The password expiration checking mechanism failed to initialize. The service will not be able to monitor the service account ...

The password expiration checking mechanism failed to initialize. The service will not be able to monitor the service account password expiration.

Extended error code is 0x%1 (%2)
Cause: The service account may not have required privileges to access Active Directory.
Resolution:
Check domain controller/global catalog server connectivity and whether the service account has sufficient privileges to access Active Directory. If the problem persists, contact Product Support Services.