THIS REVISED EXHIBIT A, dated as of [ ] is the Revised Exhibit A ------------ to the Amended and Restated Administration Agreement dated February 1, 2003 between PFPC Inc. and Forward Funds, Inc. (the "Fund"). The following is the list of the Fund's...

                                                                 Ex-99.(h)(2)(c)

                                     FORM OF

                                REVISED EXHIBIT A

     THIS REVISED EXHIBIT A, dated as of [            ] is the Revised Exhibit A
                                          ------------
to the Amended and Restated Administration Agreement dated February 1, 2003
between PFPC Inc. and Forward Funds, Inc. (the "Fund"). The following is the
list of the Fund's Portfolios that are subject to the Agreement:

                                   PORTFOLIOS

                      Forward ▇▇▇▇▇▇ Small Cap Equity Fund

                          Forward ▇▇▇▇▇▇ Mini-Cap Fund

                   Forward Uniplan Real Estate Investment Fund

                  Forward ▇▇▇▇▇▇▇▇▇▇ International Growth Fund

                   Forward International Small Companies Fund

                      Forward Global Emerging Markets Fund

                             Sierra Club Stock Fund

                            Sierra Club Balanced Fund

                                         PFPC INC.


                                         By:
                                             -----------------------------------
                                         Title:
                                                --------------------------------


                                         FORWARD FUNDS, INC.


                                         By:
                                             -----------------------------------
                                         Title:
                                                --------------------------------