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C5505 eZdsp with CCSv5

I am currently using CCS version 5 for MSP430 development. I recently purchased the C5505 eZdsp stick. 

Is there a way to license the v5 software or will I have to have v4 and v5 installed side by side?

I have it detected and configured on my v5 install however as expected it requests a license file for everything but the MSP430 tools.

Thanks!