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Default Locking formula but delete cell information

I need to be able to delete a number from a cell that ALSO has a formula or
function.
I searched but didn't find what I need. This is the drill...
1.) Example: =IF(B10=127,"$16.00","")
2.) Someone ACCIDENTLY enters XX into the cell
3.) UGHH. They hit delete
4.) =IF(B10=127,"$16.00","") goes BYE, BYE!!

How do I LOCK the formula, but have access to the SAME cell.
 
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