The server licensing rights have been expanded, allowing you to install an instance of Essentials on your physical server to run the Hyper-V role (with none of the other roles and features of the Essentials Experience installed)
You can try removing them but more than likely the host will need to be reinstalled. You could save the VHD for guest somewhere, reinstall the host OS, add hyper-v role, Copy the VHD back. Then create a new VM on with an identical configuration as existing, then when you get to step Connect Virtual Hard Disk choose Use an existing virtual hard disk and point to the VHD.
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