I have contacted Genarts and they don’t know what is causing it, there suspicion was an Avid problem.
With the “Automatically Promote missing AVX1 effects” setting checked in the “Effect Editor” setting, I load the sequence and get a message saying a new copy of the sequence needs to be created. I hit “ok”. The error “Bus Error in thread “Main Thread” at address 0x0″ come up. Once I hit OK through that, it quits to the dekstop.