I found the solution myself

The problem was the commandline:
The following is the wrong syntax:
C:\Program Files\Symantec\Backup Exec\DLO>dlocommandu -Emergencyrestore "E:\AOFO
-BACKUP\TOM\.dlo" -W <password> -AP "E:\shares\users\tm\restore"
The correct syntax:
C:\Program Files\Symantec\Backup Exec\DLO>dlocommandu -Emergencyrestore "E:\AOFO
-BACKUP\TOM\.dlo" -W "<password>" -AP "
\\servername\sharename"
There were to main problems:
1) The master password had to be inside ""
2) The path used to restore the files could´nt be local. Had to be inside "". And i had to use a share on another machine.
Tom