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Commitments and Contingencies
6 Months Ended
Jul. 01, 2011
Commitments and Contingencies
Note 13— Commitments and Contingencies

On May 24, 2010, STAAR accrued $700,000 in executive termination benefit costs in connection with the notice of non-renewal given under an executive employment agreement. This accrual represented STAAR’s best estimate of the contractual termination benefits due to the former executive. The actual amount ultimately paid to the former executive may be different than the amount estimated.  As of July 1, 2011, accrued unpaid severance was approximately $259,000.