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<title>Form 8-K</title>


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<p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
<font size="2">UNITED STATES</font></b></p>

<p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
<font size="2">SECURITIES AND EXCHANGE COMMISSION</font></b></p>

<p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
<font size="2">Washington, D.C. 20549</font></b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>

<p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
FORM
8-K</b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>

<p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
CURRENT REPORT</b></p>

<p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
<font size="2">Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934</font></b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>

<p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
<font size="2">Date of Report (Date of earliest event
reported):&nbsp;<a name=holder><b><u>March </u></b></a><b><u>16, 201</u></b></font><b><u><font size="2">5</font></u></b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:center'>&nbsp;</p>

<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%"
 style='width:100.0%;border-collapse:collapse'>
 <tr>
  <td width="80%" colspan=3 valign=bottom style='width:80.0%;border:none;
  border-bottom:solid black 1.0pt;padding:0in 0in 0in 0in'>
  <p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="5">Forward Industries, Inc.</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="80%" colspan=3 valign=bottom style='width:80.0%;padding:0in 0in 0in 0in'>
  <p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">(Exact name of registrant as specified in its
  charter)</font></p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign=bottom style='width:27.0%;padding:0in 0in 0in 0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
  </td>
  <td width="27%" valign=bottom style='width:27.0%;padding:0in 0in 0in 0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
  </td>
  <td width="27%" valign=bottom style='width:27.0%;padding:0in 0in 0in 0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign=bottom style='width:27.0%;border:none;border-bottom:
  solid black 1.0pt;padding:0in 0in 0in 0in'>
  <p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">New York</font></b></p>
  </td>
  <td width="27%" valign=bottom style='width:27.0%;border:none;border-bottom:
  solid black 1.0pt;padding:0in 0in 0in 0in'>
  <p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">000-6669</font></b></p>
  </td>
  <td width="27%" valign=bottom style='width:27.0%;border:none;border-bottom:
  solid black 1.0pt;padding:0in 0in 0in 0in'>
  <p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">13-1950672</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign=bottom style='width:27.0%;padding:0in 0in 0in 0in'>
  <p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">(State or other jurisdiction</font></p>
  <p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">of incorporation)</font></p>
  </td>
  <td width="27%" valign=bottom style='width:27.0%;padding:0in 0in 0in 0in'>
  <p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">(Commission</font></p>
  <p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">File Number)</font></p>
  </td>
  <td width="27%" valign=bottom style='width:27.0%;padding:0in 0in 0in 0in'>
  <p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">(IRS Employer</font></p>
  <p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Identification No.)</font></p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign=bottom style='width:27.0%;padding:0in 0in 0in 0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
  </td>
  <td width="27%" valign=bottom style='width:27.0%;padding:0in 0in 0in 0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
  </td>
  <td width="27%" valign=bottom style='width:27.0%;padding:0in 0in 0in 0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
  </td>
 </tr>
 <tr>
  <td width="53%" colspan=2 valign=bottom style='width:53.0%;border:none;
  border-bottom:solid black 1.0pt;padding:0in 0in 0in 0in'>
  <p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">477 Rosemary Ave.&nbsp;&nbsp;Ste. 219</font></b></p>
  <p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">West Palm Beach, FL</font></b></p>
  </td>
  <td width="27%" valign=bottom style='width:27.0%;border:none;border-bottom:
  solid black 1.0pt;padding:0in 0in 0in 0in'>
  <p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">33401</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="53%" colspan=2 valign=bottom style='width:53.0%;padding:0in 0in 0in 0in'>
  <p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">(Address of principal executive offices)</font></p>
  </td>
  <td width="27%" valign=bottom style='width:27.0%;padding:0in 0in 0in 0in'>
  <p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">(Zip Code)</font></p>
  </td>
 </tr>
</table>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>

<p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
<font size="2">Registrant&#146;s telephone number, including area code: </font> <b><u>
<font size="2">(561)
465-0030</font></u></b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:center'>&nbsp;</p>

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 style='width:100.0%;border-collapse:collapse'>
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  <td width="80%" valign=bottom style='width:80.0%;border:none;border-bottom:
  solid black 1.0pt;padding:0in 0in 0in 0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:center'>&nbsp;</p>
  </td>
 </tr>
 <tr>
  <td width="80%" valign=bottom style='width:80.0%;padding:0in 0in 0in 0in'>
  <p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">(Former name or former address, if changed since
  last report.)</font></p>
  </td>
 </tr>
</table>

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<p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif"; margin-left:0in; margin-right:0in; margin-top:0in'>
<font size="2">Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (<i>see</i> General Instruction A.2. below):</font></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>

<p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif"; margin-left:0in; margin-right:0in; margin-top:0in'>
<font size="2">&#9744; Written communications pursuant to Rule
425 under the Securities Act (17 CFR 230.425)</font></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>

<p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif"; margin-left:0in; margin-right:0in; margin-top:0in'>
<font size="2">&#9744; Soliciting material pursuant to Rule
14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>

<p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif"; margin-left:0in; margin-right:0in; margin-top:0in'>
<font size="2">&#9744; Pre-commencement communications pursuant
to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>

<p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif"; margin-left:0in; margin-right:0in; margin-top:0in'>
<font size="2">&#9744; Pre-commencement communications pursuant
to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>

<div style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:center'>

<hr size=2 width="100%" noshade style='color:gray' align=center>

</div>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:right'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'><b><font style="font-size: 10.0pt">Item 5.02. <a
name=a223577></a>Departure of Directors or Certain Officers; Election of
Directors, Appointment of Certain Officers, Compensatory Arrangements of
Certain Officers.</font></b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'><font style="font-size: 10.0pt">&nbsp;</font></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-indent:.5in'><font style="font-size: 10.0pt">On March
16, 2015, in connection with the appointment of Michael Luetkemeyer as Interim
Chief Executive Officer, the Company entered into an employment agreement with Mr.
Luetkemeyer (the &#147;Employment Agreement&#148;).</font></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'><font style="font-size: 10.0pt">&nbsp;</font></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-indent:.5in'><font style="font-size: 10.0pt">Under
the Employment Agreement, Mr. Luetkemeyer is employed as the Company&#146;s Interim Chief
Executive Officer, effective as of January 20, 2015, at an annual salary of $300,000.
The Employment Agreement shall remain in effect until June 30, 2015 (the &#147;Term&#148;),
unless earlier terminated or extended. Mr. Luetkemeyer has additionally agreed
to forego directors&#146; fees, stock grants or other compensation for his service
as a member of the Company&#146;s Board of Directors (the &#147;Board&#148;) for the duration
of the Term.</font></p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-indent:.5in'>&nbsp;</p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-indent:.5in'>&nbsp;</p>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:justify'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-indent:.5in'>&nbsp;</p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-indent:.5in'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'><font style="font-size: 10.0pt">&nbsp;</font></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-indent:.5in'><font style="font-size: 10.0pt">The
Employment Agreement may be terminated prior to the expiration of the Term by
either party upon 30 days&#146; written notice. In the event either party provides
such notice, Mr. Luetkemeyer would be entitled to receive payment of his annual
salary accrued up to and including the date of termination or resignation and
payment of any unreimbursed expenses, in accordance with the Company&#146;s business
reimbursement policy. At the election of the Board, the Employment Agreement
may be extended at any time for any such additional term as determined in the
Board&#146;s sole discretion.</font></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'><font style="font-size: 10.0pt">&nbsp;</font></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-indent:.5in'><font style="font-size: 10.0pt">The
Employment Agreement binds Mr. Luetkemeyer to customary confidentiality and
intellectual property covenants.&nbsp; </font></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'><font style="font-size: 10.0pt">&nbsp;</font></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-indent:.5in'><font style="font-size: 10.0pt">The
foregoing summary of the Employment Agreement between the Company and Mr.
Luetkemeyer does not purport to be complete and is subject to, and qualified in
its entirety by, the full text of the Employment Agreement, which is attached
hereto as Exhibit 10.1 and is incorporated by reference into this Current
Report on Form 8-K.</font></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'><font style="font-size: 10.0pt">&nbsp;</font></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'><b><font style="font-size: 10.0pt">Item 9.01. Financial
Statements and Exhibits.</font></b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'><b><font style="font-size: 10.0pt">&nbsp;</font></b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'><font style="font-size: 10.0pt">(d) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Exhibits</font></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'><b><font style="font-size: 10.0pt">&nbsp;</font></b></p>

<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width=631
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 <tr>
  <td width=91 valign=top style='width:.95in;padding:0in 5.4pt 0in 5.4pt'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";margin-top:11.55pt'><font style="font-size: 10.0pt">Exhibit
  10.1</font></p>
  </td>
  <td width=540 style='width:405.0pt;padding:0in 5.4pt 0in 5.4pt'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";margin-top:11.55pt'><font style="font-size: 10.0pt">Employment
  Agreement, effective as of January 20, 2015, by and between Forward
  Industries, Inc. and Michael Luetkemeyer.</font></p>
  </td>
 </tr>
</table>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'><b><font style="font-size: 10.0pt">&nbsp;</font></b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'><b><font style="font-size: 10.0pt">Forward Looking Statements</font></b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'><b><font style="font-size: 10.0pt">&nbsp;</font></b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-indent:.5in'><font style="font-size: 10.0pt">This
Current Report on Form 8-K contains certain &#147;forward-looking statements&#148; within
the meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended, that reflect
the Company&#146;s current expectations and projections about its future results,
performance, prospects and opportunities.&nbsp; The Company has tried to identify
these forward-looking statements by using words such as &#147;may,&#148; &#147;should,&#148; &#147;expect,&#148;
&#147;hope,&#148; &#147;anticipate,&#148; &#147;believe,&#148; &#147;intend,&#148; &#147;plan,&#148; &#147;estimate&#148; and similar
expressions.&nbsp; These forward-looking statements are based on information
currently available to the Company and are subject to a number of risks,
uncertainties and other factors that could cause its actual results,
performance, prospects or opportunities to differ materially from those
expressed in, or implied by, these forward-looking statements.&nbsp; No assurance
can be given that the actual results will be consistent with the
forward-looking statements.&nbsp; Investors should read carefully the factors described
in the &#147;Risk Factors&#148; section of the Company&#146;s filings with the SEC, including
the Company&#146;s Form 10-K for the year ended September 30, 2014 for information
regarding risk factors that could affect the Company&#146;s results.&nbsp; Except as
otherwise required by Federal securities laws, the Company undertakes no
obligation to publicly update or revise any forward-looking statements, whether
as a result of new information, future events, changed circumstances or any
other reason.</font></p>

<p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
<font size="2">&nbsp; </font> </p>

<div style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:center'>

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<p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
<font size="2">&nbsp; </font> </p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-indent:.5in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
<font size="2">SIGNATURES</font></b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-indent:.5in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";text-indent:.5in; margin-left:0in; margin-right:0in; margin-top:0in'>
<font size="2">Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.</font></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>

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  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
  </td>
  <td width="39%" colspan=3 valign=top style='width:39.0%;padding:0in 0in 0in 0in'>
  <p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif"; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">FORWARD
  INDUSTRIES, INC.</font></p>
  </td>
 </tr>
 <tr>
  <td width="39%" valign=top style='width:50%;padding:0in; '>
  <p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif"; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp; </font> </p>
  </td>
  <td width="39%" colspan=3 valign=top style='width:39.0%;padding:0in 0in 0in 0in'>
  <p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif"; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp; </font> </p>
  </td>
 </tr>
 <tr>
  <td width="39%" valign=top style='width:50%;padding:0in; '>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>
	<font size="2">Dated:&nbsp;&nbsp;</font><font style="font-size: 10.0pt">March 17,</font><font size="2"> 2015</font></p>
  </td>
  <td valign=top style='width:3%;padding:0in; '>
  <p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif"; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">By:</font></p>
  </td>
  <td colspan=2 valign=top style='border-left:medium none; border-right:medium none; border-top:medium none; width:47%;border-bottom:1.5pt solid black;padding:0in; '>
  <p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif"; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">/s/ Michael
  Luetkemeyer</font></p>
  </td>
 </tr>
 <tr>
  <td width="39%" valign=top style='width:50%;padding:0in; '>
  <p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif"; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp; </font> </p>
  </td>
  <td valign=top style='width:3%;padding:0in; '>
  <p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif"; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp; </font> </p>
  </td>
  <td valign=top style='width:3%;padding:0in; '>
  <p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif"; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Name:</font></p>
  </td>
  <td valign=top style='width:46%;padding:0in; '>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'><font style="font-size: 10.0pt">Michael Luetkemeyer</font></p>
  </td>
 </tr>
 <tr>
  <td width="39%" valign=top style='width:50%;padding:0in; '>
  <p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif"; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp; </font> </p>
  </td>
  <td valign=top style='width:3%;padding:0in; '>
  <p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif"; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp; </font> </p>
  </td>
  <td valign=top style='width:3%;padding:0in; '>
  <p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif"; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Title:</font></p>
  </td>
  <td valign=top style='width:46%;padding:0in; '>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'><font style="font-size: 10.0pt">Interim President</font></p>
  </td>
 </tr>
</table>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>

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<p style="font-size: 12.0pt; font-family: 'Times New Roman',serif; margin-left: 0in; margin-right: 0in; margin-top: 0in; margin-bottom: .0001pt">&nbsp;</p>
<p style="font-size: 12.0pt; font-family: 'Times New Roman',serif; margin-left: 0in; margin-right: 0in; margin-top: 0in; margin-bottom: .0001pt">&nbsp;</p>
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{"company-data": {"conformed-name": "FORWARD INDUSTRIES INC", "cik": "0000038264", "assigned-sic": "3089", "irs-number": "131950672", "state-of-incorporation": "NY", "fiscal-year-end": "0930"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-34780", "film-number": "15705805"}, "business-address": {"street1": "1801 GREEN ROAD", "street2": "SUITE E", "city": "POMPANO BEACH", "state": "FL", "zip": "33064", "phone": "9544199544"}, "mail-address": {"street1": "1801 GREEN RD", "street2": "SUITE E", "city": "POMPANO BEACH", "state": "FL", "zip": "33064"}, "former-company": {"former-conformed-name": "PROGRESS HEAT SEALING CO INC", "date-changed": "19721111"}}
Form 8-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event
reported):
March
16, 201
5
Forward Industries, Inc.
(Exact name of registrant as specified in its
  charter)
New York
000-6669
13-1950672
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
477 Rosemary Ave.  Ste. 219
West Palm Beach, FL
33401
(Address of principal executive offices)
(Zip Code)
Registrant's telephone number, including area code:
(561)
465-0030
(Former name or former address, if changed since
  last report.)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (
see
General Instruction A.2. below):
☐ Written communications pursuant to Rule
425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule
14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant
to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant
to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02.
Departure of Directors or Certain Officers; Election of
Directors, Appointment of Certain Officers, Compensatory Arrangements of
Certain Officers.
On March
16, 2015, in connection with the appointment of Michael Luetkemeyer as Interim
Chief Executive Officer, the Company entered into an employment agreement with Mr.
Luetkemeyer (the "Employment Agreement").
Under
the Employment Agreement, Mr. Luetkemeyer is employed as the Company's Interim Chief
Executive Officer, effective as of January 20, 2015, at an annual salary of $300,000.
The Employment Agreement shall remain in effect until June 30, 2015 (the "Term"),
unless earlier terminated or extended. Mr. Luetkemeyer has additionally agreed
to forego directors' fees, stock grants or other compensation for his service
as a member of the Company's Board of Directors (the "Board") for the duration
of the Term.
The
Employment Agreement may be terminated prior to the expiration of the Term by
either party upon 30 days' written notice. In the event either party provides
such notice, Mr. Luetkemeyer would be entitled to receive payment of his annual
salary accrued up to and including the date of termination or resignation and
payment of any unreimbursed expenses, in accordance with the Company's business
reimbursement policy. At the election of the Board, the Employment Agreement
may be extended at any time for any such additional term as determined in the
Board's sole discretion.
The
Employment Agreement binds Mr. Luetkemeyer to customary confidentiality and
intellectual property covenants.
The
foregoing summary of the Employment Agreement between the Company and Mr.
Luetkemeyer does not purport to be complete and is subject to, and qualified in
its entirety by, the full text of the Employment Agreement, which is attached
hereto as Exhibit 10.1 and is incorporated by reference into this Current
Report on Form 8-K.
Item 9.01. Financial
Statements and Exhibits.
(d)           Exhibits
Exhibit
  10.1
Employment
  Agreement, effective as of January 20, 2015, by and between Forward
  Industries, Inc. and Michael Luetkemeyer.
Forward Looking Statements
This
Current Report on Form 8-K contains certain "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended, that reflect
the Company's current expectations and projections about its future results,
performance, prospects and opportunities.  The Company has tried to identify
these forward-looking statements by using words such as "may," "should," "expect,"
"hope," "anticipate," "believe," "intend," "plan," "estimate" and similar
expressions.  These forward-looking statements are based on information
currently available to the Company and are subject to a number of risks,
uncertainties and other factors that could cause its actual results,
performance, prospects or opportunities to differ materially from those
expressed in, or implied by, these forward-looking statements.  No assurance
can be given that the actual results will be consistent with the
forward-looking statements.  Investors should read carefully the factors described
in the "Risk Factors" section of the Company's filings with the SEC, including
the Company's Form 10-K for the year ended September 30, 2014 for information
regarding risk factors that could affect the Company's results.  Except as
otherwise required by Federal securities laws, the Company undertakes no
obligation to publicly update or revise any forward-looking statements, whether
as a result of new information, future events, changed circumstances or any
other reason.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
FORWARD
  INDUSTRIES, INC.
Dated:
March 17,
2015
By:
/s/ Michael
  Luetkemeyer
Name:
Michael Luetkemeyer
Title:
Interim President