If you add Counters (Picture TC, Audio TC, etc) to a Head Slate, the slate will fail to render. For a file-per-reel deliverable, such as a DVD or File-Per-Real H.264, this will cause the entire deliverable to fail.
For now, we will leave the bug open, pending community input on the usefulness of having this feature.
You can work around it by not using counters in your slates.
For more information on setting up slates & burns, please see [Your FIrst Project] (CORTEX Video Tutorial - Your First Project)