0001193125-07-095907 Sample Contracts

Exhibit (h)(5)(a) Expense Limitation Agreement for Forward International Equity Fund (Investor Class shares) EXPENSE LIMITATION AGREEMENT FOR FORWARD INTERNATIONAL EQUITY FUND (INVESTOR CLASS SHARES)
Expense Limitation Agreement • April 30th, 2007 • Forward Funds

THIS AGREEMENT, dated as of May 1, 2007, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of the Investor Class shares of its series, Forward International Equity Fund (the “Fund”), and Forward Management, LLC (the “Investment Advisor”).

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Exhibit (h)(5)(h) Expense Limitation Agreement for Sierra Club Stock Fund (Institutional Class shares) EXPENSE LIMITATION AGREEMENT FOR SIERRA CLUB STOCK FUND (INSTITUTIONAL CLASS SHARES)
Expense Limitation Agreement • April 30th, 2007 • Forward Funds

THIS AGREEMENT, dated as of May 1, 2007, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of the Institutional Class shares of its series, Sierra Club Stock Fund (the “Fund”), and Forward Management, LLC (the “Investment Advisor”).

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Contract
Expense Limitation Agreement • April 30th, 2007 • Forward Funds

THIS AGREEMENT, dated as of May 1, 2007, 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, Sierra Club Stock Fund (the “Fund”), and Forward Management, LLC (the “Investment Advisor”).

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Exhibit (h)(5)(l)(4) Expense Limitation Agreement for Forward Emerald Opportunities Fund (Class A shares) EXPENSE LIMITATION AGREEMENT FOR FORWARD EMERALD OPPORTUNITIES FUND (CLASS A SHARES)
Agreement • April 30th, 2007 • Forward Funds

THIS AGREEMENT, dated as of July 1, 2007, 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 Emerald Opportunities Fund (the “Fund”), and Forward Management, LLC (the “Investment Advisor”).

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Exhibit (h)(5)(l)(5) Expense Limitation Agreement for Forward Emerald Opportunities Fund (Class C shares) EXPENSE LIMITATION AGREEMENT FOR FORWARD EMERALD OPPORTUNITIES FUND (CLASS C SHARES)
Agreement • April 30th, 2007 • Forward Funds

THIS AGREEMENT, dated as of July 1, 2007, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of the Class C shares of its series, Forward Emerald Opportunities Fund (the “Fund”), and Forward Management, LLC (the “Investment Advisor”).

Sample 1
Exhibit (a) Amended and Restated Agreement and Declaration of Trust AMENDED AND RESTATED AGREEMENT AND DECLARATION OF TRUST of FORWARD FUNDS, a Delaware Statutory Trust Effective June 9, 2005 As amended on March 8, 2007
Forward Funds • April 30th, 2007 • Delaware

This Amended and Restated Agreement and Declaration of Trust of the Forward Funds (the “Trust”), dated as of June 9, 2005, is made among the individuals listed on the signatory page attached hereto (hereinafter referred to as Trustees) and each person who becomes a Shareholder in accordance with the terms hereinafter set forth.

Sample 1
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