0001111830-10-000703 Sample Contracts

FORM OF INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • July 30th, 2010 • Cm Advisers Family of Funds • Delaware

This Agreement is made and entered into this ___ day of October, 2010, by and between the CM Advisers Family of Funds, a Delaware statutory trust (the "Trust") on behalf of the CM Advisers Opportunity Fund, a series of shares of the Trust (the "Fund"), and Van Den Berg Management I, Inc. d/b/a CM Fund Advisers, a California corporation (hereinafter referred to as "Adviser").

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EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • July 30th, 2010 • Cm Advisers Family of Funds

This Agreement is made and entered into this __ day of October, 2010, by and between the CM Advisers Value Fund (the "Fund"), a series of shares of the CM Advisers Family of Funds, a Delaware statutory trust (the "Trust") and Van Den Berg Management I, Inc. d/b/a CM Fund Advisers, a Texas corporation (the "Adviser").

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