License definition.

Personal License:
+License based on account number, 1 Live Account and 1 Demo Account)
+Free updates when available
+EA comments cannot be changed
+ Active Period: 18 Months

IB License:
+Activation code is generated by the owner of the IB license.
+Unlimited Account Numbers.
+EA Name and Comment can be changed to your Company name.
+Free updates when available
+Example of IB license activation see here
+License Active Period 24 Months

Admin License:
+Get source code
+Unlimited Account Numbers
+ Comments and EA name can be changed
+Have full access to this EA.
+Not getting updates for this license type
+Active Forever