This file is indexed.

/usr/share/lxpanel/profile/Lubuntu-Nexus7/config is in lubuntu-extra-sessions 0.46.

This file is owned by root:root, with mode 0o644.

The actual contents of the file can be viewed below.

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[Command]
FileManager=pcmanfm %s
Terminal=lxterminal %s
Logout=lubuntu-logout