Hand in your notice, or agree to an updated contract? (6)
I believe the answer is:
resign
'hand in' is the definition.
(thesaurus)
'your notice or agree to an updated contract?' is the wordplay.
I cannot really understand how this works, but
'notice' could be 'sign' (I've seen this in another clue) and 'sign' is located in the answer.
The remaining letters 're' is a valid word which might be clued in a way I don't see.
This explanation may well be incorrect...
Can you help me to learn more?
(Other definitions for resign that I've seen before include "withdraw" , "Give up office" , "Give up one's post" , "Turn over" , "admit defeat" .)