Is the enclosing element for objects that define the output for Event Recorder.
Example: 
<?xml version="1.0" encoding="utf-8"?>
 
<component_viewer schemaVersion="0.1" xmlns:xs="http://www.w3.org/2001/XMLSchema-instance" xs:noNamespaceSchemaLocation="Component_Viewer.xsd">
  <component name="MyExample" version="1.0.0"/>    <!-- name and version of the component  -->
 
    <events>
      <group name="My Events Group">
         <component name="MyApp"      brief="My Application"    no="0x00" prefix="EvrNetMM_"    info="Network - System - Dynamic Memory Management"/>
      </group>  
 
      <event id="1" level="API"   property="MyFunction"        value="parameter=%x[val1]"     info="Event on start of MyFunction"  />
      <event id="2" level="Error" property="MyFunctionError"                                  info="Event on error in MyFunction" />
      <event id="3" level="Op"    property="MyFunctionProcess" value="string=%t[val1]"        info="Event on operation in MyFunction"  />
    </events>
 
</component_viewer>