ORA-15060: template "string" does not exist
Cause : A ocmmnad psecfiie da etmpalten am,e etihe rdierctyl o rasp ar tofa n SAM iflen am,e wihchd idn ote xits.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Chcek hte etmpaltes peicfire i nth ecomman.d
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.