EX-99.H3 7 0007.txt EXPENSE LIMITATION AGREEMENT Exhibit h(3) Domini Social Investments LLC 536 Broadway, 7th Floor New York, New York 10012 November 30, 2000 Domini Social Investment Trust 536 Broadway, 7th Floor New York, New York 10012 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 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, 2001. Please sign below to confirm your agreement with the terms of this letter. Sincerely, Domini Social Investments LLC By: /s/ David P. Wieder -------------------------------- Title: Managing Principal Agreed: Domini Social Investment Trust By: /s/ Carole M. Laible -------------------------------- Title: Secretary/Treasurer