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Formal Consent Agreement Law and Legal Definition. A formal consent agreement in the employment context is an agreement concluded after preliminary investigation uncovers major unfair labor practices (ULPs). It includes a written statement of facts underlying the charge, a waiver of the right to a public hearing, and consent to the issuance of a formal National Labor Relations Board (NLRB) order.
An agreement between two or more states. Agreements on minor matters are made without congressional consent, but any compact that tends to increase the power of the contracting states relative to other states or relative to the national government generally requires the consent of Congress.