Regarding dbudde's original question and cm's answer, everybody in the USA is governed by federal law outlined in section 109 of the Copyright Act. You can read some understandable background at:
http://en.wikipedia.org/wiki/First-sale_doctrine
Simply put, just because VSL says their EULA removes your first sale rights, doesn't make it so. The problem is that the issue hasn't been resolved by the Supreme Court, and there have been conflicting judgements in the various Circuit and Appeals Courts where this has been argued. So, if you want to sell your old copies, you can because existing federal law voids the EULA provision that appears to forbid you from doing so. However, since VSL doesn't care about federal law in the USA, they would remove authorizations if they discovered the software had been sold. Or they might file a lawsuit for damages. They would make the whole experience as painful and expensive for you as possible. So for a few hundred bucks of software, it isn't worth the battle. Someone that has the time and money will eventually get this settled. But that probably isn't any of us.
Eventually this will reach the Supreme Court and get resolved. EULAs are getting more restrictive and even pre-emptive, and the most greedy companies will provoke action. For example, the agreement for Vista allows Microsoft to install their "malware" software with the OS. If it finds any software on your PC it doesn't like, it can remove it without asking.
For now, keep your old files. When the issue is resolved, its likely the courts will find that you purchased the software; that it was a sale under the terms of the UCC and not a lease or a right to use. You'll then get back your first sale rights.
http://en.wikipedia.org/wiki/First-sale_doctrine
Simply put, just because VSL says their EULA removes your first sale rights, doesn't make it so. The problem is that the issue hasn't been resolved by the Supreme Court, and there have been conflicting judgements in the various Circuit and Appeals Courts where this has been argued. So, if you want to sell your old copies, you can because existing federal law voids the EULA provision that appears to forbid you from doing so. However, since VSL doesn't care about federal law in the USA, they would remove authorizations if they discovered the software had been sold. Or they might file a lawsuit for damages. They would make the whole experience as painful and expensive for you as possible. So for a few hundred bucks of software, it isn't worth the battle. Someone that has the time and money will eventually get this settled. But that probably isn't any of us.
Eventually this will reach the Supreme Court and get resolved. EULAs are getting more restrictive and even pre-emptive, and the most greedy companies will provoke action. For example, the agreement for Vista allows Microsoft to install their "malware" software with the OS. If it finds any software on your PC it doesn't like, it can remove it without asking.
For now, keep your old files. When the issue is resolved, its likely the courts will find that you purchased the software; that it was a sale under the terms of the UCC and not a lease or a right to use. You'll then get back your first sale rights.