[SCOM] Agent installation/upgrade Error 25211 Failed to install performance counters

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If you have some servers where the SCOM Agent is either failing to install or get upgraded (with or without the NOAPM switch) with the following error:
„Error 2511. Failed to install performance Counters.. Error Code -2147024809 (Wrong Parameters)" and in the installation log following error "InstallPerfCountersLib: InstallHealthServicePerfCounters() failed . Error Code: 0x80070057. " you might be having an issue with the SDDL.

Apparently the SCOM installer checks the following registry key HKEY_LOCAL_MACHINE\SYSTEM\CurrentControlSet\Services\EventLog\Security\customsd

If the value is corrupt or an SID is invalid (the account does not exist anymore)  you might get this error.