Locked Box Memo definition
Locked Box Memo means the document in the Agreed Form relating to, inter alia, the Members’ proportionate interests in the 2011 Estimated Profit, 2011 Initial Profit Distribution, the 2011 Initial Tax Retention and the 2011 Deferred Profit Distribution, Catch-up Drawings, Catch-up Salaries, Retention Awards and One-Off US Bonuses in 2011/12; Member means a Member of the Lexicon LLP as such term is defined in the Members’ Agreement;