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If my class map is set as listed below -Bandwidth is 8 Meg, however I am policing at 110 Kbps. So happens to the unused bandwidth? Will it be shared with default?Class-map: af3_output (match-any) 0 packets, 0 bytes 5 minute offered ...
It can be done, one needs to configure a track list.Seehttp://www.cisco.com/c/en/us/td/docs/switches/lan/catalyst3750x_3560x/software/release/12-2_55_se/configuration/guide/3750xscg/sweot.html#wp1078768
You will need to do a RMA license transfer from the faulty switch to the new switch. This can be done online using www.cisco.com/go/license or cisco should be able to do that for you and send a new(permanent) license file if you call them.
