Addendum to Distribution Agreement Dated June 9, 2015 Between Forward Funds and Forward Securities, LLC
Exhibit (e)(1)(c)
Addendum to Distribution Agreement
Dated June 9, 2015
Between
and
Forward Securities, LLC
THIS ADDENDUM is made effective as of October 16, 2018, by and between Forward Securities, LLC (“Forward Securities”), and Forward Funds (the “Trust”).
WHEREAS, Forward Securities and the Trust have entered into a Distribution Agreement dated June 9, 2015, as amended (the “Agreement”); and
WHEREAS, the Board of Trustees (the “Board”) of the Trust approved on June 8, 2018 the liquidations of the Salient Adaptive Balanced Fund, Salient Adaptive Income Fund, Salient Adaptive US Equity Fund, Salient EM Infrastructure Fund, Salient International Dividend Signal Fund, Salient Real Estate Fund, Salient Select Opportunity Fund, and Salient US Dividend Signal Fund, and the reorganization of Salient Tactical Real Estate Fund and Salient International Real Estate Fund into Salient Global Real Estate Fund; and
WHEREAS, the Board approved on July 31, 2018 the liquidation of the Salient Tactical Muni & Credit Fund; and
WHEREAS, the Trust and Forward Securities wish to modify Schedule A of the Agreement to reflect the foregoing;
NOW, THEREFORE, the parties hereto, intending to be legally bound, agree as follows:
1. | Schedule A – List of Portfolios. Schedule A is replaced in its entirety with the attached Schedule A. |
2. | Remainder of the Agreement. All services under the Agreement shall continue until such services are no longer rendered. All other provisions of the Agreement shall remain unchanged. |
IN WITNESS WHEREOF, this Addendum has been executed by a duly authorized representative of each of the parties hereto on September 20, 2018, to be effective as of the date of the Addendum first set forth above.
Forward Securities, LLC | Forward Funds | |||||||
By: | /s/ Xxxx X. Xxxxxxxx |
By: | /s/ Xxxxxxx Xxxxxxxxxxx | |||||
Name: | Xxxx X. Xxxxxxxx | Name: | Xxxxxxx Xxxxxxxxxxx | |||||
Title: | Secretary | Title: | Secretary |
Schedule A
To the Distribution Agreement
List of Portfolios
Dated as of October 16, 2018
Salient Global Real Estate Fund
Salient International Small Cap Fund
Salient Select Income Fund
Salient Tactical Growth Fund