You get this in system events?

The description for Event ID 10016 from source Microsoft-Windows-DistributedCOM cannot be found. Either the component that raises this event is not installed on your local computer or the installation is corrupted. You can install or repair the component on the local computer.

If the event originated on another computer, the display information had to be saved with the event.

The following information was included with the event:

LocalHost (Using LRPC)

open regedit and right click on HKEY_CLASSES_ROOT select find and search for that clsid (in my case D9B257A6-C7FC-4B76-9824-599466B69D3B and AD65A69D-3831-40D7-9629-9B0B50A93843)

Note the the name of the clsid (im my case sms host agent).

Open Component Services. Got oStart –> Control Panel –> Administrative Tools –> Components Services. Expand the Component Services branch then expand Computers, My Computer and DCOM Config. Right-click on “sms agent host” (my case) and click Properties. Click on the Security tab and under “Launch and Activation Permissions” select “edit” and add user Local Service (Local lunch). Click OK, close the Component Services window. The error should vanish.

Do a restart (its a feature of Ms Windows)