This article explains a possible solution for the following error displayed in an image backup log:

Backup aborted! - Unable to read from disk - Error Code 121 - The semaphore timeout period has expired


The problem is likely to be caused by a file system problem on the source drive that is being imaged.

Run 'chkdsk c: /r' from a command prompt.
Note: Replace 'c:' with the drive letter that you are imaging.






Note: The '/r' switch is important and will cause the entire file system to be checked for bad sectors. This will require a reboot to complete and may take some time.

To open a command prompt: 

Enter 'Y' if you receive the 'schedule this volume..' message.