Expiration Date for TB Animate Personal Learning Edition?

Is there an expiration date for the Personal Learning Edition of Toon Boom Animate? Or can you continue using it for as long as you like? Is it just that a watermark will appear on all of your work?

Also, do files that you create in the Personal Learning Edition transfer over to a purchased copy of the software?



I just download Personal Learning Edition. The color does not work. It is behaving just like any other trial version. So what makes the difference thanks