Remove the license key of vCenter Server 4.1

1. At vCenter Server, log in as Administrator.
2. Launch "ADSI Edit".
3. Right-click "ADSI Edit", select "Connect to".
4. Select "Select or type a Distinguished Name or Name Context", type "dc=virtualcenter, dc=vmware, dc=int".
5. Select "Select or type a domain or server", type "localhost".

6. Expand "DC=virtualcenter, dc=vmware, dc=int > OU=Licensing > OU=Licenses".

7. At right pane, you can see the "CN=License key" containers.

8. Right-click the container which you want to delete, select "Delete".

Reference:

http://kb.vmware.com/selfservice/microsites/search.do?language=en_US&cmd=displayKC&externalId=1015268

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