Company: FWDI
Filing Date: 2025-06-20
Form Type: DEF 14A
Source: 0001683168-25-004653
Chunk: 80

Company: Forward Industries, Inc.
Filing Date: 2025-06-20
Form: DEF 14A
Chunk 80
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 any liquidation preference of any shares of Preferred Stock. A merger, conversion,
exchange or consolidation of the Corporation with or into any other person or sale or transfer of all or any part of the assets of the
Corporation (which shall not in fact result in the liquidation of the Corporation and the distribution of assets to stockholders) shall
not be deemed to be a voluntary or involuntary liquidation, dissolution or winding up of the affairs of the Corporation.

(d) No Conversion, Redemption, or Preemptive Rights.The holders of Common Stock shall not have any conversion, redemption, or preemptive rights.

(e) Consideration for Shares.The Common Stock authorized by this Article shall be issued for such consideration as shall be fixed, from time to time, by the board
of directors.

Section 3. Preferred Stock(a) Designation.The board of directors is hereby vested with the authority from time to time to provide by resolution for
the issuance of shares of Preferred Stock in one or more series not exceeding the aggregate number of shares of Preferred Stock authorized
by these Articles, and to prescribe with respect to each such series the voting powers, if any, designations, preferences, and relative,
participating, optional, or other special rights, and the qualifications, limitations, or restrictions relating thereto, including, without
limiting the generality of the foregoing: the voting rights relating to the shares of Preferred Stock of any series (which voting rights,
if any, may be full or limited, may vary over time, and may be applicable generally or only upon any stated fact or event); the rate of
dividends (which may be cumulative or noncumulative), the condition or time for payment of dividends and the preference or relation of
such dividends to dividends payable on any other class or series of capital stock; the rights of holders of Preferred Stock of any series
in the event of liquidation, dissolution, or winding up of the affairs of the Corporation; the rights, if any, of holders of Preferred
Stock of any series to convert or exchange such shares of Preferred Stock of such series for shares of any other class or series of capital
stock or for any other securities, property, or assets of the Corporation or any subsidiary (including the determination of the price
or prices or the rate or rates applicable to such rights to convert or exchange and the adjustment thereof, the time or times during which
the right to convert or exchange shall be applicable, and the time or times during which a particular price or