I think issue here is with the confusion between Create Table and Alter Table commands.
If we look at Create table then we can add a default value and default constraint at same time as:
<column_definition> ::= 
column_name <data_type>
    [ FILESTREAM ]
    [ COLLATE collation_name ] 
    [ SPARSE ]
    [ NULL | NOT NULL ]
    [ 
        [ CONSTRAINT constraint_name ] DEFAULT constant_expression ] 
      | [ IDENTITY [ ( seed,increment ) ] [ NOT FOR REPLICATION ] 
    ]
    [ ROWGUIDCOL ]
    [ <column_constraint> [ ...n ] ] 
    [ <column_index> ]
 ex: 
CREATE TABLE dbo.Employee 
(
     CreateDate datetime NOT NULL 
     CONSTRAINT DF_Constraint DEFAULT (getdate())
) 
ON PRIMARY;
you can check for complete definition here:
http://msdn.microsoft.com/en-IN/library/ms174979.aspx
but if we look at the Alter Table definition then with ALTER TABLE ALTER COLUMN you cannot add 
CONSTRAINT the options available for ADD are:
 | ADD 
    { 
        <column_definition>
      | <computed_column_definition>
      | <table_constraint> 
      | <column_set_definition> 
    } [ ,...n ]
Check here: http://msdn.microsoft.com/en-in/library/ms190273.aspx
So you will have to write two different statements one for Altering column as:
ALTER TABLE MyTable ALTER COLUMN CreateDate DATETIME NOT NULL;
and another for altering table and add a default constraint
ALTER TABLE MyTable ADD CONSTRAINT DF_Constraint DEFAULT GetDate() FOR CreateDate;
Hope this helps!!!