Forward Industries, Inc. (NASDAQ:FORD) Files An 8-K Entry into a Material Definitive AgreementItem 1.01 Entry into a Material Definitive Agreement
On September 19, 2017, Forward Industries, Inc. (the “Company”) and Forward Industries (Asia-Pacific) Corporation (“Forward China”) agreed to extend that certain Buying Agency and Supply Agreement between the Company and Forward China dated September 9, 2015. In consideration of $70,000 and the re-commencement of the 4% Service Fee, Forward China agreed to extend the initial Term of the Agreement from September 8, 2018 to March 8, 2019.
Item 9.01 Financial Statements and Exhibits
|10.1||Forward China Extension Agreement dated September 19, 2017|
FORWARD INDUSTRIES INC ExhibitEX-10 2 exhibit10-1.htm Exhibit 10.1 Forward Industries,…To view the full exhibit click
About Forward Industries, Inc. (NASDAQ:FORD)
Forward Industries, Inc. designs and distributes carry and protective solutions, primarily for hand held electronic devices, including soft-sided carrying cases, bags, clips, hand straps, protective plates and other accessories. The Company operates in the design and distribution of carry and protective solutions, primarily for hand held electronic devices segment. Its original equipment manufacturer (OEM) products include carrying cases and other accessories for blood glucose monitoring kits and various other portable electronic and non-electronic products. Its carrying cases are designed to enable the devices to be stowed in a pocket, handbag, briefcase, or backpack, clipped to a belt or shoulder strap, or strapped to an arm. Its products include Diabetic products and Other products. The Company, through its subsidiaries, Forward US and Forward Switzerland, distributes and sells its products across the world.