Hello,
You would not see the "Recover a deleted license" unless the License is not deleted.
In the event that you accidentally delete a license file, you can recover it from the Symantec Endpoint Protection Manager console.
I am not sure, if you are trying to Backup your Licenses, are you?
See Backing up your license files.
Secondly, Check these Articles:
Recovering a deleted license
http://www.symantec.com/docs/HOWTO54924
Maintaining your product licenses
http://www.symantec.com/docs/HOWTO54923
Hope that helps!!