Company: FWDI
Filing Date: 2025-06-20
Form Type: DEF 14A
Source: 0001683168-25-004653
Chunk: 96

Company: Forward Industries, Inc.
Filing Date: 2025-06-20
Form: DEF 14A
Chunk 96
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 indemnification provided under this Article V shall
inure to the benefit of the heirs, executors, and administrators of an Indemnitee.

<div align='center'>ARTICLE VI: SHARE CERTIFICATES AND TRANSFER</div>

Section 6.1. CERTIFICATES REPRESENTING SHARES.
The shares of the Company shall be represented by certificates, provided that the Board of Directors may provide by resolution or resolutions
that some or all of any class or series of stock shall be uncertificated shares.

The Company shall, within a reasonable time after
the issuance of uncertificated shares or the transfer of any uncertificated shares on the books of the Corporation, send to the registered
owner of the shares a written notice containing the information required to be set forth or stated on certificates pursuant to the Nevada
Corporations Act. Within 10 days after receipt of a written request from a stockholder of record, the Company shall send the stockholder
of record a written statement confirming the information contained in information previously sent to the stockholder of record.

Shares represented by certificates shall be signed
by officers or agents designated by the Company for such purpose and shall state:

(a) The name of the Company
and that it is organized under the laws of Nevada.

(b) The name of the person
to whom the certificate is issued.

(c) The number of shares represented
by the certificate.

(d) Any restrictions on the
transfer of the shares, such statement to be conspicuous.

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Section 6.2. TRANSFERS OF SHARES. Shares
of the Company shall be transferable in the manner prescribed by law and in these Bylaws. Transfers of shares of the Company shall be
made on the books of the Company only by the holder of record thereof or by such person’s attorney lawfully constituted in writing
and, in the case of certificated shares, upon the surrender of the certificate thereof, which shall be cancelled before a new certificate
or uncertificated shares shall be issued. No transfer of shares shall be valid as against the Company for any purpose until it shall have
been entered in the stock records of the Company by an entry showing from and to whom transferred.

Section 6.3. REGISTERED STOCKHOLDERS. The
Corporation may treat the holder of record of any shares issued by the Company as the holder in fact thereof, for purposes of voting those
shares, receiving distributions thereon or notices in respect thereof, transferring those shares,