How to set the Code Snippet folder location to a network drive location? (60303)

How to set the Code Snippet folder location to a network drive location?

1. In Toad, select Tool | Options menu option
2. Select Editor | Code Completion
3. Change Code Snippet | Root folder to desired network path and hit OK
4. Move SQL (SQLServer) folder from the below path to the same network path:
C:\Documents and Settings\<user name>\Application Data\Quest Software\Toad for SQL Server 4.6\Templates\Snippets
5. In Toad, reopen Code Snippets window via View menu
6. This window will display Toads default snippets and new folders/snippets will be added to the network drive