Company: FWDI
Filing Date: 2025-06-10
Form Type: PRE 14A
Source: 0001683168-25-004370
Chunk: 75

Company: Forward Industries, Inc.
Filing Date: 2025-06-10
Form: PRE 14A
Chunk 75
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 adversely affect any limitation on the liability of a director or officer of the Corporation existing as of the time of such
repeal or modification. In the event of any conflict between Sections 3 or 4 above and any other Article of the Articles, the terms and
provisions of Sections 3 or 4 above shall control.

| B-3 |

<div align='center'>ARTICLE V

COMBINATIONS WITH INTERESTED STOCKHOLDERS</div>

At such time, if any, as the Corporation becomes
a “resident domestic corporation,” as that term is defined in NRS 78.427, the Corporation shall not be subject to, or governed
by, any of the provisions in NRS 78.411 to 78.444, inclusive, as may be amended from time to time, or any successor statute.

<div align='center'>ARTICLE VI

BYLAWS</div>

The board of directors is expressly granted the
exclusive power to make, amend, alter, or repeal the bylaws of the Corporation pursuant to NRS 78.120.

The undersigned, Chief Financial
Officer, has been authorized to execute the foregoing certificate by resolution of the Board of Directors, adopted unanimously by a written
consent in lieu of meeting dated [__], 2025, and the foregoing certificate sets forth the text of the Articles of Incorporation as amended
and restated to the date of the certificate.

Date: [__], 2025.

| /s/ Kathleen Weisberg   |
| Kathleen Weisberg       |
| Chief Financial Officer |

| B-4 |

Annex C

<div align='center'>BYLAWS

OF

FORWARD INDUSTRIES, INC.

ARTICLE I: OFFICES</div>

Section 1.1. REGISTERED AGENT AND OFFICE.
The registered agent of Forward Industries, Inc. (the “Corporation”) shall be as set forth in the Corporation’s
articles of incorporation, as amended or restated (the “Articles of Incorporation”) and the registered office
of the Company shall be the street office of that agent. The board of directors of the Company (the “Board of Directors”)
may at any time change the Corporation’s registered agent or office by making the appropriate filing with the Nevada Secretary of
State.

Section 1.2. PRINCIPAL OFFICE. The principal
office of the Company shall be at such place within or without the State of Nevada as shall