Excerpt from the EULA:
4.6.1 CUSTOMER WILL NOT RENT, LEASE, SELL, SUBLICENSE, ASSIGN, OR TRANSFER ITS RIGHTS IN
THE SOFTWARE (INCLUDING WITHOUT LIMITATION, SOFTWARE OBTAINED THROUGH A WEB
DOWNLOAD), OR AUTHORIZE ANY PORTION OF THE SOFTWARE TO BE COPIED ONTO ANOTHER
INDIVIDUAL OR LEGAL ENTITY’S COMPUTER EXCEPT AS MAY BE EXPRESSLY PERMITTED HEREIN.
4.6.2 Except with regard to Educational Software Products (as defined in Section 16.3), Pre-release
Software (as defined in Section 16.2), Evaluation Software, not-for-resale copies of the Software, or
Software obtained through an Adobe volume license program and further subject to Section 4.6.3,
Customer may permanently transfer all its rights to use the Software to another individual or legal entity
provided that: (a) Customer also transfers (i) this agreement, (ii) the serial number(s), the Software
affixed to media provided by Adobe or its authorized distributor, and all other software or hardware
bundled, packaged, or pre-installed with the Software, including all copies, Updates, and Prior Versions
(as defined in Section 5, below), and (iii) all copies of font software to such individual or entity;
(b) Customer retains no Updates, Prior Versions, or copies, including backups and copies stored on a
Computer; and (c) the receiving party accepts the terms and conditions of this agreement and any other
terms and conditions under which Customer purchased a valid license to the Software. Additional
information on transferring volume licensed software is available at
http://www.adobe.com/go/volumepolicies.
A link to the full version of the agreement can be found at:
http://www.adobe.com/products/eulas/#desktop