ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS

On September 23, 2009, the employment of Adrienne Kantor and Robert Kantor by Cache, Inc. (the "Company") terminated. In connection therewith, they each entered into a letter agreement with the Company, pursuant to which Adrienne Kantor will receive 12 quarterly payments of $125,000 each, and Robert Kantor will receive an amount equal to the base salary that he otherwise would have received for the balance of the initial term of his employment agreement. In addition Adrienne Kantor will be eligible to receive payments of up to $500,000 in the aggregate , based on the achievement by the Company over the next 4 years of certain net income targets set forth in her letter agreement. The Company will also repurchase Adrienne and Robert Kantor's vested restricted share grants, totaling 4,222 shares of common stock of the Company in the aggregate, at the closing price of the common stock on September 23, 2009. The letter agreements include other customary terms and provisions, including a non-solicitation provision and mutual releases.