0001193125-04-074220 Sample Contracts

EXPENSE LIMITATION AGREEMENT FOR FORWARD UNIPLAN REAL ESTATE INVESTMENT FUND
Expense Limitation Agreement • April 29th, 2004 • Forward Funds Inc
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EXPENSE LIMITATION AGREEMENT FOR THE FORWARD HOOVER MINI-CAP FUND (INVESTOR CLASS SHARES)
Expense Limitation Agreement • April 29th, 2004 • Forward Funds Inc
EXPENSE LIMITATION AGREEMENT FOR THE SIERRA CLUB STOCK FUND
Expense Limitation Agreement • April 29th, 2004 • Forward Funds Inc
Exhibit (h)(2)(b) REVISED EXHIBIT A -----------------
Forward Funds Inc • April 29th, 2004

THIS REVISED EXHIBIT A, dated as of December 23. 2003 is the Revised Exhibit A to the Amended and Restated Administration Agreement dated February 1, 2003 between PFPC Inc. and Forward Funds, Inc. (the "Fund"). The following is the list of the Fund's Portfolios that are subject to the Agreement:

EXPENSE LIMITATION AGREEMENT FOR THE SIERRA CLUB BALANCED FUND
Expense Limitation Agreement • April 29th, 2004 • Forward Funds Inc
EXPENSE LIMITATION AGREEMENT FOR FORWARD INTERNATIONAL SMALL COMPANIES FUND (INSTITUTIONAL CLASS SHARES)
Expense Limitation Agreement • April 29th, 2004 • Forward Funds Inc
EXPENSE LIMITATION AGREEMENT FOR THE FORWARD HOOVER SMALL CAP EQUITY FUND (INSTITUTIONAL CLASS SHARES)
Expense Limitation Agreement • April 29th, 2004 • Forward Funds Inc
EXPENSE LIMITATION AGREEMENT FOR THE SIERRA CLUB STOCK FUND
Expense Limitation Agreement • April 29th, 2004 • Forward Funds Inc
EXPENSE LIMITATION AGREEMENT FOR THE FORWARD HOOVER MINI-CAP FUND (INSTITUTIONAL CLASS SHARES)
Expense Limitation Agreement • April 29th, 2004 • Forward Funds Inc
EXPENSE LIMITATION AGREEMENT FOR FORWARD INTERNATIONAL SMALL COMPANIES FUND (INVESTOR CLASS SHARES)
Expense Limitation Agreement • April 29th, 2004 • Forward Funds Inc
LIST OF PORTFOLIOS
Forward Funds Inc • April 29th, 2004

THIS REVISED EXHIBIT 1, dated as of December 23, 2003 is the Revised Exhibit 1 to the Transfer Agency and Services Agreement dated April 1, 1998, as amended, between PFPC Inc. and Forward Funds, Inc. (the "Fund"). The following is the list of the Fund's Portfolios that are subject to the Agreement:

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