"Using HP ProLiant Network Teaming Software with Microsoft® Windows® Server 2008 Hyper-V or with Microsoft® Windows® Server 2008 Hyper-V R2" HOWTO, 4th edition

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6. After the system reboots, no instances of a teamed device should appear in the Network Control
panel. No references to the HP Network Configuration Utility should appear on the property sheet
(shown below).
7. If Hyper-V has been installed on the system, uninstall it now.
After removing the HP Network Configuration Utility and Hyper-V from the system, begin the
re-installation. Install and enable Hyper-V first; then install the HP Network Configuration Utility.