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This a good question. The license manager will assign an available non-expired license to all enabled users. I assume that the license assigned to your user has not yet expired. At the moment it expires, the license manager should assign you one of the new available licenses out of the pool.
I imagine your user is continuing to use the demo license until then, which is fine.
Keep in mind, that even if a license has expired, your user will not become disabled or locked out. You would simply be reminded to update the license.
If it continues to be a problem, it is possible to manually remove the license from your user so that it gets a new license, but that shouldn't be necessary.
It did not automatically renew the license when it expired. How do I remove the license from user so that it gets a new license?
I'm going to contact you directly about this.
Adam, I seem to be having this same problem except the old license hasn't expired yet.
James