Exhibit h(4)
Domini Social Investments LLC
000 Xxxxxxxx, 0xx Xxxxx
Xxx Xxxx, Xxx Xxxx 00000
November 28, 2003
Domini Social Investment Trust
000 Xxxxxxxx, 0xx Xxxxx
Xxx Xxxx, Xxx Xxxx 00000
Re: Expense Limitation Agreement
Ladies and Gentlemen:
Domini Social Investments LLC currently provides oversight and
administrative and management services to Domini Social Investment Trust (the
"Trust"), a Massachusetts business trust. We hereby agree with the Trust that we
will waive expenses payable to us by the Trust's series designated Domini Social
Equity Fund (the "Fund") or will reimburse the Fund for all expenses payable by
the Fund to the extent necessary so that the Fund's aggregate expenses
(excluding brokerage fees and commissions, interest, taxes, and other
extraordinary expenses), net of waivers and reimbursements, would not exceed, on
a per annum basis, 0.95% of the average daily net assets representing the Fund's
Investor shares and 0.63% of the average daily net assets representing the
Fund's Class R shares.
The agreement in this letter for the Fund's Investor shares shall take
effect on November 30, 2003, and shall remain in effect until November 30, 2004,
absent an earlier modification by the Board of Trustees, which oversees the
Fund. The agreement in this letter for the Fund's Class R shares shall take
effect on the date hereof, and shall remain in effect until November 30, 2004,
absent an earlier modification by the Board of Trustees, which oversees the
Fund.
Please sign below to confirm your agreement with the terms of this
letter.
Sincerely,
Domini Social Investments LLC
By: /s/ Xxx X. Xxxxxx
-----------------------------------
Title: Chief Executive Officer
Agreed:
Domini Social Investment Trust
By: /s/ Xxxxxx X. Xxxxxx
--------------------------------
Title: Treasurer
