Exhibit 99.H(3)
Domini Social Investments LLC
00 Xxxx 00xx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
November 30, 1999
Domini Social Equity Fund
00 Xxxx 00xx Xxxxxx
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 Equity Fund (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 or will reimburse such series for all expenses payable by that
series to the extent necessary so that the series' 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 that series' average daily net assets.
The agreement in this letter shall take effect on the date hereof, and
shall remain in effect until November 30, 2000.
Please sign below to confirm your agreement with the terms of this letter.
Sincerely,
Domini Social Investments LLC
By:________________________
Title:
Agreed:
Domini Social Equity Fund
By:_______________________
Title:
