How can I clear my hard drive, and still keep lion?

I really don't want to have to buy OS X Lion again, and I really need to erase my hard drive...is there a way that I can accomplish both? I cannot find the files to create a bootable hard drive or DVD, where are they supposed to be? Thanks

Zackh.Tucker wrote:
Is there a way to have lion, and sell the computer to someone so they dont have to buy it when they get it? I need to erase my harddrive, but I'd like the buyer to be running lion when they get it.
No that is a violation of the Lion License agreement. When you sell a Mac that has had Lion installed on it the new owner has to buy their own license of Lion. The reason being is the license of Lion you purchased is tied to YOUR AppleID!
If you have promised the buyer the machine would come with Lion then you will need to refund them $29.99 which is the cost of Lion. In addition if you sell the machine with any application software you must surrender the original DVD's and/or license keys for that software so the new owner isn't stealing the software.
You will probably benefit by reading:
Prepare a Mac For Sale
Preparing your Mac for sale

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