0001193125-20-126317 Sample Contracts

EXPENSE LIMITATION AGREEMENT FOR SALIENT GLOBAL REAL ESTATE FUND
Expense Limitation Agreement • April 29th, 2020 • Forward Funds

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”).

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EXPENSE LIMITATION AGREEMENT FOR SALIENT SELECT INCOME FUND
Expense Limitation Agreement • April 29th, 2020 • Forward Funds

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”).

AMENDMENT NO. 1
1 • April 29th, 2020 • Forward Funds

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.

AMENDMENT NO. 1
1 • April 29th, 2020 • Forward Funds

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.

AMENDMENT NO. 1
1 • April 29th, 2020 • Forward Funds

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.

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