Common Contracts

Exhibit (h)(5)(l) Expense Limitation Agreement for the Sierra Club Stock Fund (Class A shares) EXPENSE LIMITATION AGREEMENT FOR SIERRA CLUB STOCK FUND (CLASS A SHARES)

Expense Limitation Agreement • July 16th, 2007 • Forward Funds

• Contract Type
  Expense Limitation Agreement
• Filed
  July 16th, 2007
• Company
  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”).

Exhibit (h)(5)(g) Expense Limitation Agreement for the Forward International Small Companies Fund (Class A shares) EXPENSE LIMITATION AGREEMENT FOR FORWARD INTERNATIONAL SMALL COMPANIES FUND (CLASS A SHARES)

Expense Limitation Agreement • July 16th, 2007 • Forward Funds

• Contract Type
  Expense Limitation Agreement
• Filed
  July 16th, 2007
• Company
  Forward Funds

THIS AGREEMENT, dated as of January 2, 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 International Small Companies Fund (the “Fund”), and Forward Management, LLC (the “Investment Advisor”).

Contract

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

• Contract Type
  Expense Limitation Agreement
• Filed
  April 30th, 2007
• Company
  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”).

Exhibit (h)(5)(f) Expense Limitation Agreement for Sierra Club Stock Fund (Class A Shares) EXPENSE LIMITATION AGREEMENT FOR SIERRA CLUB STOCK FUND (CLASS A SHARES)

Expense Limitation Agreement • February 15th, 2007 • Forward Funds

• Contract Type
  Expense Limitation Agreement
• Filed
  February 15th, 2007
• Company
  Forward Funds

THIS AGREEMENT, dated as of January 2, 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”).