0001111830-14-000429 Sample Contracts

EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement Cm Advisors Family of Funds • June 30th, 2014 • Cm Advisors Family of Funds

This Agreement is made and entered into effective this 30th day of May, 2014, by and between the CM Advisors Defensive Fund (the "Fund"), a series of shares of the CM Advisors Family of Funds, a Delaware statutory trust (the "Trust") and Van Den Berg Management I, Inc. d/b/a CM Fund Advisors, a Texas corporation (the "Advisor").

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INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • June 30th, 2014 • Cm Advisors Family of Funds • Delaware

This Agreement is made and entered into this 30th day of May, 2014, by and between the CM Advisors Family of Funds, a Delaware statutory trust (the "Trust") on behalf of the CM Advisors Defensive Fund (the "Fund"), a series of shares of the Trust, and Van Den Berg Management I, Inc. d/b/a CM Fund Advisors, a Texas corporation (hereinafter referred to as "Advisor").

THIRD AMENDMENT TO THE CUSTODY AGREEMENT
Custody Agreement • June 30th, 2014 • Cm Advisors Family of Funds

THIS THIRD AMENDMENT dated as of the 24th day of March, 2014, to the Custody Agreement, dated as of November 20, 2006, as amended September 21, 2010 and October 19, 2012 (the "Custody Agreement"), is entered into by and between CM Advisors Family of Funds, a Delaware statutory trust, (the “Trust”) and U.S. Bank, N.A., a national banking association (the "Custodian").

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