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No matter what advice you get here. Read the agreement they send you carefully as that's the only source of truth as to what limitations and covenants you're agreeing to be bound by. Past experiences or even recent ones are helpful, but those agreements can go through internal revisions that change the process.
Oh... And update the thread on what you learn from your parsing of the agreement...
My gut says, you'll be a new 12 month lease and the "early out" is a flexible way for you to walk out of the lease. I'd be scrutinizing the residual and other details to be sure they aren't re-basing your residual to current market rates as that may erode profit options if you decide to buy it out and flip to to CarMax or the like.
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