Company: FWDI
Filing Date: 2025-06-10
Form Type: PRE 14A
Source: 0001683168-25-004370
Chunk: 72

Company: Forward Industries, Inc.
Filing Date: 2025-06-10
Form: PRE 14A
Chunk 72
---
, 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 rate shall be applicable);
whether the shares of any series of Preferred Stock shall be subject to redemption by the Corporation and if subject to redemption, the
times, prices, rates, adjustments and other terms and conditions of such redemption. The powers, designations, preferences, limitations,
restrictions and relative rights may be made dependent upon any fact or event which may be ascertained outside the Articles or the resolution
if the manner in which the fact or event may operate on such series is stated in the Articles or resolution. As used in this section “fact
or event” includes, without limitation, the existence of a fact or occurrence of an event, including, without limitation, a determination
or action by a person, government, governmental agency or political subdivision of a government. The board of directors is further authorized
to increase or decrease (but not below the number of such shares of such series then outstanding) the number of shares of any series subsequent
to the issuance of shares of that series. Unless the board of directors provides to the contrary in the resolution which fixes the characteristics
of a series of Preferred Stock, neither the consent by series, or otherwise, of the holders of any outstanding Preferred Stock nor the
consent of the holders of