Exhibit h(5)
Domini Social Investments LLC
000 Xxxxxxxx, 0xx Xxxxx
Xxx Xxxx, Xxx Xxxx 00000
November 30, 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 Bond 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 shall take effect on the date hereof, and
shall remain in effect until November 30, 2004.
Please sign below to confirm your agreement with the terms of this letter.
Sincerely,
Domini Social Investments LLC
By: ______________________________
Title:
Agreed:
Domini Social Investment Trust
By: ____________________________
Title:
