Create item template error

I am trying to create an email item from an outlook template using java script.

I am getting the following error:

Error: Cannot open file: \\prodsrv\inetpub\wwwroot\CP\cp2.oft. The file may not exist, you may not have permission to open it, or it may be open in another program. Right-click the folder that contains the file, and then click Properties to check your permissions for the folder.

Please help.