A circuit includes a first power node configured to carry a first voltage having a first voltage level, a second power node configured to carry a second voltage having a second voltage level, an output node, and first and second cascode transistors coupled between the first power node and the output node and to each other at a node. A bias circuit uses the first and second cascode transistors to generate an output signal at the output node that transitions between the first voltage level and a third voltage level, and a delay circuit generates a transition in a first signal from one of the first or second voltage levels to the other of the first or second voltage levels, the transition having a time delay based on the output signal. A contending transistor couples the node to the second power node responsive to the first signal.