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Event ID: 4018 Source: MSExchangeIMC

Source
Level
Description
Unable to start the Internet Mail Service because MAPI could not be initialized.
Comments
 
Several things can cause this event. Check the following articles to fix your problem: ME157042, ME163243, ME186739, ME192540, ME262939, ME316616, and ME325046.
Sending mail while the Exchange services are still loading seems to trigger this event and event 4116: "An error was returned from the messaging software the Internet Mail Service uses to process messages on the Microsoft Exchange Server. It is possible that the piece of mail being processed at the time will be returned to the sender as a failed delivery instead of being delivered. The message will be moved to the "BAD" folder, if possible, and the error is not a temporary error. Otherwise it will be retried when the service is restarted. Use the appropriate utilities found in the SUPPORT directory of your Exchange CD to view and manipulate messages that have been moved to the "BAD" folder.

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