Extension to Consultancy Agreement between Forward Industries, Inc. and Justwise Group Ltd.
Forward Industries, Inc. and Justwise Group Ltd. have agreed to extend their consultancy agreement, which originally expired on August 31, 2023. The updated agreement replaces James Berberian with Kathleen Weisberg and/or James Berberian as the contact, adds inventory management to the consultant's services, and continues the agreement on a month-to-month basis starting September 1, 2023. All other terms of the original agreement remain unchanged unless they conflict with these new terms.
Exhibit 10.4
 | Forward Industries, Inc. 700 Veterans Hwy, Suite 100 Hauppauge, NY 11788 www.forwardindustries.com |
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, 2023
Dear Mr Morgan:
Regarding the Consutancy Agreement (the “Agreement”) between FORD and Consultant effective September 1, 2022:
Whereas the Agreement expired on August 31, 2023;
Whereas FORD and the Consultant continued to perform their respective obligations under such Agreement;
Whereas FORD and the Consultant wish to extend the Agreement;
It is hereby agreed:
| 1. | Under Items 1 and 2 of the Agreement, James Berberian will be replaced by Kathleen Weisberg and/or James Berberian. | |
| 2. | The services provided by the Consultant shall also include inventory management. | |
| 3. | The term of the agreement will begin September 1, 2023 and continue on a month-to-month basis as needed. |
All other terms of the original Agreement that do not conflict with those set forth herein shall remain in full force and effect.
If you agree to the above terms and conditions, please acknowledge your acceptance by signing and returning the enclosed copy of this letter.
Yours sincerely
_________________________________
Kathleen Weisberg
Chief Financial Officer
for and on behalf of FORWARD INDUSTRIES, Inc.
700 Veterans Memorial Hwy, Suite 100, Hauppauge, NY 11788
________________________________________________________
I accept the above terms and conditions.
________________________________
Howard Morgan (Mr)
for and on behalf of Justwise Group Ltd.,
6, The Shires, Shire Hill, Saffron Walden CB11 3AP
Dated __________________________
