Version 1.0.0
Licensor: [licensor's legal name]
Project: [project name]
Repository: [repository URL]
Target License: [target license]
Announcement URL: [URL]
The licensor hereby licenses the project on the terms of the target license, effective as soon as the project reaches [contributors target] outside contributors who have made substantial contributions of new, original work subject to copyright to the main line of development in the project's repository within the last calendar quarter, but are not affiliated with the licensor as employees, contractors, owners, lenders, or equity holders.
The licensor cannot revoke this license.
You can rely on any notice posted by the licensor at the announcement URL that the milestone has been achieved to determine whether the license granted by these terms has taken effect.