraud prevention, security, sanctions or AML compliance, legal or regulatory requirements, court or authority order, preservation of a dispute, or investigation of a breach, in line with the Token Terms. Disputes about a Plan Balance or installment record are handled through the platform's records and dispute process; the platform's reconciled records are the primary reference, without limiting your rights under applicable law.
Until Full Settlement, Plan OWN may not be transferred, withdrawn, sold, traded, pledged, or moved off the platform. After Full Settlement, OWN is subject to the ordinary transfer terms and restrictions in the Token Terms, which may include legal, sanctions, technical, or venue-based limits. The Plan does not create or guarantee any secondary market.
The OWN offered through the Plan is supplied primarily from the Evergreen treasury, which is designed to recycle OWN back into finance-free Lease-to-Own so that the Plan can remain continuously available. Evergreen supplies, acquires, and re-offers OWN under its treasury policy, and any market acquisition of OWN is undertaken only when approved under that policy and subject to reserves, liquidity, risk limits, and applicable law.
The Plan is designed for recurring availability, but availability is not guaranteed in every moment: it depends on Evergreen inventory, platform activity, eligibility, jurisdiction, and platform conditions. BitLease may modify, cap, pause, or close enrollment prospectively where required for legal, regulatory, risk, treasury, liquidity, or operational reasons. The Plan is not a price-support program, a guaranteed buyer, or a commitment to acquire or supply OWN at any particular price, time, or volume.
The Plan is finance-free: no interest or financing charge applies to installments. Other charges such as platform, network, or conversion fees may apply and are disclosed in your Plan agreement or platform schedule. You are solely responsible for any tax arising from your participation, acquisition, holding, use, or later disposal of OWN. BitLease gives no tax advice.
Your Plan agreement, installments, plan balance, and Right of Use are recorded on the BitLease platform and reconciled under the platform's records and controls. OWN held for you within the platform is kept under the general BitLease custody and asset-holding policy, which applies to platform-held assets generally and is not specific to the Plan.
The Plan relies on the platform, the Issuer, the Evergreen treasury, and service providers. Failure, interruption, insolvency, or default of any of them could affect the Plan, its availability, or a Plan Balance. Your rights in that event are as set out in your Plan agreement, the Token Terms, the custody policy, and applicable law.
Participation in the Plan carries the risks set out in the OWN Risk Disclosure, which you should read, including that OWN is a utility token and not an investment and gives no yield from holding; that its value can fall, possibly to zero; that there is no guaranteed price, liquidity, or market; that utilities and the Plan may be modified, suspended, or withdrawn prospectively; that Plan OWN is non-transferable until Full Settlement; and that the offering rate may change for later agreements.
BitLease may amend these Product Terms prospectively, with reasonable notice by an appropriate means, except where an immediate change is required for legal, regulatory, risk, security, or operational reasons. The version applicable to a Plan agreement is the version accepted when that agreement is entered. Changes will not reduce a benefit already irrevocably applied to a completed transaction.
The OWN Access Plan is a commercial platform program for acquiring a utility token over time. It is not a loan, credit facility, deposit, investment product, or securities offering, and it creates no expectation of profit. OWN is designed and intended for platform utility and is not offered as an investment; its legal or regulatory classification may vary by jurisdiction and may change, and nothing in these Product Terms limits the application of mandatory law. These Product Terms operate under, and are governed by the law and dispute-resolution provisions of the OWN Token Terms & Conditions.