The Clear-AIPAuthentication cmdlet resets the user settings for the Azure Rights Management service. For a list of files and registry entries that are deleted, see More information about the Reset Settings option in the admin guide.
In addition, all Rights Management templates from the %LocalAppData%\Microsoft\MSIPC\msip folder are deleted for the current user. Rights Management templates are not deleted from the %LocalAppData\Microsoft\MSIPC folder that Office uses.
This cmdlet is not supported for the Azure Information Protection unified labeling client.
PS C:\> Clear-AIPAuthentication
This command is functionally the equivalent of selecting the Reset Settings from the Help and Feedback menu option, and deleting the templates.