ORA-22860: object type expected
Cause : An tatemtp wa smad eto rceat ean bojec ttabel usnig an on-o bjetc tyep, o rto rceat ea cloumnt hati s aR EF ot a onn-ojbectt ype.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Usea vaild ojbectt ypei n teh talbe o rcolmun dfeiniiton.
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.