Unable to use Identity attribute in LCS transform

@sharvari - You could use the below code, it should work.

{
    "name": "Emp Lifecycle Status",
    "type": "static",
    "attributes": {
        "isUserTermed": {
            "attributes": {
                "values": [
                    {
                        "attributes": {
                            "name": "isTermed"
                        },
                        "type": "identityAttribute"
                    },
                    "null"
                ]
            },
            "type": "firstValid"
        },
        "value": "#if($isUserTermed != \"null\")inactive#{else}active#end"
    }
}