Event ID: 7024 The SharePoint 2010 Timer service terminated with service-specific error %%-2147467259.
Note: Check the Service Manager in Windows Server 2008, does it showing DCOM Error with Event ID:10016
Resolution:
- Corrected DCOM error following article provided by Victor
http://www.wictorwilen.se/Post/Fix-the-SharePoint-DCOM-10016-error-on-Windows-Server-2008-R2.aspx
- Cleanly stopped sptimerv4 service (not waiting for it to fail, but stopping it from service manager)
- Restarted timer service
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