Can't render in H.264

Actually, I am having a similar problem(was hoping this post was going to solve it! haha)

I'm trying to render out a :30 main concept file but it gives me an error message after I okay all the settings and hit render(says it cannot determine the problem).

When I render out using a different codec or format it works fine... but for some reason the main concept kept failing me. Almost screwed me with a client the other day.
 
Are you selecting a saved profile? I know that profiles saved in previous versions of Vegas sometimes give problems.
 
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