I just converted one of my (old) templates, as I wanted to refresh the updates and the virus scanner. After converting, I was asked about the UUID (no clue why), and expected to be done with it. But after looking at the console, I got the following, completely cryptic message:

Unable to connect to MKS
After digging a bit deeper (that is looking at the vmware.log of the virtual machine, since the message of the GUI is real cryptic), I’m a bit wiser:
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After softly shutting the VM down, and the powering the VM back up everything is back to working order.