Ubuntu: No Exec Line In Session File: Renoise

After following this guide: http://tutorials.renoise.com/Renoise/SettingUpLinux
and setting up an Renoise Xsession I get an error message after loging in:

No exec line in session file: renoise.

Then it reverts to the failsafe gnome session. Here is my renoise.desktop file copy and pasted:

  
[Desktop Entry]  
Encoding=UTF-8   
Name=Renoise   
Comment=This session starts Renoise stand-alone   
Exec=/usr/local/bin/renoise  
Icon=/usr/local/share/icons/hicolor/48x48/apps/renoise.png  
Type=Application  
  

PS: I posted in the Tips&Tricks forum because this is an error related to a Tip&Trick