Bi Publisher Cascading Parameter with date Getting "Unparseable date" error when passing date parame

Bi Publisher Version Info:

Oracle Business Intelligence Product Version 11.1.1.7.29 (Build 11.1.1.7.29BI-FAREL8-BP_LINUX.X64_RELEASE BI-FAREL8-BP 64-bit)

I have a requirement where I need to pull in a start date from the calendar in Incentive Comp and populate a parameter.

Parameter 1:  Pay Date

Name:  p_pay_date

Data Type: Date

Parameter Type: Date

Date Format String: MM-dd-yyyy

Parameter 2:  Start Date

Name: Start_Date

Data Type:  String

Parameter Type: Menu

List of Values:  Test

Refresh other parameters on change -Checked

I want to pass the returned value from Pay Date parameter to only return the specific dates with the Cascading LOV query.