0001193125-10-265267 Sample Contracts

EXPENSE LIMITATION AGREEMENT FOR FORWARD FOCUS FUND
Expense Limitation Agreement • November 19th, 2010 • Forward Funds

THIS AGREEMENT, dated as of November 1, 2010, is made and entered into by and between Forward Funds, a Delaware statutory trust (the “Trust”), on behalf of its series, Forward Focus Fund (the “Fund”), and Forward Management, LLC (the “Investment Advisor”).

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