Ultimate Branding update crashes site

I’ve reverted back to the 1.8.01 version. The 1.8.02 version, when activated produces the following 2 warnings:

Warning: Invalid argument supplied for foreach() in /home/xxxxx/public_html/wp-content/plugins/ultimate-branding/ultimate-branding-files/modules/site-wide-text-change.php on line 436

Warning: preg_replace(): Parameter mismatch, pattern is a string while replacement is an array in /home/xxxxx/public_html/wp-content/plugins/ultimate-branding/ultimate-branding-files/modules/site-wide-text-change.php on line 439

The first warning is then repeated endlessly, bringing the entire site down.