0001193125-21-143705 Sample Contracts

EXPENSE LIMITATION AGREEMENT FOR SALIENT GLOBAL REAL ESTATE FUND
Expense Limitation Agreement • April 30th, 2021 • Forward Funds

THIS AGREEMENT, dated as of April 27, 2021, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of its series, Salient Global Real Estate Fund (the “Fund”), and Forward Management, LLC d/b/a Salient (the “Investment Advisor”).

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EXPENSE LIMITATION AGREEMENT FOR SALIENT SELECT INCOME FUND
Expense Limitation Agreement • April 30th, 2021 • Forward Funds

THIS AGREEMENT, dated as of April 27, 2021, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of its series, Salient Select Income Fund (the “Fund”), and Forward Management, LLC d/b/a Salient (the “Investment Advisor”).

Addendum to Investment Management Agreement Dated June 9, 2015 Between Forward Funds and Forward Management, LLC
Investment Management Agreement • April 30th, 2021 • Forward Funds

THIS ADDENDUM is made effective as of October 27, 2020, by and between Forward Management, LLC d/b/a Salient (“Forward Management”), and Forward Funds (the “Trust”).

Addendum to Distribution Agreement Dated June 9, 2015 Between Forward Funds and Forward Securities, LLC
Distribution Agreement • April 30th, 2021 • Forward Funds

THIS ADDENDUM is made effective as of October 27, 2020, by and between Forward Securities, LLC (“Forward Securities”), and Forward Funds (the “Trust”).

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