Can a "dotConnect for Oracle" license be transfered from 1 developer to another developer

We're planning to buy a "dotConnect for Oracle" license type Team (up to 4 developers) for the company, and we analizyng the following scenario: If the 4 licenses are assigned to 4 different developers in the company, and at some point 1 of the developer left the team, can this license be transfered to a new developer?