“I would like to purchase this software and install it my 2010 model iMac, butI may have to buy a new iMac in the near future? Can I reinstall this software on the new computer? Do I need to pay extra for an extra Product Key Card?”
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You can install on another iMac and register (activate) on the new iMac. Make sure to remove from the 2010 iMac. Don't think they have the Uninstall (Remove Office) anymore, so you will need to delete and clean the ~/Library folder.
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