Stephanie,
To activate the TestComplete 9 license, simply enter it into the License Manager. TC9 and TC8 licenses can "live" on the same License Manager.
TestComplete licenses are deactivated automatically when you uninstall the License Manager. You can also deactivate them manually from the My SmartBear Account section of our web site (see TestComplete Licensing Guide).
Here is a related post by our product manager:
http://community.smartbear.com/forum/post/?mode=singleThread&thread=9bf618fd-415d-4e91-983a-3ccf9fbf2645
>> Pardon my ignorance. I have never even seen the license manager software. I am new to this.
No need to be sorry :). To get faster answers to licensing questions, call your sales rep or contact our Support Team. They will be happy to help.