I am soooo sick of losing this reference. The Autodesk folks offered some good information, but it is not quite fluid. I remember making a cheat sheet, and saying how good an article it would make ‘the FlexLM cheat sheet’.
One product cycle later, I ran across Donnie’s cheat sheet. It really does cover most things that you need to get the Vault license going. There really was no sense in duplicating this work, so I’ll just link it here.
http://thecadgeek.com/blog/2008/08/setting-up-configuring-a-license-server/
I just didn’t want to lose it again.