Found the answer, guess I wasn't looking in the right places:
Quote:
1. LIMITED RIGHTS TO INSTALL AND USE THE SOFTWARE. Avid grants you the following rights, subject to your purchase of the corresponding software license (if applicable) and the terms and conditions below:
1.1. Device license. You may install one copy of the software on one hardware device for your internal business use or your own personal enjoyment. The software may only be used by one person at time, unless you have purchased licenses for additional users.
1.2. Individual user license. You may install one or more copies of the software on hardware devices within your internal computer network for your internal use. The software may only be used by individuals for whom you have purchased a license. Multiple users may not share a single license.
1.3. Concurrent user license. You may install one or more copies of the software on hardware devices within your internal computer network for your internal use. The software may be used concurrently by a number of individuals equal to or less than the number of concurrent user licenses you have purchased.
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So there it is. Case closed.