OK, so far I\'ve uninstalled & re installed Office-2010 3 to 4 times, done hours of research for 3 days with no success. I started getting this error either from Vbscript or
I know I'm answering late on this, but I resolved a similar issue (same error but running excel from a .Net app) by making sure VBA was installed correctly on the target machine.
Control Panel->Programs and Features->Uninstall a Program... find your Office install, Right-click and select "change" ->Add Remove Features->Office Shared Features->Visual Basic for Applications->Run From My Computer
This did it for me.