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The tutorial explains that the enhanced enterprise agreement master program now allows users to change an agreement's expiration date to an earlier date. Taylor, a managing associate at a manufacturing company, needs to terminate a supplier agreement due to decreased demand. The system verifies that no transactions exist with dates equal to or later than the new expiration date. Additionally, when setting up the agreement, the program can validate if the agreement partner is on credit hold, alerting Taylor to delay the agreement setup until the credit hold is resolved. This feature streamlines the management of supplier agreements.