EX-10.2
from 8-K
16 pages
Separation and Release of Claims Agreement (This “Agreement”) Dated May 16, 2025 (The “Execution Date”) by and Between Forward Industries, Inc., a New York Corporation (The “Employer”), on Behalf of Itself, Its Parents, Subsidiaries, and Other Corporate Affiliates, and Each of Their Respective Present and Former Employees, Officers, Directors, Owners, Shareholders, and Agents, Individually and in Their Official Capacities (Collectively Referred to as the “Employer Group”), and Terence Wise (The “Employee”), Residing at 34 Eaton Mews North, London Sw1x 8as, U.K. (The Employer and the Employee Are Collectively Referred to as the “Parties”). Whereas, Employee Is the Chief Executive Officer of Employer Pursuant to an Employment Agreement (“Employment Agreement”) Dated May 16, 2018; Whereas, Employee Is the Sole Owner and Chairman of the Board of Directors and the Chief Executive Officer of Forward Industries (Asia-Pacific) Corporation (“Buyer”);
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EX-10.2
from 8-K
2 pages
Re: Agreements Regarding Deferred Payments Under That Certain Buying Agency and Supply Agreement Made as of September 9, 2015 (The “Original Agreement”) by and Between Forward Industries, Inc., a New York Corporation (“Principal”) and Forward Industries (Asia-Pacific) Corporation, a Bvi Registered Corporation (“Agent”) and That Certain Proposed Successor Buying Agency and Supply Agreement by and Between Principal and Agent (The “New Agreement”), Which Is Being Executed Simultaneously and as Partial Consideration for This Agreement. Gentlemen/Ladies
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EX-10.11
from 10-K
3 pages
To: Justwise Group Ltd, 6, the Shires, Shire Hill, Saffron Walden Cb11 3ap. (“Consultant”) From: Forward Industries, Inc. (The “Holding Company” and Its Subsidiaries) (Referred to Herein as “FORD”) Date: September 1, 2022 Dear Mr Morgan: Consultancy Agreement This Letter Sets Out the Terms on Which You and Justwise, as of the Date Above Written, Have Been Engaged Jointly as a Consultant (The “Consultant”) for New Product Development Within Forward Industries and /or Its Subsidiaries or Associated Companies and Jv’s: 1. You Will Be Reporting Directly to James Berberian. 2. in Consideration of Your Services FORD Will Disburse a Fee of $10,000 Per Month Excluding Any Pre-Agreed Expense. These Services Shall Be Provided as Directed by Mr Berberian and as Outlined in the Attached Appendix, Subject, However, to Changes Which Shall Be Agreed to in Writing. 3. Fees and Expenses Will Become Due and Payable to Consultant on the First Business Day of Each Month and Shall Be Settled Promptly Within Five Business Days Thereafter. 4. This Agreement Is Effective as of the Date of This Letter for a Twelve-Month Period and May Be Extended for Such Period Thereafter Based on the Mutual Agreement of the Parties Hereto. 5. the Agreement Can Be Terminated by Either Party With Three Months’ Written Notice
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EX-10.1
from 10-Q
5 pages
Date: March 1, 2022 Dear Mr Morgan: Consultancy Agreement This Letter Sets Out the Terms on Which You and Justwise, as of the Date Above Written, Have Been Engaged Jointly as a Consultant (The “Consultant”) for New Product Development Within Forward Industries and /or Its Subsidiaries or Associated Companies and Jv’s: 1. You Will Be Reporting Directly to James Berberian. 2. in Consideration of Your Services FORD Will Disburse a Fee of $10,000 Per Month Excluding Any Pre-Agreed Expense. These Services Shall Be Provided as Directed by Mr Berberian and as Outlined in the Attached Appendix, Subject, However, to Changes Which Shall Be Agreed to in Writing. 3. Fees and Expenses Will Become Due and Payable to Consultant on the First Business Day of Each Month and Shall Be Settled Promptly Within Five Business Days Thereafter. 4. This Agreement Is Effective as of the Date of This Letter for a Six-Month Period and May Be Extended for Such Period Thereafter Based on the Mutual Agreement of the Parties Hereto. 5. the Agreement Can Be Terminated by Either Party With Three Months’ Written Notice
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