It depends on the license you have.
- If you have a node-locked license, your license is locked to a specific machine which means you cannot use it elsewhere,
and as explained in the EULA, you don’t have the legal right to do it.
- If you have a floating license, yes, it’s done for that, you can switch the license between users or even have multiple users using it at the same time.
The only restriction is that users machines have to be on the same network and be able to access the machine where the license server is stored.
Floating licenses are more flexible but also a bit more expensive, so if you are just 2 or 3 users, you should buy multiple node-locked licenses.