Can I install 4.11 on new computer with upgrade

[TEXAS DON]

I have been using version 3.321 of Holster and I love it, but I decided to upgrade to 4.11. My Desk top meets the requirements but my old lap top is not fast enough. I bought a new lap top also and now want to install the Holster on it so i can use it as my primary and keep the desk top as my back up. My problem is since I have 3.321 and the upgrade i am not quite sure how to do that or even if I will be able to. Because I have been helping a friend set his club up with Holster for his karaoke nights, I know the 4.11 lets you transfer to another computer but that is with the complete program and not the original earlier version plus the upgrade. Will I be able to install it on the new lap top and what is the procedure?