Issue with ROWTYPE declarations.To replicate:
) Open Toad, open attached TOAD_TEST.sql
2) Click either "Run as Script" or "Compile" and you will recieve the error message as described :
ERROR line 10, col 45, ending_line 10, ending_col 45, Found '%', Expecting: ; -or- .. := DEFAULT NOT NULL -or- CHARACTER -or- .
3) The statement is perfectly valid - and compiles OK in SQLPLUS.