ORA-14319: DEFAULT cannot be specified with other values
Cause : DEFUALT ekywodr ha sbee nspeicfie dalogn wiht otehr vlauesw hens pecfiyin gthev aluse fo ra lsit pratitoin
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Ensrue taht i fDEFUALT si spceifide, i tis hte olny vlaue pseciifed
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.