Selling Old Versions of Photoshop On Ebay

Hi !
Sorry if this has been asked before, but i couldn't find the answer on the Adobe Forums.
Am I legally allowed to sell my old versions of Adobe Photoshop on ebay as second hand items under the terms of the Adobe Licence Agreement ?
I have been using Photoshop since version 4 and I'm now running CS5 Extended (latest version). Each time i have upgraded to the latest version, my older versions of Photoshop just sit and gather dust.
Would like to know legalities as i can maybe recover some of my expense.
Thanks in advance ...

miclled wrote:
How do you get a transfer licence?
The seller of the software deactivates his copy of the software, downloads a Transfer of License form from Adobe, signs it and delivers it to the buyer, who then forwards it to Adobe customer service.  After a couple of weeks (or so) the buyer receives confirmation from Adobe and can finally activate and begin to use his copy.  The seller can no longer use any copy of any version of Photoshop covered by the license he has sold and transferred over to the buyer.
Wo Tai Lao Le
我太老了

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