Office 365 usage and licences - how do they really work?

Apologies for some horribly obvious questions:

1. On a Microsoft network using roaming profiles. If I install Office 365 (Word, Excel etc) on a workstation can everyone use those components providing they have a Premium account. And will they need to activate their version of Office each time they roam to a different computer. And how does this effect their 5 machine install count.

2. If I have installed Office 365 on a portable and want to remove the Word/Excel bundle so I can use it on a different computer what is the procedure?
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Vasil Michev (MVP)Commented:
1) For such setups, you can use the Shared computer activation mode:

Not sure what you mean by the second one. You can "deactivate" PCs from the O365 portal, so they dont count against the 5 PCs limit.

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edhastedAuthor Commented:
Many thanks.
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