MSMQ endpoint NullReferenceException error

Hi,

We are in process of migrating to Neuron 3.5, however we encountered issues with MSMQ endpoints.

It seems that all Publishing MSMQ endpoints have the same problem; they throw NullReferenceException when trying to read. I managed to isolate the problem with very simple configuration (attached). We tested it on a few of our development/test machines, all with same (error) result. Any ideas what may be wrong? Maybe we are missing some dependency installed on our machines?

Let me know should I provide more details.
Thanks,
Michał

Below is the endpoint log:

2015-11-24 12:56:43.325+01:00 [6] ALWAYS - ESB Trace Log - Machine: - Trace level: Error+Warning+Info+Verbose
2015-11-24 12:56:43.325+01:00 [6] INFO - Starting
2015-11-24 12:56:43.325+01:00 [6] INFO - Service Id = 4c27b038-fc59-4a96-a47e-d22c570b3332
2015-11-24 12:56:43.326+01:00 [6] INFO - Created proxy to control service
2015-11-24 12:56:43.326+01:00 [6] INFO - Retrieved configuration from control service
2015-11-24 12:56:43.330+01:00 [6] INFO - Starting heartbeat thread
2015-11-24 12:56:43.347+01:00 [Heartbeat] INFO - Heartbeat thread is waiting for initialization to complete
2015-11-24 12:56:43.347+01:00 [Heartbeat] INFO - Heartbeat thread is active
2015-11-24 12:56:43.372+01:00 [Heartbeat] INFO - Heatbeat: Creating master control service proxy for 'Endpoint1'
2015-11-24 12:56:43.385+01:00 [6] INFO - Adapter policy: Default
2015-11-24 12:56:43.392+01:00 [6] INFO - Setting up adapter endpoint Endpoint1
2015-11-24 12:56:43.392+01:00 [6] DEBUG - Running under service identity
2015-11-24 12:56:43.392+01:00 [6] INFO - Loading adapter msmq
2015-11-24 12:56:43.409+01:00 [6] INFO - Configuring adapter, mode=Publish
2015-11-24 12:56:43.433+01:00 [6] INFO - Property VerifyConnect = False
2015-11-24 12:56:43.433+01:00 [6] INFO - Property QueuePath = .\Private$\Test
2015-11-24 12:56:43.433+01:00 [6] INFO - Property Transactional = True
2015-11-24 12:56:43.433+01:00 [6] INFO - Property UseActiveXMessageFormatter = False
2015-11-24 12:56:43.433+01:00 [6] INFO - Property Recoverable = False
2015-11-24 12:56:43.433+01:00 [6] INFO - Property StreamMsgBody = True
2015-11-24 12:56:43.433+01:00 [6] INFO - Property ESBTopic = Topic1
2015-11-24 12:56:43.433+01:00 [6] INFO - Property LabelToTopic = False
2015-11-24 12:56:43.433+01:00 [6] INFO - Property IdToMessageId = False
2015-11-24 12:56:43.437+01:00 [6] INFO - Connecting party Publisher1
2015-11-24 12:56:45.278+01:00 [6] INFO - Connecting to adapter
2015-11-24 12:56:45.297+01:00 [17] ERROR - An exception occurred processing the message. Object reference not set to an instance of an object.
System.NullReferenceException: Object reference not set to an instance of an object.
at Neuron.Esb.Adapters.MsmqAdapter.transactionalRead(Boolean logMessageQueueException, TimeSpan ts)
at Neuron.Esb.Adapters.MsmqAdapter.ReceiveThreadRoutine()
2015-11-24 12:56:45.304+01:00 [17] ERROR - An exception occurred processing the message. Object reference not set to an instance of an object.
System.NullReferenceException: Object reference not set to an instance of an object.
at Neuron.Esb.Adapters.MsmqAdapter.transactionalRead(Boolean logMessageQueueException, TimeSpan ts)
at Neuron.Esb.Adapters.MsmqAdapter.ReceiveThreadRoutine()
2015-11-24 12:56:45.305+01:00 [17] ERROR - An exception occurred processing the message. Object reference not set to an instance of an object.
System.NullReferenceException: Object reference not set to an instance of an object.
at Neuron.Esb.Adapters.MsmqAdapter.transactionalRead(Boolean logMessageQueueException, TimeSpan ts)
at Neuron.Esb.Adapters.MsmqAdapter.ReceiveThreadRoutine()
2015-11-24 12:56:45.305+01:00 [17] ERROR - .....