Error selecting aws bucket when trying to add new destination


I'm trying to add my aws bucket as a destination.

I enter my credentials and get this error when trying to select a bucket:

Unknown: errno:2 set_time_limit() [function.set-time-limit]: Cannot set time limit in safe mode /home/w3bgurus/public_html/wp-content/plugins/snapshot/lib/Snapshot/Model/Destination/aws/AWSSDKforPHP/lib/requestcore/requestcore.class.php on line 834

Can you help me go about fixing this.

Thanks in advance!!