0001193125-14-058763 Sample Contracts

Exhibit (d)(7) FORWARD FUNDS INVESTMENT SUB-ADVISORY AGREEMENT
Investment Sub-Advisory Agreement • February 19th, 2014 • Forward Funds • California

This INVESTMENT SUB-ADVISORY AGREEMENT (“Agreement”), effective as of November 13, 2013 (the “Effective Date”), is by and among Pacific Investment Management Company LLC (the “Sub-Advisor” or “PIMCO”), Forward Funds (the “Trust”), on behalf of the Forward Credit Analysis Long/Short Fund (the “Fund”), a series of the Trust, and Forward Management, LLC (the “Advisor”) (individually, a “Party” and collectively, “the Parties”).

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Exhibit (h)(2)(b) Amendment to Amended and Restated Transfer Agency and Services Agreement Dated June 3, 2009 Between ALPS Fund Services, Inc. and Forward Funds
Transfer Agency and Services Agreement • February 19th, 2014 • Forward Funds

WHEREAS, ALPS and the Fund have entered into an Amended and Restated Transfer Agency and Services Agreement (the “Agreement”) dated June 3, 2009 and effective June 15, 2009;

Exhibit (e)(1)(b) Addendum to Distribution Agreement Dated April 15, 2012 Between Forward Securities, LLC and Forward Funds
Distribution Agreement • February 19th, 2014 • Forward Funds

THIS ADDENDUM is made as of December 23, 2013, by and between Forward Securities, LLC (“Forward Securities”), and Forward Funds (the “Fund”).

Exhibit (h)(3)(b) Amendment to Amended and Restated Transfer Agent Interactive Client Service Agreement Dated June 3, 2009 Between ALPS Fund Services, Inc. and Forward Funds
Transfer Agent Interactive Client Service Agreement • February 19th, 2014 • Forward Funds

WHEREAS, ALPS and the Fund have entered into an Amended and Restated Transfer Agent Interactive Client Service Agreement (the “Agreement”) dated June 3, 2009 and effective June 15, 2009;

Exhibit (h)(1)(b) Amendment to Amended and Restated Fund Accounting and Administration Agreement Dated April 12, 2010 Between ALPS Fund Services, Inc. and Forward Funds
Fund Accounting and Administration Agreement • February 19th, 2014 • Forward Funds

WHEREAS, ALPS and the Fund have entered into an Amended and Restated Fund Accounting and Administration Agreement (the “Agreement”) effective April 12, 2010;

Exhibit (d)(2)(c) THIRD AMENDMENT TO SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • February 19th, 2014 • Forward Funds • California

This third amendment (the “Third Amendment”) to the Sub-Advisory Agreement (the “Agreement”) dated as of July 1, 2005, as amended and restated as of December 1, 2007, as further amended as of January 2, 2009 and as of November 1, 2009, between Pictet Asset Management Ltd (the “Sub-Advisor”), Forward Funds (the “Trust”), on behalf of the Forward International Small Companies Fund, a series of the Trust (the “Fund”), and Forward Management, LLC (the “Advisor”), is entered into as of October 1, 2013 with reference to the following facts:

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