<P> Example 3 . Assume there are three equal partners, who have 33.3% interest each, and they agreed to admit a fourth equal partner . Each of the four partners will have 25% interest in the partnership . Interests of the three partners will be reduced from 33.3% each to 25% each . In effect, each of the three partners sold 8.3% of his equity to the new partner . </P> <P> In either case, all partners must agree to the specific way to realign their partnership interests as a result of admitting a new partner . </P> <P> Example 1 . Assume there are two unequal partners in the partnership . Partner A owns 60% equity, Partner B owns 40% equity, and they agreed to admit a third partner . Partner C has several options to join the partnership . </P> <Ul> <Li> He can buy equity from Partner A . </Li> <Li> He can buy equity from Partner B . </Li> <Li> He can buy equity from Partner A and Partner B . </Li> </Ul>

Partner b is investing in a partnership with partner a