SUBSCRIPTION AGREEMENT BETWEEN THE FUND AND THE INVESTOR EUDORA FUND LETTER OF INVESTMENT INTENT

SUBSCRIPTION AGREEMENT BETWEEN THE FUND AND THE INVESTOR

EUDORA FUND

LETTER OF INVESTMENT INTENT

October 10, 2012

To the Board of Trustees of The Eudora Funds:

Effective as of the date first written above, the undersigned (the "Purchaser") subscribes to purchase a beneficial interest ("Interest") in The Eudora Funds, in the amount of $100,000.00 for 10,000 shares at net asset value of $10.00 per share, in consideration for which the Purchaser agrees to transfer to you upon demand cash in the amount of $100,000.00.

The Purchaser agrees that each Interest is being purchased for investment purposes only and with no present intention of reselling or redeeming said Interest.

Eudora Asset Management, LLC

_____/s/______________

By: Xxxxx X. Xxxxx