ChemDraw for Excel: Unable to edit structure present in the ChemOffice worksheet created using prior version

After upgrading the ChemOffice Worksheet (which is created using a previous/prior version) you encounter issues when trying to edit the structure by double-clicking on the structure in the ChemOffice worksheet and may receive an error similar to the following:

If so, you are trying to double click while placing the mouse cursor over the structure, without selecting the cell, or after selecting the cell when the cursor has a palm symbol as below:

You can edit the structure in the ChemOffice Worksheet only if the cursor symbol is a + symbol, and not a palm symbol.