FORWARD FUNDS INVESTMENT SUB-ADVISORY AGREEMENT This INVESTMENT SUB-ADVISORY AGREEMENT (“Agreement”) effective as of January 2, 2008, is by and among Conestoga Capital Advisors, LLC, (the “Sub-Advisor”), Forward Funds (the “Trust”), on behalf of the...Investment Sub-Advisory Agreement • August 29th, 2008 • Forward Funds • California
WHEREAS, the Advisor has been retained by the Trust to provide investment advisory services to the Fund with regard to the Fund’s investments, as further described in the Trust’s registration statement on Form N-1A (the “Registration Statement”) and pursuant to an Investment Management Agreement dated July 1, 2005 (“Investment Management Agreement”); and
FORWARD FUNDS AMENDED AND RESTATED INVESTMENT MANAGEMENT AGREEMENTInvestment Management Agreement • August 29th, 2008 • Forward Funds • California
AGREEMENT, effective as of May 1, 2005 and amended and restated as of January 8, 2008, between Forward Management, LLC (“Forward Management” or the “Investment Advisor”) and Forward Funds (the “Trust”) on behalf of the series of the Trust listed on Exhibit A (the “Funds”).
