Company: FWDI
Filing Date: 2025-06-20
Form Type: DEF 14A
Source: 0001683168-25-004653
Chunk: 92

Company: Forward Industries, Inc.
Filing Date: 2025-06-20
Form: DEF 14A
Chunk 92
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 director’s predecessor in office and until that director’s successor is duly elected
and qualified.

| C-5 |

Section 3.7. REGULAR MEETINGS OF DIRECTORS.
Regular meetings of the Board of Directors may be held at such times and places, within or without the State of Nevada, as the Board of
Directors may determine.

Section 3.8. SPECIAL MEETINGS OF DIRECTORS.
Special meetings of the Board of Directors may be called by the entire Board of Directors, any two directors, or the Chief Executive Officer.

Section 3.9. PARTICIPATION BY ELECTRONIC COMMUNICATION.
Directors not physically present at a meeting of the Board of Directors may participate in the meeting by electronic communication, videoconference,
teleconference, or other available technology if the Company implements reasonable measures to:

(a) Verify the identity of
each director participating by electronic communication.

(b) Provide the directors
a reasonable opportunity to participate and vote, including an opportunity to communicate and read or hear the proceedings in a substantially
concurrent manner.

Directors participating by electronic communication
shall be considered present in person at the meeting.

Section 3.10. NOTICE OF DIRECTORS’ MEETINGS.
Regular meetings of the Board of Directors may be held without notice of the date, time, place, or purpose of the meeting. All special
meetings of the Board of Directors shall be held upon not less than one day’s written notice stating the purpose or purposes of
the meeting, the date, place, and time of the meeting, and the means of any electronic communication by which directors may participate
in the meeting. Notice may be given to each director personally, by mail, by electronic transmission, or by any other means of communication
authorized by such director.

A director entitled to notice of a meeting may
sign a written waiver of notice delivered to the Company either before or after the time of the meeting. A director’s participation
or attendance at a meeting shall constitute a waiver of notice, except where the director attends for the specific purpose of objecting
to the transaction of any business on the grounds that the meeting is not lawfully called or convened.

Section 3.11. QUORUM AND ACTION BY DIRECTORS.
A majority of the Board of Directors then in office shall constitute a quorum for the transaction of business. The directors at a meeting
for which a quorum is not present may adjourn the meeting until a time and place as may be determined by a vote of the