Download a free equipment rental agreement template, and view sample lease and leasetoown agreements for construction equipment. An equipment lease agreement is a legal contract where the owner allows another party (lessee) to use equipment in exchange for payment.You can use this document to outline the terms and conditions of an equipment rental. Description: This example of an agreement between a developer and a lease- purchaser is intended to illustrate how NSP grantees, subrecipients. Download our free Computer Lease Agreement template for your business needs. Craft a completely legal contract with our contract agreement sample templates.