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sweetheart agreement

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noun
an industrial agreement made at a local level between an employer and employees, often with clauses advantageous to the employer, such as no strikes, but without the recognition of the national union representing the employees
Australian an industrial agreement negotiated directly between employers and employees, without resort to arbitration
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Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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