"java.lang.ClassNotFoundException: org.jboss.logmanager.LogManager" during startup of JBoss EAP 5

Issue

The following error occurs during startup of JBoss EAP.

Could not load Logmanager "org.jboss.logmanager.LogManager"
java.lang.ClassNotFoundException: org.jboss.logmanager.LogManager
    at java.net.URLClassLoader$1.run(URLClassLoader.java:202)
    at java.security.AccessController.doPrivileged(Native Method)
    at java.net.URLClassLoader.findClass(URLClassLoader.java:190)
    at java.lang.ClassLoader.loadClass(ClassLoader.java:306)
    at sun.misc.Launcher$AppClassLoader.loadClass(Launcher.java:301)
    at java.lang.ClassLoader.loadClass(ClassLoader.java:247)
    at java.util.logging.LogManager$1.run(LogManager.java:166)
    at java.security.AccessController.doPrivileged(Native Method)
    at java.util.logging.LogManager.<clinit>(LogManager.java:156)
    at java.util.logging.Logger.getLogger(Logger.java:287)
    at sun.management.snmp.util.MibLogger.<init>(MibLogger.java:57)
    at sun.management.snmp.util.MibLogger.<init>(MibLogger.java:42)
    at sun.management.jmxremote.ConnectorBootstrap.<clinit>(ConnectorBootstrap.java:760)
    at sun.management.Agent.startAgent(Agent.java:127)
    at sun.management.Agent.startAgent(Agent.java:239)