With the help of the Easter Bunny, some stolen eggs, and some eggnog, McHale and the crew rescue an Admiral, and capture a Japanese Patrol, while having an Easter egg hunt for some local school children.

When a jade necklace is taken from Binghamton's office, he calls in Naval Intelligence, and tries to frame McHale and the crew with the theft.

The Shah of the oil-rich kingdom of Durani refuses to sign an agreement with the Navy without an Admiral present.   So Parker gets a temporary promotion to Admiral until the deal is closed.