It's me again. Here's my complete log. Maybe it will help you find out what's happening.
Tue Dec 11 02:41:40 2012 NOTE: OpenVPN 2.1 requires '--script-security 2' or higher to call user-defined scripts or executables
Tue Dec 11 02:41:40 2012 Control Channel Authentication: using 'C:\Program Files\OpenVPN\keys\client\ta.key' as a OpenVPN static key file
Tue Dec 11 02:41:40 2012 Outgoing Control Channel Authentication: Using 160 bit message hash 'SHA1' for HMAC authentication
Tue Dec 11 02:41:40 2012 Incoming Control Channel Authentication: Using 160 bit message hash 'SHA1' for HMAC authentication
Tue Dec 11 02:41:40 2012 Socket Buffers: R=[65536->65536] S=[65536->65536]
Tue Dec 11 02:41:40 2012 Attempting to establish TCP connection with [AF_INET]10.1.2.3:1194 [nonblock]
Tue Dec 11 02:41:41 2012 TCP connection established with [AF_INET]10.1.2.3:1194
Tue Dec 11 02:41:41 2012 TCPv4_CLIENT link local: [undef]
Tue Dec 11 02:41:41 2012 TCPv4_CLIENT link remote: [AF_INET]10.1.2.3:1194
Tue Dec 11 02:41:41 2012 TLS: Initial packet from [AF_INET]10.1.2.3:1194, sid=86fd02a5 eed8f61b
Tue Dec 11 02:41:41 2012 VERIFY OK: depth=1, C=RU, ST=TOWN, L=Town, O=NetworkOne, OU=NetworkOneNet, CN=NetworkOne, name=NetworkOne, emailAddress=admin@NetworkOne.local
Tue Dec 11 02:41:41 2012 Validating certificate key usage
Tue Dec 11 02:41:41 2012 ++ Certificate has key usage 00a0, expects 00a0
Tue Dec 11 02:41:41 2012 VERIFY KU OK
Tue Dec 11 02:41:41 2012 Validating certificate extended key usage
Tue Dec 11 02:41:41 2012 ++ Certificate has EKU (str) TLS Web Server Authentication, expects TLS Web Server Authentication
Tue Dec 11 02:41:41 2012 VERIFY EKU OK
Tue Dec 11 02:41:41 2012 VERIFY OK: depth=0, C=RU, ST=TOWN, L=Town, O=NetworkOne, OU=NetworkOneNet, CN=NetworkOne, name=server, emailAddress=admin@NetworkOne.local
Tue Dec 11 02:41:42 2012 Data Channel Encrypt: Cipher 'BF-CBC' initialized with 128 bit key
Tue Dec 11 02:41:42 2012 Data Channel Encrypt: Using 160 bit message hash 'SHA1' for HMAC authentication
Tue Dec 11 02:41:42 2012 Data Channel Decrypt: Cipher 'BF-CBC' initialized with 128 bit key
Tue Dec 11 02:41:42 2012 Data Channel Decrypt: Using 160 bit message hash 'SHA1' for HMAC authentication
Tue Dec 11 02:41:42 2012 Control Channel: TLSv1, cipher TLSv1/SSLv3 DHE-RSA-AES256-SHA, 1024 bit RSA
Tue Dec 11 02:41:42 2012 [NetworkOne] Peer Connection Initiated with [AF_INET]10.1.2.3:1194
Tue Dec 11 02:41:44 2012 SENT CONTROL [NetworkOne]: 'PUSH_REQUEST' (status=1)
Tue Dec 11 02:41:44 2012 PUSH: Received control message: 'PUSH_REPLY,redirect-gateway,route 192.168.137.1,topology net30,ping 10,ping-restart 120,ifconfig 192.168.137.6 192.168.137.5'
Tue Dec 11 02:41:44 2012 OPTIONS IMPORT: timers and/or timeouts modified
Tue Dec 11 02:41:44 2012 OPTIONS IMPORT: --ifconfig/up options modified
Tue Dec 11 02:41:44 2012 OPTIONS IMPORT: route options modified
Tue Dec 11 02:41:44 2012 ROUTE_GATEWAY 10.1.2.1/255.255.255.0 I=12 HWADDR=50:e5:49:57:7f:e7
Tue Dec 11 02:41:44 2012 do_ifconfig, tt->ipv6=0, tt->did_ifconfig_ipv6_setup=0
Tue Dec 11 02:41:44 2012 open_tun, tt->ipv6=0
Tue Dec 11 02:41:44 2012 TAP-WIN32 device [Network Connection] opened: \\.\Global\{3F5D52A2-E52F-44B0-843C-C8ECDD53DF2A}.tap
Tue Dec 11 02:41:44 2012 TAP-Windows Driver Version 9.9
Tue Dec 11 02:41:44 2012 Notified TAP-Windows driver to set a DHCP IP/netmask of 192.168.137.6/255.255.255.252 on interface {3F5D52A2-E52F-44B0-843C-C8ECDD53DF2A} [DHCP-serv: 192.168.137.5, lease-time: 31536000]
Tue Dec 11 02:41:44 2012 Successful ARP Flush on interface [17] {3F5D52A2-E52F-44B0-843C-C8ECDD53DF2A}
Tue Dec 11 02:41:49 2012 TEST ROUTES: 2/2 succeeded len=1 ret=1 a=0 u/d=up
Tue Dec 11 02:41:49 2012 C:\Windows\system32\route.exe ADD 10.1.2.3 MASK 255.255.255.255 10.1.2.1 IF 12
Tue Dec 11 02:41:49 2012 Route addition via IPAPI succeeded [adaptive]
Tue Dec 11 02:41:49 2012 C:\Windows\system32\route.exe DELETE 0.0.0.0 MASK 0.0.0.0 10.1.2.1
Tue Dec 11 02:41:49 2012 Route deletion via IPAPI succeeded [adaptive]
Tue Dec 11 02:41:49 2012 C:\Windows\system32\route.exe ADD 0.0.0.0 MASK 0.0.0.0 192.168.137.5
Tue Dec 11 02:41:49 2012 Route addition via IPAPI succeeded [adaptive]
Tue Dec 11 02:41:49 2012 C:\Windows\system32\route.exe ADD 192.168.137.1 MASK 255.255.255.255 192.168.137.5
Tue Dec 11 02:41:49 2012 Route addition via IPAPI succeeded [adaptive]
Tue Dec 11 02:41:49 2012 Initialization Sequence Completed
Tue Dec 11 02:42:07 2012 read TCPv4_CLIENT: Connection timed out (WSAETIMEDOUT) (code=10060)
Tue Dec 11 02:42:07 2012 Connection reset, restarting [-1]
Tue Dec 11 02:42:07 2012 SIGUSR1[soft,connection-reset] received, process restarting
Tue Dec 11 02:42:07 2012 Restart pause, 5 second(s)
Tue Dec 11 02:42:12 2012 NOTE: OpenVPN 2.1 requires '--script-security 2' or higher to call user-defined scripts or executables
Tue Dec 11 02:42:12 2012 Socket Buffers: R=[65536->65536] S=[65536->65536]
Tue Dec 11 02:42:12 2012 Attempting to establish TCP connection with [AF_INET]10.1.2.3:1194 [nonblock]
Tue Dec 11 02:42:22 2012 TCP: connect to [AF_INET]10.1.2.3:1194 failed, will try again in 5 seconds. Error 0x0000008a: The system tried to join a drive to a directory on a joined drive.
Tue Dec 11 02:42:38 2012 TCP: connect to [AF_INET]10.1.2.3:1194 failed, will try again in 5 seconds. Error 0x0000008a: The system tried to join a drive to a directory on a joined drive.
Tue Dec 11 02:42:53 2012 TCP: connect to [AF_INET]10.1.2.3:1194 failed, will try again in 5 seconds. Error 0x0000008a: The system tried to join a drive to a directory on a joined drive.
Tue Dec 11 02:43:08 2012 TCP: connect to [AF_INET]10.1.2.3:1194 failed, will try again in 5 seconds. Error 0x0000008a: The system tried to join a drive to a directory on a joined drive.
Tue Dec 11 02:43:23 2012 TCP: connect to [AF_INET]10.1.2.3:1194 failed, will try again in 5 seconds. Error 0x0000008a: The system tried to join a drive to a directory on a joined drive.
Tue Dec 11 02:43:38 2012 TCP: connect to [AF_INET]10.1.2.3:1194 failed, will try again in 5 seconds. Error 0x0000008a: The system tried to join a drive to a directory on a joined drive.
OpenVPN was stopped.
Tue Dec 11 02:43:50 2012 C:\Windows\system32\route.exe DELETE 192.168.137.1 MASK 255.255.255.255 192.168.137.5
Tue Dec 11 02:43:50 2012 Route deletion via IPAPI succeeded [adaptive]
Tue Dec 11 02:43:50 2012 C:\Windows\system32\route.exe DELETE 10.1.2.3 MASK 255.255.255.255 10.1.2.1
Tue Dec 11 02:43:50 2012 Route deletion via IPAPI succeeded [adaptive]
Tue Dec 11 02:43:50 2012 C:\Windows\system32\route.exe DELETE 0.0.0.0 MASK 0.0.0.0 192.168.137.5
Tue Dec 11 02:43:50 2012 Route deletion via IPAPI succeeded [adaptive]
Tue Dec 11 02:43:50 2012 C:\Windows\system32\route.exe ADD 0.0.0.0 MASK 0.0.0.0 10.1.2.1
Tue Dec 11 02:43:50 2012 Route addition via IPAPI succeeded [adaptive]
Tue Dec 11 02:43:50 2012 Closing TUN/TAP interface
Tue Dec 11 02:43:50 2012 SIGTERM[hard,init_instance] received, process exiting