One software license is required per Developer. You may install the software on a primary computer and also a portable computer as long as it is for the exclusive use of the licensee.
You may distribute the software runtimes along with your own products royalty free. You may not distribute the source code.
Free updates for 1 Year
All new licenses include 1 Year of free updates. After one year you can upgrade to the latest version by purchasing the Update license.