LabVIEW 2010 allows developers to add licensing and activation features to their LabVIEW VIs and executables.
This will reduce the amount of effort required on your part to add ad-hoc licensing solutions and also gives end users a streamlined and consistent process for activating third party LabVIEW software.
The Third Party Licensing & Activation Toolkit provides a method to add licensing and activation to your LabVIEW add-ons.
The licensing can be applied as:
Components: What you need to use Third Party Licensing & Activation
Workflow: Getting Started with Licensing & Activation