UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
FORM 8-K
 
Current Report Pursuant to Section 13
of the Securities Exchange Act of 1934
 
Date of Report (Date Earliest Event reported) — January 16, 2007 (January 12, 2007)
 
MDC PARTNERS INC.
(Exact name of registrant as specified in its charter)

 
 
 
Canada
(Jurisdiction of Incorporation)
001-13718
(Commission File Number)
98-0364441
(IRS Employer Identification No.)
 
 
45 Hazelton Ave., Toronto, Ontario, Canada M5R 2E3
(Address of principal executive offices and zip code)
 
 
(416) 960-9000
(Registrant’s Telephone Number)
 
 
Check the appropriate box below if the Form 8−K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
⃞
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
⃞
Soliciting material pursuant to Rule 14a−12 under the Exchange Act (17 CFR 240.14a−12)
 
⃞
Pre−commencement communications pursuant to Rule 14d−2(b) under the Exchange Act (17 CFR 240.14d−2(b))
 
⃞ 
Pre−commencement communications pursuant to Rule 13e−4(c) under the Exchange Act (17 CFR 240.13e− 4(c)) 
 
 
Item 1.01. Entry into a Material Definitive Agreement.

 On January 12, 2007, MDC Partners Inc. (the “Company”) entered into a separation and consulting agreement with Stephen Pustil, following the Company’s recent sale of its Secured Products International Group (“SPI Group”). Mr. Pustil previously served as President of the Company’s SPI Group. Pursuant to the consulting agreement, the Company paid Mr. Pustil a bonus equal to C$350,000 in respect of his performance in 2006, and the parties agreed that Mr. Pustil will provide consulting and transition services relating to the SPI Group in 2007 in exchange for an annual consulting fee equal to C$250,000. Mr. Pustil continues to serve as a member of the Company’s Board of Directors.
 
 

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Signatures 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed by the undersigned hereunto duly authorized.
 
 
     
Date: January 16, 2007
MDC Partners Inc.
 
 		  
 		  
 
  By:   /s/ Mitchell Gendel
 
Mitchell Gendel
 
General Counsel & Corporate Secretary

 
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