Version 2014/01/10 of package Alegreya contained a typo, the star after \def in line 233 is not correct (probably a mix-up with the syntax for \newcommand).
Version 2014/01/14 has fixed the issue. It takes some time until the TeX distributions are updated.
The real problem is earlier. If you replace the line, where IIT Madras Logo is called (line 68 of the original template), e.g. as in the example, everything works OK. (You don't have this logo, I suppose.)
% (c) 2002 Matthew Boedicker <mboedick@mboedick.org> (original author) http://mboedick.org
% (c) 2003-2007 David J. Grant <davidgrant-at-gmail.com> http://www.davidgrant.ca
% (c) 2008 Nathaniel Johnston <nathaniel@nathanieljohnston.com> http://www.nathanieljohnston.com
% (l) 2012 Arun I B <arunib@smail.iitm.ac.in> http://www.ee.iitm.ac.in/~ee10s026/
%This work is licensed under the Creative Commons Attribution-Noncommercial-Share Alike 2.5 License. To view a copy of this license, visit http://creativecommons.org/licenses/by-nc-sa/2.5/ or send a letter to Creative Commons, 543 Howard Street, 5th Floor, San Francisco, California, 94105, USA.
\documentclass[letterpaper,11pt]{article}
\newlength{\outerbordwidth}
\pagestyle{empty}
\raggedbottom
\raggedright
\usepackage[svgnames]{xcolor}
\usepackage{framed}
\usepackage{times}
\usepackage{tocloft}
\usepackage{graphicx}
\usepackage{multirow}
\usepackage[utf8]{inputenc}
\title{Aparna-CV}
%-----------------------------------------------------------
%Edit these values as you see fit
\setlength{\outerbordwidth}{3pt} % Width of border outside of title bars
\definecolor{shadecolor}{gray}{0.75} % Outer background color of title bars (0 = black, 1 = white)
\definecolor{shadecolorB}{gray}{0.93} % Inner background color of title bars
%-----------------------------------------------------------
%Margin setup
\setlength{\evensidemargin}{-0.25in}
\setlength{\headheight}{0in}
\setlength{\headsep}{0in}
\setlength{\oddsidemargin}{-0.25in}
\setlength{\paperheight}{11in}
\setlength{\paperwidth}{8.5in}
\setlength{\tabcolsep}{0in}
\setlength{\textheight}{9.5in}
\setlength{\textwidth}{7in}
\setlength{\topmargin}{-0.3in}
\setlength{\topskip}{0in}
\setlength{\voffset}{0.1in}
%-----------------------------------------------------------
%Custom commands
\newcommand{\resitem}[1]{\item #1 \vspace{-2pt}}
\newcommand{\resheading}[1]{\vspace{8pt}
\parbox{\textwidth}{\setlength{\FrameSep}{\outerbordwidth}
\begin{shaded}
\setlength{\fboxsep}{0pt}\framebox[\textwidth][l]{\setlength{\fboxsep}{4pt}\fcolorbox{shadecolorB}{shadecolorB}{\textbf{\sffamily{\mbox{~}\makebox[6.762in][l]{\large #1} \vphantom{p\^{E}}}}}}
\end{shaded}
}\vspace{-5pt}
}
\newcommand{\ressubheading}[4]{
\begin{tabular*}{6.5in}{l@{\cftdotfill{\cftsecdotsep}\extracolsep{\fill}}r}
\textbf{#1} & #2 \\
\textit{#3} & \textit{#4} \\
\end{tabular*}\vspace{-6pt}}
%-----------------------------------------------------------
\begin{document}
%-----------------------------------------------------------
%Insert IIT Madras Logo
\begin{tabular*}{7in}{l@{\extracolsep{\fill}}r}
% & \multirow{4}{*}{\includegraphics[scale=0.19]{iitmlogo}}\\ % HERE!
& \multirow{4}{*}{}\\
& \\
%-----------------------------------------------------------
\textbf{\Large Sreekanth $|$ EE10S0600 } & \\
Research Scholar & \\
IIT Madras, Chennai, India \\
ajacob@smail.iitm.ac.in \\
\end{tabular*}
\\
%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
\resheading{Education}
%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
\begin{itemize}
\item
\ressubheading{My University}{My Town, ON}{B.Sc. Physics}{2004 - 2008}
\begin{itemize}
\resitem{Undergraduate Thesis: Why Electron Spins Rule}
\resitem{Graduated with Honours and a XX.X\% average}
\end{itemize}
\item
\ressubheading{My High School}{Hick Town, ON}{High School Diploma}{2000 - 2004}
\begin{itemize}
\resitem{President of Students' Council and captain of the rugby team in senior year}
\resitem{Graduated with a XX.X\% average}
\end{itemize}
\end{itemize}
%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
\resheading{Personal Statement}
%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
\begin{center}
\parbox{6.762in}{I'm the hardest working person I know, and therefore you should hire me. My qualities include blah, blah, and blah. I have lots of experience working with blah, and I am not afraid to blah. In fact, I'm such an amazing person that I can't believe you haven't hired me yet.}
\end{center}
%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
\resheading{Work Experience}
%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
\begin{itemize}
\item
\ressubheading{Calculus I}{My University}{Undergraduate Teaching Assistant}{Sept. 2007 - Apr. 2008}
\begin{itemize}
\resitem{Graded assignments.}
\resitem{Led weekly course seminars.}
\end{itemize}
\item
\ressubheading{Happy Time Farms}{Hick Town, ON}{Farm Hand}{Sept. 2000 - Dec. 2002}
\begin{itemize}
\resitem{Milked cows.}
\resitem{Milked goats.}
\resitem{Milked cats.}
\end{itemize}
\item
\ressubheading{Hick Town Press}{Hick Town, ON}{Paperboy}{June 1996 - Aug. 2000}
\begin{itemize}
\resitem{Delivered the local newspaper to 70 customers every morning.}
\end{itemize}
\end{itemize}
%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
\resheading{Awards, Grants \& Honours}
%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
\vspace{-2pt}
\begin{center}\begin{tabular*}{6.6in}{l@{\extracolsep{\fill}}r}
\multicolumn{2}{c}{Physics Graduation Prize (\$XXX) \cftdotfill{\cftdotsep}2007}\\
\multicolumn{2}{c}{Award of Awesomeness (\$XXX) \cftdotfill{\cftdotsep} 2006}\\
\multicolumn{2}{c}{My University Entrance Scholarship (\$X XXX) \cftdotfill{\cftdotsep}2004}\\
\multicolumn{2}{c}{My High School Grade 12 Physics Award (\$XXX) \cftdotfill{\cftdotsep}2004}\\
\multicolumn{2}{c}{Boy Genius Award (\$XXX) \cftdotfill{\cftdotsep}2003}\\
\vphantom{E}
\end{tabular*}
\end{center}\vspace*{-16pt}
%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
\resheading{Skills}
%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
\begin{itemize}
\item
Programming and Markup Languages
\begin{itemize}
\resitem{{\bf Expert:} CSS, HTML}
\resitem{{\bf Intermediate:} Java, \LaTeX, Python}
\end{itemize}
\item
Software
\begin{itemize}
\resitem{{\bf Expert:} MS Access, MS Excel, MS Word}
\resitem{{\bf Intermediate:} Maple, MATLAB}
\end{itemize}
\item
Other
\begin{itemize}
\resitem{People person, enjoys being challenged, hardworking, smells nice}
\end{itemize}
\end{itemize}
\end{document}
Best Answer
The template uses the
rapport3class as the backend. Consider the following minimal example document:When complied at Overleaf, the same error gets reported. Unfortunately, I can not reproduce the error on the current version of TeX Live (a four days old release from the Debian unstable repository) at my local host, so any further debugging is problematic. On the bright side, this means that this should be just an Overleaf issue.