All licences can be deactivated and this will release the licence which is locked to the PC so it can be used on another device.

Open the software licence you'd like to deactivate.

Go to the Help menu then go to Licence Deactivate.  Follow the prompts and you will be informed once it is successful.

Watch a how-to video at:

You will now be able to use that licence to activate onto another PC using your Licence ID and Password.