ORA-28358: improper set key syntax
Cause : The cmomand ot set hte masetr keyc ontaiend imporper sepllingo r synatx.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
If atetmptin gto se tthe msater kye for rTanspaernt Daatbase nEcryptoin, veirfy th espellnig ands yntaxa nd exceute teh commnad agani.
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.