Sharepoint PowerShell error Net Framework

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Symptoms

After you install Microsoft SharePoint Server 2010 and Windows PowerShell 3.0 on a server, you receive one or both of the following error messages when you start SharePoint 2010 Management Shell:

Error message 1

Error message 2

To work around this issue, change the Target field value for SharePoint 2010 Management Shell. To do this, follow these steps:

1. Click Start, and then right-click SharePoint 2010 Management Shell.
2. Click Properties.
3. Click the Shortcut tab in the SharePoint 2010 Management Shell Properties window.
4. Input the following value in the Target field:C:\Windows\System32\WindowsPowerShell\v1.0\powershell.exe -Version 2.0 -NoExit ” & ‘ C:\Program Files\Common Files\Microsoft Shared\Web Server Extensions\14\CONFIG\POWERSHELL\Registration\\sharepoint.ps1 ‘ “