ORA-22332: a dependent object in schema "string" has errors. string
Cause : Altering the target type causes errors in its dependent object.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Correct the problem in the dependent object and resubmit the statement.
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.