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In the screenshot it looks like you have added the license key to the system. Have you also assigned it to the SRM solution itself? Here's the instructions you should follow -> http://pubs.vmware.com/srm-58/topic/com.vmware.srm.install_config.doc/GUID-BA06E6CB-C937-4629-A38A-D...
Let me know if that doesn't work.