You can have any number of LOD or latent sunder charms, but you can only have one renewed sunder charm at a time.
The one-per-char restriction applies to annihilus, hellfire torch, renewed sunders and uber ancient jewels
You can't take any actions that would make another one active, like equipping a second item with an uber jewel in it, or picking up a 2nd annihilus, or upgrading a latent sunder when you already have a renewed one.
The one-per-char restriction is separate for your mercenary who can equip an uber jewel of his own in addition to yours