Team Coding and TFS Issue

I am trying to set up Team Coding with TFS.
I am using Toad 11.00.116
The DBA has created the Team Coding Objects and Team Coding Support v7.0 is installed according to Team Coding Status.
My user has been granted the TOAD_TC_ADMIN, but not with Admin option.
GRANT TOAD_TC_ADMIN TO JUSER;
When I click on the Configure Team Coding menu item I get a dialog that tells me that Settings are read only. For read/write privileges, you must have the Team Coding Administrator role…
But I have that role, what is going on? Yes, I have logged out and back in without luck.

Thanks,
Jim