Software licence purchased directly from Vectric or an authorised Vectric partner If you upgrade a product from say Version 4.0 to Version 5.0, you no longer have a valid licence for V4.0 and so the licence for the older version obviously cannot be transferred. However this is NOT an unrestricted right of transfer, and Vectric reserve the right to refuse to transfer the licence, at its sole discretion, if it reasonably believes there is evidence of the license conditions having been broken. Unlike the vast majority of software companies, Vectric does allow the original purchaser of a software licence to transfer it under certain circumstances, and subject to a licence transfer fee.
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