Exhibit (d)(2)(i)

FORM OF

EXPENSE LIMITATION AND

REIMBURSEMENT AGREEMENT

This AGREEMENT is made this 28th day of January, 2010, between CNI Charter Funds, a Delaware statutory trust (the “Trust”) and CCM Advisors, LLC, a Delaware limited liability company (hereinafter called the “Adviser”).

W I T N E S S E T H

WHEREAS, the Adviser has entered into an Investment Management Agreement with the Trust, pursuant to which the Adviser agrees to provide, or arrange for the provision of, investment advisory and management services to the Trust; and

WHEREAS, the Trust and the Adviser believe that capping the total expenses of shares of each series of the Trust listed in Appendix A to this Agreement (a “Fund”) is in the best interests of the Fund;

NOW, THEREFORE, the parties hereto do hereby agree as follows:

1.           Limit on Operating Expenses. The Adviser hereby agrees to limit each Fund’s Operating Expenses to the respective annual rate of total Operating Expenses specified for that Fund in Appendix A of this Agreement (an “Expense Cap”).

2.           Definition.  For purposes of this Agreement, the term “Operating Expenses” with respect to a Fund is defined to include all expenses necessary or appropriate for the operation of the Fund, including the Adviser’s investment advisory or management fee as described in the Investment Management Agreement, but does not include any front-end or contingent deferred loads, taxes, interest, brokerage commissions, acquired fund fees or expenses, or extraordinary expenses such as litigation.

3.           Reimbursement of Fees and Expenses.  The Adviser, pursuant to the Investment Management Agreement, retains its right to receive reimbursement of reductions of its investment advisory fee and Operating Expenses paid by it that are not its responsibility as described in the Investment Management Agreement.

4.           Recoupment Balance.  Any fee reduced by the Adviser, or Operating Expenses paid by it (collectively, “subsidies”), pursuant to this Agreement may be reimbursed by a Fund to the Adviser no later than the end of the third fiscal year following the year to which the subsidy relates if the aggregate expenses for that period do not exceed an Expense Cap in effect at the time the subsidies were incurred or any more restrictive limitation to which the Adviser has agreed (subsidies available for reimbursement to the Adviser under this paragraph are collectively referred to as the “Recoupment Balance”) and the Board of Trustees approves the reimbursement.  The Adviser generally shall seek reimbursement on a rolling three-year basis whereby the oldest subsidies are recouped first.  The Adviser may not request or receive reimbursement of the Recoupment Balance before payment of the Fund’s operating expenses for the current year and cannot cause the Fund to exceed an Expense Cap or any other agreed upon expense limitation for that year in making such reimbursement.  The Adviser agrees not to

request or seek reimbursement of subsidized Operating Expenses that are no longer eligible for reimbursement.

5.           Term.  This Agreement shall continue in effect until January 28, 2011 unless sooner terminated in accordance with Section 6 herein.

6.           Termination.  This Agreement may be terminated at any time by the Trust on behalf of any one or more of the Funds or by the Board of Trustees of the Trust, upon sixty (60) days’ written notice to the Adviser without payment of any penalty and shall automatically terminate upon the termination of the Investment Management Agreement.

7.           Assignment.  This Agreement and all rights and obligations hereunder may not be assigned without the written consent of the other party.

8.           Severability.  If any provision of this Agreement shall be held or made invalid by a court decision, statute or rule, or shall be otherwise rendered invalid, the remainder of this Agreement shall not be affected thereby.

9.           Captions.  The captions in this Agreement are included for convenience of reference only and in no way define or limit any of the provisions hereof or otherwise affect their construction or effect.

10.         Governing Law.  This Agreement shall be governed by, and construed in accordance with, the laws of the State of Delaware without giving effect to the conflict of laws principles thereof; provided that nothing herein shall be construed to preempt, or to be inconsistent with, any federal law, regulation or rule, including the Investment Company Act of 1940, as amended, and the Investment Advisers Act of 1940, as amended, and any rules and regulations promulgated thereunder.

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.

CNI CHARTER FUNDS   By:       ______________ Name:  Richard A. Weiss Title:     President CCM ADVISORS, LLC   By:       _______________ Name:  Timothy G. Solberg Title:     Managing Director

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SCHEDULE A

The annualized expenses of each of the following Funds will be limited to the following annual rate of average daily net assets shown below:

Fund	Class N
Limited Maturity Fixed Income Fund	1.25%
Full Maturity Fixed Income Fund	1.25%
Diversified Equity Fund	1.50%
Socially Responsible Equity Fund	1.50%
Fund	Institutional Class
Limited Maturity Fixed Income Fund	1.00%
Full Maturity Fixed Income Fund	1.00%
Balanced Fund	1.00%
Diversified Equity Fund	1.25%
Socially Responsible Equity Fund	1.25%

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