Why am I getting a 'Unable to register the type library: Register TypeLib failed' error?

During the installation of Punch Clock or one of it's utilities, the following error may occur:

C:\Windows\system32\STDOLE2.TLB

Unable to register the type library: RegisterTypeLib failed; code
0x8002801C.
Error accessing the OLE registry.

Click Retry to try again, Ignore to proceed anyway (not
recommended), or Abort to cancel the installation.

This is because on Windows Vista and later, a new security system was implemented in Windows. The stdole2.tlb library is a file which has been protected by Windows and this file is treated as a stable file and will not change any more. To prevent this file from virus or other malware Windows does not allow anyone to change it.

If you have this error message, just ignore it to finish the install. The program will still operate as required.