It seems that Midway just can’t catch a break these days and with all of the problems that the company has been having they surely could use one. The latest issue is the amount of strong criticism that the company took over the “key employee incentive plan” that was contained within their bankruptcy filings. Due to the criticism Midway has modified its plan to address the complaints.

With the new plan Midway CEO, Matt Booty, is now excluded from compensation for reaching specific milestones. The number of milestones has been reduced from three to two and these is no additional compensation for the sale of the Wheelman franchise.

According to reports, some incentives do remain for reorganization and the sale of company assets and other properties. One very interesting provision is the requirement that in order to even be at all eligible for the special compensation, employees that are eligible must remain until the last day of the milestone is reached.

It largely remains unknown if Midway is going to make it out of bankruptcy, but with all of the bad press that the company received for its initial plan, these plan revisions should be rather well received.