; and (ii) the fair market value of the eligible land as encumbered by the permanent easement. (B) Other The Secretary shall pay the owner of eligible land enrolled under this section in a 30-year contract, a 30-year easement, or an easement for the maximum duration allowed under applicable State laws not less than 50 percent, and not more than 75 percent, of the compensation that would be paid for a permanent easement in accordance with subparagraph (A). (C) Determination of fair market value The Secretary shall determine the fair market value of eligible land for purposes of this paragraph using the Uniform Standards of Professional Appraisal Practice or another industry-approved method. (c) Easement restoration and management (1) Forest reserve easement plan (A) In general Land enrolled in a forest reserve easement shall be subject to a forest reserve easement plan, to be developed jointly by the landowner and the Secretary, that describes the activities to be carried out on the land, as are necessary to restore, maintain, and enhance habitat for species described in subsection (b)(2)(B), including— (i) converting or restoring forest land to improve forest ecosystem functions and values; (ii) enhancing or maintaining existing forest ecosystem functions and values; (iii) restoring marginal farmland or degraded forest land to improve forest ecosystem functions and values; (iv) the conservation treatments and forest management practices that will achieve the conservation values and goals that are consistent with the program, as determined by the Secretary; or (v) any combination of the activities described in clauses (i) through (iv). (B) Practices and measures A forest reserve easement plan developed under subparagraph (A) shall require such practices and measures as are necessary to accomplish the activities described in subparagraph (A), which may include— (i) land management and silviculture practices; (ii) vegetative treatments; (iii) structural practices and measures