Company: FWDI
Filing Date: 2025-06-20
Form Type: DEF 14A
Source: 0001683168-25-004653
Chunk: 78

Company: Forward Industries, Inc.
Filing Date: 2025-06-20
Form: DEF 14A
Chunk 78
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 in the event that the merger of
the Terminating Corporation with and into the Surviving Corporation shall have been duly authorized in compliance with the laws of
the jurisdiction of organization of the Surviving Corporation, the Terminating Corporation and the Surviving Corporation hereby
stipulate that they will cause to be executed and filed and/or recorded any document or documents prescribed by the laws of the
State of New York and of the State of Nevada, and that they will cause to be performed all necessary acts therein and elsewhere to
effectuate the merger.

8.
The Board of Directors and the proper officers of the Terminating Corporation and of the Surviving Corporation, respectively, are
hereby authorized, empowered and directed to do any and all things, and to make, execute, deliver, file, and/or record any and all
instruments, papers, and documents which shall be or become necessary, proper, or convenient to carry out or put into effect any of
the provisions of this Agreement and Plan of Merger or of the merger herein provided for.

9.
The effective date in the State of New York of the merger herein provided for shall be the date of filing of the Certificate of
Merger.

<div align='center'>[Signature Page Follows]</div>

| A-1 |

IN WITNESS WHEREOF, each of the constituent corporations are executing
this Agreement and Plan of Merger as of the ___ day of June, 2025.

FORWARD INDUSTRIES, INC., a New York Corporation

By: _________________

Name: _______________

Title:

FORWARD INDUSTRIES, INC., a Nevada Corporation

By: _________________

Name: _______________

Title:

| A-2 |

Annex B

<div align='center'>ARTICLES OF INCORPORATION

OF

FORWARD INDUSTRIES, INC.</div>

Pursuant to the provisions
of Section 78.035 of the Nevada Revised Statutes, the undersigned corporation adopts the following Articles of Incorporation as of the
date hereof:

<div align='center'>ARTICLE I

NAME</div>

The name of the corporation
is Forward Industries, Inc. (the “Corporation”).

<div align='center'>ARTICLE II

REGISTERED OFFICE</div>

The registered office of
the Corporation shall be [__]. The resident agent of the Corporation shall be [__]. The Corporation may, from time to time, in the manner
provided by law, change the resident agent and