"Nexus Mod Manager has encountered a problem and needs to close&#3

[InkognitoV]

I have been encountering an issue with the Nexus Mod Manager, both in version 0.44.3 and 0.44.4

 

Here is a screen cap of the error message I recieve whenever I open it:

 

http://img560.imageshack.us/img560/4011/nmmerror.png

 

Can someone please tell me how to fix it? Thank you.