INVESTMENT ADVISORY AGREEMENTInvestment Advisory Agreement • April 28th, 2011 • Cm Advisors Family of Funds • Delaware
This Agreement is made and entered into this 1st day of November, 2010, by and between the CM Advisors Family of Funds, a Delaware statutory trust (the "Trust") on behalf of the CM Advisors Opportunity Fund, a series of shares of the Trust (the "Fund"), and Van Den Berg Management I, Inc. d/b/a CM Fund Advisors, a California corporation (hereinafter referred to as "Advisor").
