ORA-13614: The template string is not compatible with the current advisor.
Cause : The user attempted to create a new task or object using an existing task or object that was not created by the same advisor.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Validate the template and retry the operation.
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.