Forward Industries amends agency agreement; reduces monthly fee to $35,000 and extends term to April 2025

Forward Industries, Inc.

Monthly service fee reduced from $65,833 to $35,000 through April 30, 2025.
Payment terms changed: now due 7 days after company collects from customers (was 60 days).
Agreement with Forward Industries (Asia-Pacific) extended to April 30, 2025; 30-day termination notice.
All other terms of the November 2023 Buying Agency and Supply Agreement remain unchanged.

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