Company: FWDI
Filing Date: 2025-06-10
Form Type: PRE 14A
Source: 0001683168-25-004370
Chunk: 80

Company: Forward Industries, Inc.
Filing Date: 2025-06-10
Form: PRE 14A
Chunk 80
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 constitutes a quorum for the transaction of business at a meeting
of stockholders, except as otherwise required by the Articles of Incorporation, these Bylaws, or Chapter 78 of the Nevada Revised Statutes
(the “Nevada Corporations Act”).

If any class or series of shares is permitted
or required to vote separately on any action, the presence in person, by means of remote communication, or by proxy of 33.3% of the voting
power of such class or series constitutes a quorum for the transaction of business.

The holders of a majority of the voting power
represented in person, by means of remote communication, or by proxy at a meeting, even if less than a quorum, may adjourn or postpone
the meeting from time to time.

| C-3 |

Section 2.10. CONDUCT OF MEETINGS. The
Board of Directors, as it shall deem appropriate, may adopt by resolution rules and regulations for the conduct of meetings of the stockholders.
At every meeting of the stockholders, the Chief Executive Officer, or in the Chief Executive Officer’s absence or inability to act,
a director or officer designated by the Board of Directors, shall serve as chair of the meeting. The Secretary or, in the Secretary’s
absence or inability to act, the person whom the chair of the meeting shall appoint, shall act as secretary of the meeting and keep the
minutes thereof.

The chair of the meeting shall determine the order
of business and, in the absence of a rule adopted by the Board of Directors, shall establish rules for the conduct of the meeting. The
chair of the meeting shall announce the close of the polls for each matter voted upon at the meeting, after which no ballots, proxies,
votes, changes, or revocations will be accepted. Polls for all matters before the meeting will be deemed to be closed upon final adjournment
of the meeting.

Section 2.11. VOTING OF STOCK. Each outstanding
share of stock, regardless of class or series, shall be entitled to one vote on each matter submitted to a vote at a meeting of stockholders,
except as otherwise provided by these Bylaws and to the extent that the Articles of Incorporation or the certificate of designation establishing
the class or series of stock provides for more or less than one vote per share or limits or denies voting rights to the holders of the
shares of any class or series of stock.

Unless a different proportion is required by the
Articles of