contract TokenTimelock {

  // ERC20 basic token contract being held
  ERC20Basic public token;

  // beneficiary of tokens after they are released
  address public beneficiary;

  // timestamp when token release is enabled
  uint public releaseTime;

  function TokenTimelock(ERC20Basic _token, address _beneficiary, uint _releaseTime) {
    require(_releaseTime > now);
    token = _token;
    beneficiary = _beneficiary;
    releaseTime = _releaseTime;
  }

  /**
   * @notice Transfers tokens held by timelock to beneficiary.
   */
  function release() {
    require(now >= releaseTime);

    uint amount = token.balanceOf(this);
    require(amount > 0);

    token.transfer(beneficiary, amount);
  }
}
/**
 * @title TokenTimelock
 * @dev TokenTimelock is a token holder contract that will allow a
 * beneficiary to extract the tokens after a given release time
 */
function release() {
    require(now >= releaseTime);

    uint amount = token.balanceOf(this);
    require(amount > 0);

    token.transfer(beneficiary, amount);
  }
/**
 * @notice Transfers tokens held by timelock to beneficiary.
 */