Sure, it's a license for version 2. It does not explicitly include any future ones - and I don't think it even covers the previous version.
So, you'll be able to install and run this one indefinitely and in the even that the company decides to shut down the activation servers they'll probably pull an Adobe (CS2) or Avid (Media Illusion, my gawd - has it been this long?

) and make a patch available that skips the licensing check.
This company has been bought out a while back, after all. We've seen this whole corporate-merger playbook before, haven't we? In this case a company with a particularly old-fashioned approach to licensing got bought by the new guys.