Forward Funds Sample Contracts

Forward FundsEXPENSE LIMITATION AGREEMENT FOR SALIENT GLOBAL REAL ESTATE FUND (April 29th, 2020)

THIS AGREEMENT, dated as of April 28, 2020, 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”).

Forward FundsEXPENSE LIMITATION AGREEMENT FOR SALIENT SELECT INCOME FUND (April 29th, 2020)

THIS AGREEMENT, dated as of April 28, 2020, 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”).

Forward FundsAMENDMENT NO. 1 (April 29th, 2020)

Except as amended hereby, all terms of the Existing Agreement remain in full force and effect. This Amendment includes the amendments in Schedule A and general terms in Schedule B hereto.

Forward FundsAMENDMENT NO. 1 (April 29th, 2020)

Except as amended hereby, all terms of the Existing Agreement remain in full force and effect. This Amendment includes the amendments in Schedule A and general terms in Schedule B hereto.

Forward FundsAMENDMENT NO. 1 (April 29th, 2020)

Except as amended hereby, all terms of the Existing Agreement remain in full force and effect. This Amendment includes the amendments in Schedule A and general terms in Schedule B hereto.

Forward FundsSALIENT MF TRUST FORWARD FUNDS TRANSFER AGENCY AND SERVICES AGREEMENT (April 30th, 2019)

THIS TRANSFER AGENCY AND SERVICES AGREEMENT (“Agreement”) is made as of July 20, 2018, by and among Salient MF Trust, a Delaware statutory trust with its principal office and place of business at 4265 San Felipe, Suite 800, Houston, Texas 77027 (“MF Trust”), Forward Funds, a Delaware statutory trust with its principal office and place of business at 345 California Street, Suite 1600, San Francisco, California 94104 (“Forward Funds”) (each of MF Trust and Forward Funds, a “Trust” and collectively, the “Trusts”), and ALPS Fund Services, Inc., a Colorado corporation with its principal place of business at 1290 Broadway, Suite 1100, Denver, Colorado 80203 (“ALPS”).

Forward FundsAddendum to Distribution Agreement Dated June 9, 2015 Between Forward Funds and Forward Securities, LLC (April 30th, 2019)

THIS ADDENDUM is made effective as of October 16, 2018, by and between Forward Securities, LLC (“Forward Securities”), and Forward Funds (the “Trust”).

Forward FundsEXPENSE LIMITATION AGREEMENT FOR SALIENT INTERNATIONAL SMALL CAP FUND (April 30th, 2019)

THIS AGREEMENT, dated as of April 17, 2019, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of its series, Salient International Small Cap Fund (the “Fund”), and Forward Management, LLC (the “Investment Advisor”).

Forward FundsEXPENSE LIMITATION AGREEMENT FOR SALIENT INTERNATIONAL REAL ESTATE FUND (April 30th, 2019)

THIS AGREEMENT, dated as of July 1, 2018, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of its series, Salient International Real Estate Fund (the “Fund”), and Forward Management, LLC d/b/a Salient (the “Investment Advisor”).

Forward FundsAddendum to Investment Management Agreement Dated June 9, 2015 Between Forward Funds and Forward Management, LLC (April 30th, 2019)

THIS ADDENDUM is made effective as of October 16, 2018, by and between Forward Management, LLC d/b/a Salient (“Forward Management”), and Forward Funds (the “Trust”).

Forward FundsAMENDED AND RESTATED AGREEMENT AND DECLARATION OF TRUST of FORWARD FUNDS, a Delaware Statutory Trust Effective June 9, 2005 As amended on July 31, 2018 (April 30th, 2019)

This Amended and Restated Agreement and Declaration of Trust of the Forward Funds (the “Trust”), dated as of June 9, 2005 and amended and restated as of July 31, 2018, 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.

Forward FundsFORWARD FUNDS INVESTMENT SUB-ADVISORY AGREEMENT (April 30th, 2019)

This INVESTMENT SUB-ADVISORY AGREEMENT (“Agreement”) effective as of August 22, 2018, is by and among Henry James International Management, Inc. (the “Sub-Advisor”), Forward Funds (the “Trust”), on behalf of the Salient International Small Cap Fund, a series of the Trust (the “Fund”), and Forward Management, LLC d/b/a Salient (the “Advisor”).

Forward FundsSALIENT MF TRUST FORWARD FUNDS ADMINISTRATION, BOOKKEEPING AND PRICING SERVICES AGREEMENT (April 30th, 2019)

THIS AGREEMENT is made as of December 1, 2018, by and among Salient MF Trust, a Delaware statutory trust with its principal office and place of business at 4265 San Felipe, Suite 800, Houston, Texas 77027 (“MF Trust”), Forward Funds, a Delaware statutory trust with its principal office and place of business at 345 California Street, Suite 1600, San Francisco, California 94104 (“Forward Funds”) (each of MF Trust and Forward Funds, a “Trust” and collectively, the “Trusts”), and ALPS Fund Services, Inc., a Colorado corporation with its principal place of business at 1290 Broadway, Suite 1100, Denver, Colorado 80203 (“ALPS”).

Forward FundsEXPENSE LIMITATION AGREEMENT FOR SALIENT SELECT INCOME FUND (April 30th, 2019)

THIS AGREEMENT, dated as of February 1, 2019, 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”).

Forward FundsEXPENSE LIMITATION AGREEMENT FOR SALIENT INTERNATIONAL REAL ESTATE FUND (April 30th, 2019)

THIS AGREEMENT, dated as of August 17, 2018, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of its series, Salient International Real Estate Fund (the “Fund”), and Forward Management, LLC d/b/a Salient (the “Investment Advisor”).

Forward FundsEXPENSE LIMITATION AGREEMENT FOR SALIENT SELECT INCOME FUND (April 30th, 2019)

THIS AGREEMENT, dated as of July 1, 2018, 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”).

Forward FundsEXPENSE LIMITATION AGREEMENT FOR SALIENT INTERNATIONAL REAL ESTATE FUND (August 17th, 2018)

THIS AGREEMENT, dated as of August 17, 2018, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of its series, Salient International Real Estate Fund (the “Fund”), and Forward Management, LLC d/b/a Salient (the “Investment Advisor”).

Forward FundsEXPENSE LIMITATION AGREEMENT FOR SALIENT INTERNATIONAL REAL ESTATE FUND (July 13th, 2018)

THIS AGREEMENT, dated as of July 1, 2018, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of its series, Salient International Real Estate Fund (the “Fund”), and Forward Management, LLC d/b/a Salient (the “Investment Advisor”).

Forward FundsEXPENSE LIMITATION AGREEMENT FOR SALIENT EM INFRASTRUCTURE FUND (April 30th, 2018)

THIS AGREEMENT, dated as of April 18, 2018, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of its series, Salient EM Infrastructure Fund (the “Fund”), and Forward Management, LLC (the “Investment Advisor”).

Forward FundsAMENDMENT TO AMENDED AND RESTATED FUND ACCOUNTING AND ADMINISTRATION AGREEMENT (FORWARD FUNDS) (April 30th, 2018)

THIS AMENDMENT is made as of October 17, 2017 by and among Forward Funds (the “Trust”), ALPS Fund Services, Inc. (“ALPS”) and Salient Select Opportunity (Cayman) Fund Ltd. (the “Select Opportunity Fund”).

Forward FundsEXPENSE LIMITATION AGREEMENT FOR SALIENT ADAPTIVE BALANCED FUND (April 30th, 2018)

THIS AGREEMENT, dated as of April 18, 2018, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of its series, Salient Adaptive Balanced Fund (the “Fund”), and Forward Management, LLC (the “Investment Advisor”).

Forward FundsEXPENSE LIMITATION AGREEMENT FOR SALIENT INTERNATIONAL SMALL CAP FUND (April 30th, 2018)

THIS AGREEMENT, dated as of August 1, 2017, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of its series, Salient International Small Cap Fund (the “Fund”), and Forward Management, LLC (the “Investment Advisor”).

Forward FundsAMENDED AND RESTATED AGREEMENT AND DECLARATION OF TRUST of FORWARD FUNDS, a Delaware Statutory Trust Effective June 9, 2005 As amended on January 23, 2018 (April 30th, 2018)

This Amended and Restated Agreement and Declaration of Trust of the Forward Funds (the “Trust”), dated as of June 9, 2005 and amended and restated as of January 23, 2018, 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.

Forward FundsEXPENSE LIMITATION AGREEMENT FOR SALIENT ADAPTIVE US EQUITY FUND (April 30th, 2018)

THIS AGREEMENT, dated as of April 18, 2018, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of its series, Salient Adaptive US Equity Fund (the “Fund”), and Forward Management, LLC (the “Investment Advisor”).

Forward FundsEXPENSE LIMITATION AGREEMENT FOR SALIENT INTERNATIONAL DIVIDEND SIGNAL FUND (April 30th, 2018)

THIS AGREEMENT, dated as of April 18, 2018, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of its series, Salient International Dividend Signal Fund (the “Fund”), and Forward Management, LLC (the “Investment Advisor”).

Forward FundsEXPENSE LIMITATION AGREEMENT FOR SALIENT SELECT OPPORTUNITY FUND (April 30th, 2018)

THIS AGREEMENT, dated as of April 18, 2018, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of its series, Salient Select Opportunity Fund (the “Fund”), and Forward Management, LLC (the “Investment Advisor”).

Forward FundsEXPENSE LIMITATION AGREEMENT FOR SALIENT US DIVIDEND SIGNAL FUND (April 30th, 2018)

THIS AGREEMENT, dated as of April 18, 2018, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of its series, Salient US Dividend Signal Fund (the “Fund”), and Forward Management, LLC (the “Investment Advisor”).

Forward FundsEXPENSE LIMITATION AGREEMENT FOR SALIENT TACTICAL MUNI & CREDIT FUND (April 30th, 2018)

THIS AGREEMENT, dated as of August 1, 2017, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of its series, Salient Tactical Muni & Credit Fund (the “Fund”), and Forward Management, LLC (the “Investment Advisor”).

Forward FundsEXPENSE LIMITATION AGREEMENT FOR SALIENT ADAPTIVE INCOME FUND (April 30th, 2018)

THIS AGREEMENT, dated as of April 18, 2018, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of its series, Salient Adaptive Income Fund (the “Fund”), and Forward Management, LLC (the “Investment Advisor”).

Forward FundsEXPENSE LIMITATION AGREEMENT FOR SALIENT SELECT OPPORTUNITY FUND (April 28th, 2017)

THIS AGREEMENT, dated as of April 27, 2017, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of its series, Salient Select Opportunity Fund (the “Fund”), and Forward Management, LLC (the “Investment Advisor”).

Forward FundsEXPENSE LIMITATION AGREEMENT FOR SALIENT ADAPTIVE US EQUITY FUND (April 28th, 2017)

THIS AGREEMENT, dated as of April 27, 2017, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of its series, Salient Adaptive US Equity Fund (the “Fund”), and Forward Management, LLC (the “Investment Advisor”).

Forward FundsExhibit (e)(1)(b) Addendum to Distribution Agreement Dated June 9, 2015 Between Forward Funds and Forward Securities, LLC (April 28th, 2017)

THIS ADDENDUM is made as of May 1, 2017, by and between Forward Securities, LLC (“Forward Securities”), and Forward Funds (the “Fund” or the “Trust”).

Forward FundsEXPENSE LIMITATION AGREEMENT FOR SALIENT EM INFRASTRUCTURE FUND (April 28th, 2017)

THIS AGREEMENT, dated as of April 27, 2017, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of its series, Salient EM Infrastructure Fund (the “Fund”), and Forward Management, LLC (the “Investment Advisor”).

Forward FundsExhibit (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 (April 28th, 2017)

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

Forward FundsEXPENSE LIMITATION AGREEMENT FOR SALIENT TACTICAL MUNI & CREDIT FUND (April 28th, 2017)

THIS AGREEMENT, dated as of April 27, 2017, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of its series, Salient Tactical Muni & Credit Fund (the “Fund”), and Forward Management, LLC (the “Investment Advisor”).