; and (ii) continue to maximize the benefit of the Federal investment under the program. (E) Bidding down If the Secretary determines that 2 or more applications for cost-share assistance are comparable in achieving the purpose of the program, the Secretary shall not assign a higher priority to any of those applications solely on the basis of lesser cost to the program. (4) Agreements with eligible entities (A) In general The Secretary shall enter into agreements with eligible entities to stipulate the terms and conditions under which the eligible entity is permitted to use cost-share assistance provided under this section. (B) Length of agreements (i) In general An agreement under subparagraph (A) shall be for a term that is— (I) in the case of an eligible entity certified under paragraph (5), not less than 5 years; and (II) in the case of any other eligible entity, not less than 3, but not more than 5, years, unless the Secretary determines that an extension of time is justified. (ii) Expediting closings The Secretary is encouraged to expedite closing on forest land easements, as practicable. (C) Minimum terms and conditions An eligible entity shall be authorized to use its own terms and conditions for forest land easements so long as the Secretary determines such terms and conditions— (i) are consistent with— (I) the purposes of the program; and (II) the forestry activities to be conducted on the eligible land; (ii) permit effective enforcement of the conservation purposes of the forest land easements; and (iii) include a right of enforcement for the Secretary that— (I) may be used only if the terms and conditions of the forest land easement are not enforced by the eligible entity; and (II) does not extend to a right of inspection unless— (aa) (AA) the holder of the forest land easement fails to provide monitoring reports in a timely manner; or (BB) the Secretary has a reasonable and articulable belief that the terms and conditions of the forest land easement have been violated