FORWARD FUNDS AMENDED AND RESTATED INVESTMENT SUB-ADVISORY AGREEMENTInvestment Sub-Advisory Agreement • August 31st, 2010 • Forward Funds • California
Contract Type FiledAugust 31st, 2010 Company JurisdictionThis AMENDED AND RESTATED INVESTMENT SUB-ADVISORY AGREEMENT (“Agreement”) effective as of September 1, 2008 and amended and restated as of March 31, 2010, is by and among First Western Capital Management Inc. (formerly named First Western Investment Management Inc.) (the “Sub-Advisor”), Forward Funds (the “Trust”), on behalf of the Accessor High Yield Bond Fund (subsequently renamed the Forward High Yield Bond Fund), a series of the Trust (the “Fund”), and Forward Management, LLC (the “Advisor”).