EXHIBIT NO. EX-99.h.3.xix
DIMENSIONAL INVESTMENT GROUP INC.
GLOBAL 60/40 PORTFOLIO
ADMINISTRATION AGREEMENT
THIS AGREEMENT made this __ day of _____, 2003, by and between DIMENSIONAL
INVESTMENT GROUP INC., a Maryland corporation (the "Fund"), on behalf of the:
Global 60/40 Portfolio
(the "Portfolio"), a separate series of the Fund, and DIMENSIONAL FUND ADVISORS
INC., a Delaware corporation (the "Administrator").
WHEREAS, the Fund is registered as an investment company under the
Investment Company Act of 1940, as amended, and its securities are registered
under the Securities Act of 1933, as amended; and
WHEREAS, the Portfolio, as a separate series of the Fund, desires to avail
itself of the services, assistance and facilities of an administrator and to
have an administrator perform various administrative and other services for it;
and
WHEREAS, the Administrator desires to provide such services to the
Portfolio.
NOW, THEREFORE, in consideration of the terms and conditions hereinafter
set forth, it is agreed as follows:
1. Employment of the Administrator. The Fund hereby employs the
Administrator to supervise the administrative affairs of the Portfolio, subject
to the direction of the Board of Directors and the officers of the Fund on the
terms hereinafter set forth. The Administrator hereby accepts such employment
and agrees to render the services described herein for the compensation herein
provided.
2. Services to be Provided by the Administrator.
A. The Administrator shall supervise the administrative affairs of the Fund
as they pertain to the Portfolio. Specifically, the Administrator shall:
(1) supervise the services provided to the Fund for the benefit of
the Portfolio by the Portfolio's custodian, transfer and dividend
disbursing agent, printers, insurance carriers (as well as agents
and brokers), independent accountants, legal counsel and other
persons who provide services to the Fund for the benefit of the
Portfolio;
(2) assist the Fund to comply with the provisions of applicable
federal, state, local and foreign securities, tax, organizational
and other laws that:
(i) govern the business of the Fund in respect of the Portfolio
(except those that govern investment of the Portfolio's
assets);
(ii) regulate the offering of the Portfolio's shares; and
(iii) provide for the taxation of the Portfolio;
(3) provide the shareholders of the Portfolio with such information
regarding the operation and affairs of the Portfolio, and their
investment in its shares, as they or the Fund may reasonably
request;
(4) assist the Portfolio to conduct meetings of its shareholders if
and when called by the Board of Directors of the Fund;
(5) furnish such information as the Board of Directors of the Fund
may require regarding any investment companies (or series
thereof) in whose shares the Portfolio may invest; and
(6) provide such other administrative services for the benefit of the
Portfolio as the Board of Directors may reasonably request.
B. In carrying out its responsibilities under Section A herein, to the
extent the Administrator deems necessary or desirable and at the expense of the
Portfolio, the Administrator shall be entitled to consult with, and obtain the
assistance of, the persons described in Section A, paragraph (1) herein who
provide services to the Fund.
C. The Administrator, at its own expense, shall provide the Fund with such
office facilities and equipment as may be necessary to conduct the
administrative affairs of the Fund with respect to the Portfolio.
3. Expenses of the Fund. It is understood that the Portfolio will pay all
of its own expenses incurred to conduct its administrative affairs.
4. Compensation of the Administrator. For the services to be rendered by
the Administrator as provided in Section 2 of this Agreement, the Portfolio
shall pay to the Administrator, at the end of each month, a fee equal to 0.25%
of the average daily net assets of the Portfolio. If this Agreement is
terminated prior to the end of any month, the fee for such month shall be
prorated.
5. Activities of the Administrator. The services of the Administrator to
the Fund or in respect of the Portfolio are not to be deemed exclusive, and the
Administrator shall be free to render similar services to others as long as its
services to the Fund or with respect to the Portfolio are not impaired thereby.
6. Liability of the Administrator. No provision of this Agreement shall be
deemed to protect the Administrator against any liability to the Fund or its
shareholders to which the Administrator might otherwise be subject by reason of
willful misfeasance, bad faith or gross negligence in the performance of its
duties or the reckless disregard of its obligations under this Agreement.
7. Duration and Termination.
A. This Agreement shall become effective on the date written below,
provided that prior to such date it shall have been approved by the Board of
Directors of the Fund, and shall continue in effect until terminated by the Fund
or the Administrator on 60 days written notice to the other.
B. Any notice under this Agreement shall be given in writing addressed and
delivered, or mailed postage-paid, to the other party at the principal business
office of such party.
8. Severability. If any provision of this Agreement shall be held or made
invalid by a court decision, statute, rule or otherwise, the remainder of this
Agreement shall not be affected thereby.
9. Governing Law. This Agreement shall be governed by and construed in
accordance with the laws of the State of California.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
executed and effective on the ___ day of _______, 2003.
DIMENSIONAL FUND DIMENSIONAL INVESTMENT
ADVISORS INC. GROUP INC.
By: _______________________ By: __________________________
Xxxxxxxxx X. Xxxxxx Xxxxxxx X. Xxxxxxxx
Vice President and Secretary Vice President, Chief Financial
Officer and Treasurer
