2. Click the name of the folder to highlight it then type over the (RENAME) part and change it to your name.
2A. Or if there is not a RENAME just add your name to the end
3. Open the folder that was just renamed and change the names of the AVID project file, as well as the settings file. The name has to match all three renames exactly. Make sure to keep the extensions (.avs and .avp).