public RadForm1()
        {
            InitializeComponent(); 

            this.radPictureBox1.ContextMenuItemClick += RadPictureBox1_ContextMenuItemClick;
        }

        private void RadPictureBox1_ContextMenuItemClick(object sender, HandledEventArgs e)
        {
            if (sender == this.radPictureBox1.ContextMenuProperties.PasteItem)
            {
                e.Handled = true;
                // Image extractedImage = // get image with transparency; 
                // this.radPictureBox1.Image = extractedImage;
            }
        }

<filter ..>
  <feGaussianBlur .. />
  <feMorphology .. />
  <feGaussianBlur .. />
  <feColorMatrix .. />
  <feComposite .. />
  <feGaussianBlur .. />
  <feDiffuseLighting ...>
	<feDistantLight ... />
  </feDiffuseLighting>
  <feBlend .. />
  <feComposite ../>
  <feSpecularLighting ...>
	<feDistantLight ../>
  </feSpecularLighting>
  <feComposite .. />
</filter>

   at System.Drawing.Graphics.CheckErrorStatus(Int32 status)
   at System.Drawing.Graphics.DrawPath(Pen pen, GraphicsPath path)
   at Telerik.WinControls.Svg.SvgRenderer.DrawPath(Pen pen, GraphicsPath path)
   at Telerik.WinControls.Svg.SvgVisualElement.RenderStroke(ISvgRenderer renderer)
   at Telerik.WinControls.Svg.SvgMarkerElement.RenderStroke(ISvgRenderer renderer)
   at Telerik.WinControls.Svg.SvgVisualElement.RenderFillAndStroke(ISvgRenderer renderer)
   at Telerik.WinControls.Svg.SvgVisualElement.Render(ISvgRenderer renderer, Boolean renderFilter)
   at Telerik.WinControls.Svg.SvgVisualElement.Render(ISvgRenderer renderer)
   at Telerik.WinControls.Svg.SvgElement.RenderChildren(ISvgRenderer renderer)
   at Telerik.WinControls.Svg.SvgVisualElement.Render(ISvgRenderer renderer, Boolean renderFilter)
   at Telerik.WinControls.Svg.SvgGroup.Render(ISvgRenderer renderer)
   at Telerik.WinControls.Svg.SvgElement.RenderChildren(ISvgRenderer renderer)
   at Telerik.WinControls.Svg.SvgVisualElement.Render(ISvgRenderer renderer, Boolean renderFilter)
   at Telerik.WinControls.Svg.SvgGroup.Render(ISvgRenderer renderer)
   at Telerik.WinControls.Svg.SvgElement.RenderChildren(ISvgRenderer renderer)
   at Telerik.WinControls.Svg.SvgVisualElement.Render(ISvgRenderer renderer, Boolean renderFilter)
   at Telerik.WinControls.Svg.SvgGroup.Render(ISvgRenderer renderer)
   at Telerik.WinControls.Svg.SvgElement.RenderChildren(ISvgRenderer renderer)
   at Telerik.WinControls.Svg.SvgElement.Render(ISvgRenderer renderer)
   at Telerik.WinControls.Svg.SvgFragment.Render(ISvgRenderer renderer)
   at Telerik.WinControls.Svg.SvgDocument.Draw(Int32 rasterWidth, Int32 rasterHeight)
   at Telerik.WinControls.RadSvgImage.GetRasterImage(Int32 width, Int32 height, Boolean cache)
   at Telerik.WinControls.Primitives.ImagePrimitiveImpl.PaintZoomSvgImage(IGraphics graphics, RadSvgImage svgImage, RectangleF rect, Single opacity, Size svgImageSize)
   at Telerik.WinControls.UI.PictureBoxCanvasElement.PaintOwnerSvgImage(IGraphics graphics)
   at Telerik.WinControls.UI.PictureBoxCanvasElement.PaintElement(IGraphics graphics, Single angle, SizeF scale)
   at Telerik.WinControls.RadElement.DoOwnPaint(IGraphics graphics, Single angle, SizeF scale)
   at Telerik.WinControls.RadElement.Paint(IGraphics graphics, Rectangle clipRectangle, Single angle, SizeF scale, Boolean useRelativeTransformation)
   at Telerik.WinControls.RadItem.PaintOverride(IGraphics screenRadGraphics, Rectangle clipRectangle, Single angle, SizeF scale, Boolean useRelativeTransformation)
   at Telerik.WinControls.RadElement.PaintChild(RadElement child, IGraphics graphics, Rectangle clipRectange, Single angle, SizeF scale, Boolean useRelativeTransformation)
   at Telerik.WinControls.RadElement.PaintChildren(IGraphics graphics, Rectangle clipRectange, Single angle, SizeF scale, Boolean useRelativeTransformation)
   at Telerik.WinControls.VisualElement.PaintChildren(IGraphics graphics, Rectangle clipRectange, Single angle, SizeF scale, Boolean useRelativeTransformation)
   at Telerik.WinControls.RadElement.Paint(IGraphics graphics, Rectangle clipRectangle, Single angle, SizeF scale, Boolean useRelativeTransformation)
   at Telerik.WinControls.RadItem.PaintOverride(IGraphics screenRadGraphics, Rectangle clipRectangle, Single angle, SizeF scale, Boolean useRelativeTransformation)
   at Telerik.WinControls.RadElement.PaintChild(RadElement child, IGraphics graphics, Rectangle clipRectange, Single angle, SizeF scale, Boolean useRelativeTransformation)
   at Telerik.WinControls.RadElement.PaintChildren(IGraphics graphics, Rectangle clipRectange, Single angle, SizeF scale, Boolean useRelativeTransformation)
   at Telerik.WinControls.VisualElement.PaintChildren(IGraphics graphics, Rectangle clipRectange, Single angle, SizeF scale, Boolean useRelativeTransformation)
   at Telerik.WinControls.RadElement.Paint(IGraphics graphics, Rectangle clipRectangle, Single angle, SizeF scale, Boolean useRelativeTransformation)
   at Telerik.WinControls.RadItem.PaintOverride(IGraphics screenRadGraphics, Rectangle clipRectangle, Single angle, SizeF scale, Boolean useRelativeTransformation)
   at Telerik.WinControls.RadControl.OnPaint(PaintEventArgs e)
   at System.Windows.Forms.Control.PaintWithErrorHandling(PaintEventArgs e, Int16 layer)
   at System.Windows.Forms.Control.WmPaint(Message& m)
   at System.Windows.Forms.Control.WndProc(Message& m)
   at System.Windows.Forms.ScrollableControl.WndProc(Message& m)
   at Telerik.WinControls.RadControl.WndProc(Message& m)
   at System.Windows.Forms.Control.ControlNativeWindow.OnMessage(Message& m)
   at System.Windows.Forms.Control.ControlNativeWindow.WndProc(Message& m)
   at System.Windows.Forms.NativeWindow.DebuggableCallback(IntPtr hWnd, Int32 msg, IntPtr wparam, IntPtr lparam)

this.radLabel1.LabelElement.Image = Properties.Resources.giphy;