Exhibit (e)(1)(b) Addendum to Distribution Agreement Dated June 9, 2015 Between Forward Funds and Forward Securities, LLC
Exhibit (e)(1)(b)
Addendum to Distribution Agreement
Dated June 9, 2015
Between
and
Forward Securities, LLC
THIS ADDENDUM is made as of May 1, 2016, by and between Forward Securities, LLC (“Forward Securities”), and Forward Funds (the “Fund” of the “Trust”).
WHEREAS, Forward Securities and the Trust have entered into a Distribution Agreement (the “Agreement”) dated June 9, 2015; and
WHEREAS, the Board of Trustees (the “Board”) of the Trust approved on September 22, 2015 the merger of the Forward Balanced Allocation Fund into the Salient Adaptive Income Fund (formerly known as the Forward Income Builder Fund); and the merger of the Forward Multi-Strategy Fund and Forward Growth & Income Fund into the Salient Adaptive Balanced Fund (formerly known as the Forward Growth Allocation Fund), effective January 22, 2016; and
WHEREAS, the Board approved on January 26, 2016 name changes to all of the series of the Trust (together, the “Funds”), effective May 1, 2016; and
WHEREAS, in light of the foregoing, the Trust and Forward Securities wish to modify Schedule A of the Agreement to reflect the new names of the Funds;
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 as of the date of the Addendum first set forth above.
Forward Securities, LLC | Forward Funds | |||||
By: | /s/ Xxxx X. Xxxxxxxx |
By: | /s/ Xxxxxx X. Naka | |||
Name: | Xxxx X. Xxxxxxxx | Name: | Xxxxxx X. Naka | |||
Title: | Secretary | Title: | Vice President |
Schedule A
To the Distribution Agreement
List of Portfolios
Dated as of May 1, 2016
Salient Adaptive Balanced Fund | ||||
Salient Adaptive Income Fund | ||||
Salient Adaptive US Equity Fund | ||||
Salient Commodity Long/Short Strategy Fund | ||||
Salient EM Corporate Debt Fund | ||||
Salient EM Dividend Signal Fund | ||||
Salient EM Infrastructure Fund | ||||
Salient Frontier Strategy Fund | ||||
Salient High Yield Fund | ||||
Salient International Dividend Signal Fund | ||||
Salient International Real Estate Fund | ||||
Salient International Small Cap Fund | ||||
Salient Investment Grade Fund | ||||
Salient Real Estate Fund | ||||
Salient Select Income Fund | ||||
Salient Select Opportunity Fund | ||||
Salient Tactical Growth Fund | ||||
Salient Tactical Muni Strategy Fund | ||||
Salient Tactical Real Estate Fund | ||||
Salient US Dividend Signal Fund |