I'm a victim of this NetworkManager bug where if it can't reach the dhcp server after some longer amount of time, it gives up. I have a server that is difficult for me to reboot that has gone down because NetworkManager just gives up if something happens to the DHCP server. So, I wrote this watchdog script and put it in my crontab to run every 5 minutes.

#!/bin/bash

if pidof dhclient > /dev/null; then
 logger "dhclient is alive"
else
 logger "dhclient is dead, restart NetworkManager"
 /etc/init.d/NetworkManager restart
fi