Forward Industries enters 6-month CEO agreement with Michael Pruitt at $30K/mo, sets FY2026 director comp

Forward Industries, Inc.

Employment agreement with interim CEO Michael Pruitt effective Sept 10, 2025, term 6 months, monthly salary $30,000.
Board approves FY2026 non-executive director compensation of $100,000 per year, quarterly payments of $25,000; Chairman Samani opts out.
Sangita Shah appointed Chairperson of Compensation Committee; Keith Johnson appointed Chairperson of Audit and Risk Committee.

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