Common Contracts

Exhibit (h)(5)(aa) Expense Limitation Agreement for the Forward Eastern Europe Equities Fund (Class A shares) EXPENSE LIMITATION AGREEMENT FOR FORWARD EASTERN EUROPE EQUITIES FUND (CLASS A SHARES)

Expense Limitation Agreement • April 29th, 2008 • Forward Funds

• Contract Type
  Expense Limitation Agreement
• Filed
  April 29th, 2008
• Company
  Forward Funds

THIS AGREEMENT, dated as of May 1, 2008, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of the Class A shares of its series, Forward Eastern Europe Equities Fund (the “Fund”), and Forward Management, LLC (the “Investment Advisor”).

Exhibit (h)(5)(c) Expense Limitation Agreement for the Forward International Equity Fund (Class A shares) EXPENSE LIMITATION AGREEMENT FOR FORWARD INTERNATIONAL EQUITY FUND (CLASS A SHARES)

Expense Limitation Agreement • April 29th, 2008 • Forward Funds

• Contract Type
  Expense Limitation Agreement
• Filed
  April 29th, 2008
• Company
  Forward Funds

THIS AGREEMENT, dated as of May 1, 2008, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of the Class A shares of its series, Forward International Equity Fund (the “Fund”), and Forward Management, LLC (the “Investment Advisor”).

Exhibit (h)(5)(ii) Expense Limitation Agreement for the Forward Long/Short Credit Analysis Fund (Class A shares) EXPENSE LIMITATION AGREEMENT FOR FORWARD LONG/SHORT CREDIT ANALYSIS FUND (CLASS A SHARES)

Expense Limitation Agreement • April 29th, 2008 • Forward Funds

• Contract Type
  Expense Limitation Agreement
• Filed
  April 29th, 2008
• Company
  Forward Funds

THIS AGREEMENT, dated as of May 1, 2008, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of the Class A shares of its series, Forward Long/Short Credit Analysis Fund (the “Fund”), and Forward Management, LLC (the “Investment Advisor”).

Exhibit (h)(5)(k) Expense Limitation Agreement for the Forward Legato Fund (Class A shares) EXPENSE LIMITATION AGREEMENT FOR FORWARD LEGATO FUND (CLASS A SHARES)

Expense Limitation Agreement • April 29th, 2008 • Forward Funds

• Contract Type
  Expense Limitation Agreement
• Filed
  April 29th, 2008
• Company
  Forward Funds

THIS AGREEMENT, dated as of May 1, 2008, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of the Class A shares of its series, Forward Legato Fund (the “Fund”), and Forward Management, LLC (the “Investment Advisor”).

Exhibit (h)(5)(g) Expense Limitation Agreement for the Forward Emerging Markets Fund (Class A shares) EXPENSE LIMITATION AGREEMENT FOR FORWARD EMERGING MARKETS FUND (CLASS A SHARES)

Expense Limitation Agreement • April 29th, 2008 • Forward Funds

• Contract Type
  Expense Limitation Agreement
• Filed
  April 29th, 2008
• Company
  Forward Funds

THIS AGREEMENT, dated as of May 1, 2008, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of the Class A shares of its series, Forward Emerging Markets Fund (the “Fund”), and Forward Management, LLC (the “Investment Advisor”).

Exhibit (h)(5)(w) Expense Limitation Agreement for the Forward Asia Ex-Japan Equities Fund (Class A shares) EXPENSE LIMITATION AGREEMENT FOR FORWARD ASIA EX-JAPAN EQUITIES FUND (CLASS A SHARES)

Expense Limitation Agreement • April 29th, 2008 • Forward Funds

• Contract Type
  Expense Limitation Agreement
• Filed
  April 29th, 2008
• Company
  Forward Funds

THIS AGREEMENT, dated as of May 1, 2008, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of the Class A shares of its series, Forward Asia Ex-Japan Equities Fund (the “Fund”), and Forward Management, LLC (the “Investment Advisor”).

Exhibit (h)(5)(o) Expense Limitation Agreement for the Forward Large Cap Equity Fund (Class A shares) EXPENSE LIMITATION AGREEMENT FOR FORWARD LARGE CAP EQUITY FUND (CLASS A SHARES)

Expense Limitation Agreement • April 29th, 2008 • Forward Funds

• Contract Type
  Expense Limitation Agreement
• Filed
  April 29th, 2008
• Company
  Forward Funds

THIS AGREEMENT, dated as of May 1, 2008, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of the Class A shares of its series, Forward Large Cap Equity Fund (the “Fund”), and Forward Management, LLC (the “Investment Advisor”).

Exhibit (h)(5)(ee) Expense Limitation Agreement for the Forward Mini-Cap Fund (Class A shares) EXPENSE LIMITATION AGREEMENT FOR FORWARD MINI-CAP FUND (CLASS A SHARES)

Expense Limitation Agreement • April 29th, 2008 • Forward Funds

• Contract Type
  Expense Limitation Agreement
• Filed
  April 29th, 2008
• Company
  Forward Funds

THIS AGREEMENT, dated as of May 1, 2008, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of the Class A shares of its series, Forward Mini-Cap Fund (the “Fund”), and Forward Management, LLC (the “Investment Advisor”).