AMENDMENT TO DISTRIBUTION AGREEMENT This Amendment dated as of ____________, 1998, is entered into by FORWARD FUNDS, INC. (the "Company") and FIRST DATA DISTRIBUTORS, INC. (the "Distributor"). WHEREAS, the Company and the Distributor have entered into...

                                  AMENDMENT TO
                             DISTRIBUTION AGREEMENT


         This  Amendment  dated as of  ____________,  1998,  is entered  into by
FORWARD  FUNDS,  INC. (the  "Company")  and FIRST DATA  DISTRIBUTORS,  INC. (the
"Distributor").

         WHEREAS,   the  Company  and  the  Distributor   have  entered  into  a
Distribution Agreement dated as of April 1, 1998 (the "Agreement"); and

         WHEREAS, the Company and the Distributor wish to amend the Agreement to
add new investment portfolios of the Company to Schedule A of the Agreement;

         NOW,  THEREFORE,  the parties  hereto,  intending  to be legally  bound
hereby, hereby agree as follows:

         I. Schedule A to the  Agreement is hereby  deleted in full and replaced
with the attached Schedule A.

         II. Except to the extent  amended  hereby,  the Agreement  shall remain
unchanged  and in full force and effect and is hereby  ratified and confirmed in
all respects as amended hereby.

         IN WITNESS WHEREOF,  the undersigned have executed this Amendment as of
the date and year first written above.

                                           FORWARD FUNDS, INC.



                                           By: __________________________


                                           FIRST DATA DISTRIBUTORS, INC.



                                           By: __________________________




                                   SCHEDULE A
                          to the Distribution Agreement
                       between the Forward Funds, Inc. and
                          First Data Distributors, Inc.


                                  Name of Funds

                                 The Global Fund
                              The Money Market Fund
                          The International Equity Fund
                                 The Equity Fund
                              The Global Bond Fund
                       The Small Capitalization Stock Fund