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The tutorial explains that Enterprise One now allows users to change the agreement expiration date to an earlier date using the agreement master program. Taylor, a managing associate for a manufacturing company, plans to terminate a supplier agreement sooner due to decreased demand. With the updated program, Taylor can modify the expiration date, ensuring that there are no associated transactions with dates equal to or later than the new expiration date. Additionally, Taylor can set up the program to check if the agreement partner is on credit hold, which would prevent the agreement from being established until the credit hold issue is resolved.