Yes, you are permitted to make a backup copy of the software only for your use. You may NOT give a copy of the registered software to anyone else. Only you can use your registered copy. The license is only good for 1 user unless you specifically ordered a multi-user licnese or site license. If you lost your old computer with the software installed on it for some reason, and have already registered that software in the past, you are permitted to install a new copy of the registered software on your new computer.
Updates are free for registered users.
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