net.sourceforge.jtds.jdbc.JtdsConnection.isValid is throwing java.lang.AbstractMethodError in Tomcat 7

Issue

Tomcat can not start with java.lang.AbstractMethodError:

SEVERE: The required Server component failed to start so Tomcat is unable to start.
org.apache.catalina.LifecycleException: Failed to start component [StandardServer[8005]]
    at org.apache.catalina.util.LifecycleBase.start(LifecycleBase.java:162)
    at org.apache.catalina.startup.Catalina.start(Catalina.java:693)
    at sun.reflect.NativeMethodAccessorImpl.invoke0(Native Method)
    at sun.reflect.NativeMethodAccessorImpl.invoke(NativeMethodAccessorImpl.java:62)
    at sun.reflect.DelegatingMethodAccessorImpl.invoke(DelegatingMethodAccessorImpl.java:43)
    at java.lang.reflect.Method.invoke(Method.java:498)
    at org.apache.catalina.startup.Bootstrap.start(Bootstrap.java:294)
    at org.apache.catalina.startup.Bootstrap.main(Bootstrap.java:428)
Caused by: java.lang.AbstractMethodError
    at net.sourceforge.jtds.jdbc.JtdsConnection.isValid(JtdsConnection.java:2833)
    at org.apache.tomcat.jdbc.pool.PooledConnection.validate(PooledConnection.java:455)
    at org.apache.tomcat.jdbc.pool.PooledConnection.validate(PooledConnection.java:394)
    at org.apache.tomcat.jdbc.pool.ConnectionPool.borrowConnection(ConnectionPool.java:794)
    at org.apache.tomcat.jdbc.pool.ConnectionPool.borrowConnection(ConnectionPool.java:648)
    at org.apache.tomcat.jdbc.pool.ConnectionPool.getConnection(ConnectionPool.java:200)
    at org.apache.tomcat.jdbc.pool.DataSourceProxy.getConnection(DataSourceProxy.java:128)
         ....