An update for CESerialTerm has been posted as built .exe for Compact 3013 and 7 on Codeplex Downloads page for the project.
Use it to replace the .exe in the original download, which is an OS Subproject.
Https://ceserialterm.codeplex.com
See the second two links on the Downloads page.
Please test and give feedback. If all OK will publish as new version
Source code to be published soon.