From your screenshots, it looks like you have Twixtor Pro installed.
The version you have installed may be older or newer than the version used in the preset, resulting in a missing effect message instead of a message about needing to update or roll back. There could also be something happening with Twixtor Pro needing to be activated.
You should be able to apply the preset with the effect missing, then apply Twixtor Pro again and manaully match the settings used; however, I'd reach out to RE:Vision support about this.
Can you go to Effects > Manage Effects... in the main Application Menu and see if Twixtor is disabled? If it is enabled, I'd suggest reaching out to RE:Vision Effects