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How do I transfer node-locked licenses when machines go out of use?

Our license transfer policy
With the purchase of a license, you get a year's worth of license transfer support. After that, you can buy an additional year's worth of license transfer support for 15% of the current price (and so on). In this way you don't have to pay for floating license software that would increase the price of the product by a substantial amount, yet you still have a way to transfer licenses if necessary.

What do I need to do in order to transfer the license?
Whether or not you need to pay a license transfer fee, you need to sign our license transfer form. The form states that you will not use the old licenses and will:
Windows: remove the license information in the Windows registry located in HKEY_LOCAL_MACHINE/SOFTWARE/REVision/
Macintosh: remove the old license file(s) located in the /Library/Preferences/REVIsionEffects directory
Linux and Irix: remove the old license file(s) located in /usr/local/revision directory
License Transfer Forms
Host Applications Form
Avid plugins License transfer form
Fusion plugins License transfer form
Shake plugins License transfer form
Sparks plugins License transfer form
XSI plugins License transfer form

Please fill out, sign, scan in the form and email it to us at sales(at)revisionfx(dot)com.

If you need to pay a license transfer fee, you can do so by purchasing the requisite license fee "item" from our webstore:

License Transfer Fees
  Full Render-only (or Burn)
ReelSmart Motion Blur (Avid, Sparks, Fusion, Shake, XSI) $28.49 $8.10
Twixtor or RE:Flex for Shake or Fusion $89.25  
Twixtor, Sparks version $119.25 $28.91

You may also want to read this FAQ about creating moveable node-locked licenses using a USB-to-ethernet device.