Media Manager crashes randomly whilst backups were running. (4032636)

Media Manager crashes randomly whilst backups were running.

The System Event logs showed Media Manager crashing and indicated that the installation could be corrupted and that the crash happened as NetVault wasn't able to handle one of it's raised events, because of a corrupt installation.
Here is the System Event log example:

“The description for Event ID 4103 from source NetVault cannot be found. Either the component that raises this event is not installed on your local computer or the installation is corrupted. You can install or repair the component on the local computer.

If the event originated on another computer, the display information had to be saved with the event.

The following information was included with the event:

Client: 'SDC-BACKUP'
Class: 'Media'
Job: 'N/A'
Warnlevel: 'Error'

Command failed, re-initializing driver”