Company: FWDI
Filing Date: 2025-06-10
Form Type: PRE 14A
Source: 0001683168-25-004370
Chunk: 85

Company: Forward Industries, Inc.
Filing Date: 2025-06-10
Form: PRE 14A
Chunk 85
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 by a majority of the directors, may establish one or more committees, each consisting of
one or more directors, to exercise the authority of the Board of Directors to the extent provided in the resolution establishing the committee
and allowed under the Nevada Corporations Act.

The designation of a committee of the Board of
Directors and the delegation thereto of authority shall not operate to relieve the Board of Directors, or any member thereof, of any responsibility
imposed by law.

| C-6 |

<div align='center'>ARTICLE IV: OFFICERS</div>

Section 4.1. POSITIONS AND ELECTION. The
officers of the Company shall be elected by the Board of Directors and shall be a President, a Secretary, a Treasurer, and any other officers,
including assistant officers and agents, as may be deemed necessary by the Board of Directors. Any two or more offices may be held by
the same person.

Officers shall be elected annually at a meeting
of the Board of Directors. Each officer shall serve until a successor is elected and qualified or until the earlier death, resignation,
disqualification, or removal of that officer. Vacancies or new offices shall be filled at the next regular or special meeting of the Board
of Directors. Election or appointment of an officer or agent shall not of itself create contract rights.

Section 4.2. REMOVAL AND RESIGNATION. Any
officer elected by the Board of Directors may be removed, with or without cause, at any regular or special meeting of the Board of Directors
by the affirmative vote of the majority of the directors in attendance where a quorum is present. Removal shall be without prejudice to
the contract rights, if any, of the officer so removed.

Any officer may resign at any time by delivering
written notice to the Secretary of the Corporation. Resignation is effective when the notice is delivered unless the notice provides a
later effective date. Any vacancies may be filled in accordance with Section 4.1 of these Bylaws.

Section 4.3. POWERS AND DUTIES OF OFFICERS.
The powers and duties of the officers of the Company shall be as provided from time to time by resolution of the Board of Directors or
by direction of an officer authorized by the Board of Directors to prescribe the duties of other officers. In the absence of such resolution,
the respective officers shall have the powers and shall discharge the duties customarily and usually held and performed by like officers
of corporations similar in organization and business