Company: FWDI
Filing Date: 2025-06-10
Form Type: PRE 14A
Source: 0001683168-25-004370
Chunk: 88

Company: Forward Industries, Inc.
Filing Date: 2025-06-10
Form: PRE 14A
Chunk 88
---
 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.

| C-8 |

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, exercising rights of dissent with respect
to those shares, exercising or waiving any preemptive right with respect to those shares, entering into agreements with respect to those
shares in accordance with the laws of the State of Nevada, or giving proxies with respect to those shares.

Neither the Company nor any of its officers, directors,
employees, or agents shall be liable for regarding that person as the owner of those shares at that time for those purposes, regardless
of whether that person possesses a certificate for those shares and shall not be bound to recognize any equitable or other claim to or
interest in such share or shares on the part of any other person, whether or not it shall have express notice thereof, except as otherwise
provided by law.

Section 6.4. LOST, STOLEN, OR DESTROYED CERTIFICATES.
The Board of Directors may direct a new certificate or certificates to be issued in place of any certificate or certificates theretofore
issued by the Company alleged to have been lost, stolen, or destroyed upon the making of an affidavit of that fact by the owner of the
allegedly lost, stolen, or destroyed certificate. When authorizing the issue of a new certificate or certificates, the Board of Directors,