definiens: shall mean, for any calendar quarter, including the first calendar quarter hereof which shall end on March 31, 2006, twenty - five percent ( 25 % ) of the Guaranteed Minimum Payment for the applicable calendar year, as follows : 2006 US$ 437,500 US$ 51O,416.66 2007 US$ 437,500 US$ 510,416.66 2008 US$ 875,000 US$ I,020,833.33 2009 US$ 875,000 US$ I,020,833.33 2010 US$ 1,500,000 US$ I,750,000 2011 US$ I,500,000 US$ I,750,000 2012 US$ 1,500,000 US$ 1,750,000 2 2013 US$ I,500,000 US$ 1,750,000 2014 US$ 1,750,000 US$ 2,041,666.67 2015 US$ I,750,000 US$ 2,041,666.67 2016 US$ I,750,000 US$ 2,041,666.67 2017 US$ I,750,000 US$ 2,041,666.67 Thereafter US$ O US$ O shall mean amounts of Gross Payments as received from time to time in the Lockbox Account