License fees are one-time (new version updates not included). The optional annual maintenance gives you new version updates + support. It needs to be renewed every year to keep it.
Software license keys are emailed within five business days. You can also purchase an Install CD as well as annual maintenance (12 months of support & updates) on some products. Install CDs can take 10-15 business days to ship. However, you can download & start using the software with the license key that will be emailed to you.
Node locked license: For example a "Five user, node locked license" means that the system can have at the most five named users (user accounts). The software can be installed on up to five computers. Users must login and use the system from the same computer every time (set when they first use the system).
Floating license: For example a "Five user, floating license" means that the system can have at the most five named users (user accounts). The software can be installed on up to five computers. Users can login and use the system from any computer on which the software has been installed.
Concurrent license: For example a "Five user, concurrent license" means that the system can have any number of named users (user accounts) but at most five users can use the system at the same time. Users will be able to login and use the system from any computer on which the software has been installed. This can be a very cost effective license similar to a limited type of "site license" since one can install the software on any number of computers (note that all computers MUST use the same shared FastMaint database).