Thank you for the command reference. I will look through that, however I think there is a bug in IOA software 9.8. Look at the CMC setup tab of the IOA's and you will see that Enable DHCP is UNCHECKED and a static IP address is entered. If DHCP is unchecked, its my understanding that this management MAC address should not be showing up in wireshark captures trying to retrieve dhcp addresses every couple of seconds.
Filtering this MAC from DHCP is a good workaround for now but it still unnecessary traffic and something to remember if in the future we move DHCP servers to ensure the mac filter is still in place. Luckily when I moved DHCP servers the Windows Server migration tools did move this over. Once the filter was in place and all the "BAD_ADDRESS" were deleted, no more re-appeared.