Make sure you are fully upgraded to Ableton Suite. The preset won't work on lite or standard. The suite version has much better plugins to make the best possible vocal preset and we refuse to sell anything of poor quality.
Unzip and move .adg file to:
MAC: Macintosh HD/Users/[username]/Music/Ableton/User Library/Presets/Audio Effects/Audio Effect Rack/
In the Browser on the left hand side, navigate to User Library then drop down Presets>AudioEffects>Audio Effect Rack and select the preset.
The error "plugin audio unit V2 unavailable" is normal, so don't be alarmed. Ableton is the only DAW that doesn't have a stock pitch corrector plugin, so we just added autotune by Antares to the chain because its the most common. However if you don't have autotune, you can either buy Autotune or we recommend a free alternative MAutoPitch instead! Whatever you prefer!