hereunder.
6.4 Inventories of Cleaning Supplies and Paper Supplies for Custodial Services. Client shall purchase all cleaning and paper supplies for custodial services and shall own the inventory. Client and Sodexo shall jointly inventory all Expendable Equipment, if any, owned by Client and shall agree as to required inventory levels. Any inventories below agreed-upon levels shall be brought up to such levels at Client's expense. If at any time Sodexo is to provide additional Service(s), Client shall be responsible to increase, at Client's expense, inventories required for the additional Service(s). Client, at Client's expense, shall maintain the required inventory levels, providing replacements as needed.
6.5 Inventory of Small Equipment. Client shall provide and own initial inventory of Small Equipment. If at any time Sodexo is to provide additional Services, Client shall be responsible for increasing, without charge to Sodexo, inventories required for the additional Services. Client, at Client's expense, shall maintain required inventory levels, providing replacements as needed. Client shall own the inventories.
6.6 Vehicle. Client shall provide vehicle(s) for use in the Services. Client shall be responsible for the vehicle's gas, oil, maintenance, repair, and automobile liability insurance. Client agrees to indemnify Sodexo, to the extent permitted by Kentucky law, against all claims, liability, loss, and expenses which results from Sodexo's use of Client's vehicle(s). This provision shall survive termination of this Agreement.
ARTICLE VII FINANCIAL ARRANGEMENTS
7.1 Opening Expenses. Sodexo shall invoice Client for Sodexo's Opening Expenses, as incurred. Payment shall be due within thirty (30) day following the date of invoice. Client shall pay interest on any amount not paid when due at the rate of one percent (1%) per month, which is the highest interest rate allowed under Kentucky law. The Management Fee described under Section 7.3(C) shall not apply to any Opening Expenses.
7.2 Contract Price Structure. The Services provided under this Agreement shall be paid for by the Client under a "Cost Plus Percentage of Cost" arrangement, with Client reimbursing Operating Expenses incurred for the Services and paying a Management Fee. However, the total price of this Agreement for the first year shall not exceed Three Million Two Hundred Thousand Dollars (3,200,000.00) unless otherwise adjusted pursuant to Section 5.3 and 8.1.
7.3 Management Fee Arrangement. The following financial arrangements shall be in effect from the date of the Agreement's full approval:
Sodexo shall pay Operating Expenses in connection with the Services.
Operating Expenses shall be defined as all costs, Charges, and expenses incurred in connection with the Services, including, but not limited to, the following:
The invoiced amounts to Sodexo for any goods and services and other contracted services;