The question describes well what I need but here are some more details about the circumstances.
With Parallels Desktop 4 running under Linux, I have a number of Windows 7 Virtual Machines. Sadly, Parallels has not been upgraded for a while, so I am trying some other VMS and VirtualBox was highly recommended. Particularly, it is provided with the OpenSUSE Linux distribution. This will avoid the problem and allow me to keep up to date with the latest OpenSUSE.
So my question is, how can I convert a Parallels VM into a Virtual Box one?