Exhibit (h)(10)
FORM OF
AMENDMENT NO. 1
TO
EXPENSE LIMITATION AGREEMENT
FOR
THE XXXXXXXXXX U.S. EQUITY FUND
This Amendment dated as of _____, 2001, is entered into by Forward Funds, Inc.,
a Maryland corporation (the "Company"), on behalf of its series, The Xxxxxxxxxx
U.S. Equity Fund (the "Fund"), and Xxxxxxx Investment Management Co., LLC (the
"Adviser").
WHEREAS, the Company and the Adviser have entered into an Expense Limitation
Agreement dated as of January 27, 2001 (the "Agreement"); and
WHEREAS, the Company and the Adviser wish to amend the Agreement to change the
language found in Section 1 of the Agreement as described herein;
NOW, THEREFORE, the Company and the Adviser hereto, intending to be legally
bound hereby, hereby agree as follows:
I. That the provision of the Agreement which currently reads as follows:
"For a period of one year from the date of this Agreement, the
Adviser shall limit its fee so that the operating expenses of
the Fund shall be limited to an annual rate (as a percentage
of the Fund's average daily net assets) of 1.45% (exclusive of
any and all 12b-1 and shareholder servicing fees)."
is hereby deleted and replaced by the following provision:
"For a period of one year from the date of this Agreement, the
Adviser shall limit its fee so that the operating expenses of
the Fund shall be limited to an annual rate (as a percentage
of the Fund's average daily net assets) of 1.50%."
IN WITNESSETH WHEREOF, the Undersigned have executed this Amendment as of the
date and year first written above.
FORWARD FUNDS, INC. XXXXXXX INVESTMENT
on behalf of its series MANAGEMENT CO., LLC
The Xxxxxxxxxx U.S. Equity Fund
By: ______________________________ By: __________________________
Name: ______________________________ Name: __________________________
Title: ______________________________ Title: __________________________
FORM OF
AMENDMENT NO. 1
TO
EXPENSE LIMITATION AGREEMENT
FOR
THE XXXXXXXXXX INTERNATIONAL GROWTH FUND
This Amendment dated as of _________, 2001, is entered into by Forward Funds,
Inc., a Maryland corporation (the "Company"), on behalf of its series, The
Xxxxxxxxxx International Growth Fund (the "Fund"), and Xxxxxxx Investment
Management Co., LLC (the "Adviser").
WHEREAS, the Company and the Adviser have entered into an Expense Limitation
Agreement dated as of January 27, 2001 (the "Agreement"); and
WHEREAS, the Company and the Adviser wish to amend the Agreement to change the
language found in Section 1 of the Agreement as described herein;
NOW, THEREFORE, the Company and the Adviser hereto, intending to be legally
bound hereby, hereby agree as follows:
I. That the provision of the Agreement which currently reads as follows:
"For a period of one year from the date of this Agreement, the
Adviser shall limit its fee so that the operating expenses of
the Fund shall be limited to an annual rate (as a percentage
of the Fund's average daily net assets) of 1.65% (exclusive of
any and all 12b-1 and shareholder servicing fees)."
is hereby deleted and replaced by the following provision:
"For a period of one year from the date of this Agreement, the
Adviser shall limit its fee so that the operating expenses of
the Fund shall be limited to an annual rate (as a percentage
of the Fund's average daily net assets) of 1.70%."
IN WITNESSETH WHEREOF, the Undersigned have executed this Amendment as of the
date and year first written above.
FORWARD FUNDS, INC. XXXXXXX INVESTMENT
on behalf of its series MANAGEMENT CO., LLC
Xxxxxxxxxx International Growth Fund
By: ______________________________ By: ________________________
Name: ______________________________ Name: ________________________
Title: _____________________________ Title:________________________
Exhibit (h)(10)
AMENDMENT NO. 1
TO
EXPENSE LIMITATION AGREEMENT
FOR
THE XXXXXX SMALL CAP EQUITY FUND
This Amendment dated as of _________, 2001, is entered into by Forward Funds,
Inc., a Maryland corporation (the "Company"), on behalf of its series, The
Xxxxxx Small Cap Equity Fund (the "Fund"), and Xxxxxxx Investment Management
Co., LLC (the "Adviser").
WHEREAS, the Company and the Adviser have entered into an Expense Limitation
Agreement dated as of January 27, 2001 (the "Agreement"); and
WHEREAS, the Company and the Adviser wish to amend the Agreement to change the
language found in Section 1 of the Agreement as described herein;
NOW, THEREFORE, the Company and the Adviser hereto, intending to be legally
bound hereby, hereby agree as follows:
I. That the provision of the Agreement which currently reads as follows:
"For a period of one year from the date of this Agreement, the
Adviser shall limit its fee so that the operating expenses of
the Fund shall be limited to an annual rate (as a percentage
of the Fund's average daily net assets) of 1.50% (exclusive of
any and all 12b-1 and shareholder servicing fees)."
is hereby deleted and replaced by the following provision:
"For a period of one year from the date of this Agreement, the
Adviser shall limit its fee so that the operating expenses of
the Fund shall be limited to an annual rate (as a percentage
of the Fund's average daily net assets) of 1.65%."
IN WITNESSETH WHEREOF, the Undersigned have executed this Amendment as of the
date and year first written above.
FORWARD FUNDS, INC. XXXXXXX INVESTMENT
on behalf of its series MANAGEMENT CO., LLC
The Xxxxxx Small Cap Equity Fund
By: _______________________________ By: _________________________________
Name: ________________________________ Name: _____________________________
Title: _________________________________ Title: _____________________________
Exhibit (h)(10)
FORM OF
AMENDMENT NO. 1
TO
EXPENSE LIMITATION AGREEMENT
FOR
THE UNIPLAN REAL ESTATE INVESTMENT FUND
This Amendment dated as of ________, 2001, is entered into by Forward Funds,
Inc., a Maryland corporation (the "Company"), on behalf of its series, The
Uniplan Real Estate Investment Fund (the "Fund"), and Xxxxxxx Investment
Management Co., LLC (the "Adviser").
WHEREAS, the Company and the Adviser have entered into an Expense Limitation
Agreement dated as of January 27, 2001 (the "Agreement"); and
WHEREAS, the Company and the Adviser wish to amend the Agreement to change the
language found in Section 1 of the Agreement as described herein;
NOW, THEREFORE, the Company and the Adviser hereto, intending to be legally
bound hereby, hereby agree as follows:
I. That the provision of the Agreement which currently reads as follows:
"For a period of one year from the date of this Agreement, the
Adviser shall limit its fee so that the operating expenses of
the Fund shall be limited to an annual rate (as a percentage
of the Fund's average daily net assets) of 1.80% (exclusive of
any and all 12b-1 and shareholder servicing fees)."
is hereby deleted and replaced by the following provision:
"For a period of one year from the date of this Agreement, the
Adviser shall limit its fee so that the operating expenses of
the Fund shall be limited to an annual rate (as a percentage
of the Fund's average daily net assets) of 1.80%."
IN WITNESSETH WHEREOF, the Undersigned have executed this Amendment as of the
date and year first written above.
FORWARD FUNDS, INC. XXXXXXX INVESTMENT
on behalf of its series MANAGEMENT CO., LLC
The Uniplan Real Estate Investment Fund
By: _______________________________ By: __________________________
Name: _______________________________ Name: __________________________
Title: ______________________________ Title: __________________________
