Ekkehard gave a good explanation of the problem, namely that Null cannot be implicitly converted to a string. Now here is a way solve the issue.
Before trying to use objProcess.ExecutablePath check if it is null:
For Each objProcess in colProcess
if not isnull(objProcess.ExecutablePath) then
MsgBox objProcess.ExecutablePath
'If InStr(objProcess.ExecutablePath, "EASE") <> 0 Then
' MsgBox("TERMINATING")
' objProcess.Terminate()
'End If
end if
Next