When using the Activation Wizard, why does the error message "Invalid License. (0x8000000e)" appear on the display?

This could be due to any of the following reasons.

1.This can be due to the software version being out of date.

  Required action:
  Please update your software to the latest version before activating.

2.Your license is expired.

  Required action:
  Please obtain a new License Code.