[Exclaimer.Console.Host has stopped working]

ERROR: System.Configuration.ConfigurationErrorsException: An error occurred creating the configuration section handler for userSettings/Exclaimer.Console.Host.Engine.Properties.Settings: Could not load file or assembly 'System, Version=4.0.0.0, Culture=neutral, PublicKeyToken=b77a5c561934e089' or one of its dependencies. The system cannot find the file specified. (C:\Users\administrator.TMGAINC\AppData\Local\Exclaimer_Ltd\Exclaimer.Console.Host.ex_StrongName_vghfkm0lb30qe0acnecircqk2wolr552\2.0.3.0\user.config line 5) ---> System.IO.FileNotFoundException: Could not load file or assembly 'System, Version=4.0.0.0, Culture=neutral, PublicKeyToken=b77a5c561934e089' or one of its dependencies. The system cannot find the file specified.
File name: 'System, Version=4.0.0.0, Culture=neutral, PublicKeyToken=b77a5c561934e089'
at System.Configuration.TypeUtil.GetTypeWithReflectionPermission(IInternalConfigHost host, String typeString, Boolean throwOnError)
at System.Configuration.RuntimeConfigurationRecord.RuntimeConfigurationFactory.Init(RuntimeConfigurationRecord configRecord, FactoryRecord factoryRecord)
at System.Configuration.RuntimeConfigurationRecord.RuntimeConfigurationFactory.InitWithRestrictedPermissions(RuntimeConfigurationRecord configRecord, FactoryRecord factoryRecord)
at System.Configuration.RuntimeConfigurationRecord.CreateSectionFactory(FactoryRecord factoryRecord)
at System.Configuration.BaseConfigurationRecord.FindAndEnsureFactoryRecord(String configKey, Boolean& isRootDeclaredHere)

WRN: Assembly binding logging is turned OFF.
To enable assembly bind failure logging, set the registry value [HKLM\Software\Microsoft\Fusion!EnableLog] (DWORD) to 1.
Note: There is some performance penalty associated with assembly bind failure logging.
To turn this feature off, remove the registry value [HKLM\Software\Microsoft\Fusion!EnableLog].

— End of inner exception stack trace —
at System.Configuration.BaseConfigurationRecord.FindAndEnsureFactoryRecord(String configKey, Boolean& isRootDeclaredHere)
at System.Configuration.BaseConfigurationRecord.GetSectionRecursive(String configKey, Boolean getLkg, Boolean checkPermission, Boolean getRuntimeObject, Boolean requestIsHere, Object& result, Object& resultRuntimeObject)
at System.Configuration.BaseConfigurationRecord.GetSection(String configKey)
at System.Configuration.ClientConfigurationSystem.System.Configuration.Internal.IInternalConfigSystem.GetSection(String sectionName)
at System.Configuration.ConfigurationManager.GetSection(String sectionName)
at System.Configuration.ClientSettingsStore.ReadSettings(String sectionName, Boolean isUserScoped)
at System.Configuration.LocalFileSettingsProvider.GetPropertyValues(SettingsContext context, SettingsPropertyCollection properties)
at System.Configuration.SettingsBase.GetPropertiesFromProvider(SettingsProvider provider)
at System.Configuration.SettingsBase.GetPropertyValueByName(String propertyName)
at System.Configuration.SettingsBase.get_Item(String propertyName)
at System.Configuration.ApplicationSettingsBase.GetPropertyValue(String propertyName)
at System.Configuration.ApplicationSettingsBase.get_Item(String propertyName)
at Exclaimer.Console.Host.Engine.Properties.Settings.get_Item(String propertyName)
at Exclaimer.Console.Host.Engine.ConsoleHostApplication.UpgradeSettings()
at Exclaimer.Console.Host.Engine.ConsoleHostApplication..ctor(String[] args)
at Exclaimer.Console.Host.Engine.ConsoleHostApplication.Run(String[] args)
at Exclaimer.Console.Host.Program.Main(String[] args)​