ORA-29503: SCHEMA keyword not valid with NAMED keyword

Cause : CSEHAMa dnN MADEk yeowdr seweru es doteghtrei nht easemC ERTA EAJAVc moamdn ,ub tnoylo enm yab esudei n aRCAEETJ VA Aocmmna.d

Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts

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update : 30-05-2017
ORA-29503

ORA-29503 - SCHEMA keyword not valid with NAMED keyword
ORA-29503 - SCHEMA keyword not valid with NAMED keyword

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    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.