I think it's now fairly obvious from what Charles has said that the second license for your employer means it is licensed to 'him' - not you or anyone else (assuming it's his name that is the registered license holder)
If the copy you use at work is registered in your name, then obviously, you hold two licenses and the EULA applies to you in both cases.So in effect we're licensing the software to you the person, not tied to a specific computer.
Hopefully Charles can confirm or otherwise for us both
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