; (II) a description in detail of the conservation practices for the covered species that the person shall undertake; (III) a description of the land or water to which the agreement applies; (IV) a schedule of approximate deadlines, whether one-time or periodic, for undertaking the conservation practices described pursuant to subclause (II); and (V) a description of existing or future activities on the land or water to which the agreement applies that are compatible with the conservation practices described pursuant to subclause (II) and generally with conservation of the covered species; (iii) shall specify the term of the agreement; and (iv) shall include— (I) the duties of the person; (II) the duties of the Secretary; (III) the terms and conditions under which the person and the Secretary mutually agree the agreement may be modified or terminated; (IV) acts or omissions by the person or the Secretary that shall be considered violations of the agreement, and procedures under which notice of and an opportunity to remedy any violation by the person or the Secretary shall be given