Upgrading ESX Host license from 3.0.1 to ESX 5

We have an old ESX host running 3.0.1 with a host license file. We have just bought a new server and want to install ESX 5, decomission the old server, and use its license for this new server.

Is there a process to upgrade the ESX 3 host license file to be used with the new server running ESXi 5?
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Lamont77Asked:
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coolsport00Connect With a Mentor Commented:
Well, there is actually a 'process' to have a current license. You need to log into your acct on VMware and click the 'Licenses' heading for your acct (left side of your MyVMware acct). You can select from the drop-down list to 'convert' the license to vSphere5 version and then just copy/paste into your vSphere5 infrastructure. Or, as @hanccocka mentions, if you're using vSphere Hypervisor (free version), you just attain that license when you go through the steps to download vSphere Hypervisor. On the download page, VMware displays your "free" license key so copy that for a standalone host (can have up to 999 'free'/standalone hosts).

Regards.
~coolsport00
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Andrew Hancock (VMware vExpert / EE MVE^2)VMware and Virtualization ConsultantCommented:
There is no process to upgrade the license file, you need to obtain the new ESXi 5.0 license from VMware, through the MyVMware Portal.

or Register for a FREE license.

Licenses from ESXi/ESX 3.x or ESXi/ESX 4.x are not compatible with ESXi 5.x.

They are also in a completely different format, the licensing scheme was changed for 4.x and later. It no longer uses a *.lic file.
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Andrew Hancock (VMware vExpert / EE MVE^2)VMware and Virtualization ConsultantCommented:
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