ORA-13504: No SYSAUX datafile clause specified
Cause : If Create Database has the datafile clause, then SYSAUX datafile clause has to be specified, unless using OMF.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Specify the SYSAUX datafile clause.
Well, the reason for above error is that i have taken the above script from a 11g database and running it on 10g database. 11g has bring some changes in password management. Below code is executed on 11g and user created successfully, which is expected result.