Rate limiting using QoS policing and shaping

Question:

I have a requirement to rate-limit Cisco 3560V2 Price traffic to 10MB over a metro Ethernet connection.  All traffic from the remote site to corporate should be limited to 10MB and the traffic from corporate to the remote network should be limited to 10MB as well.

I have the configuration as follows and my question is whether I need to shape the traffic outbound from the switch since policing is not an option.  It's probably a better idea to police closer to Corp but we would rather keep the config off of that equipment.  Does anyone have any comments on whether this is viable solution or suggestions for improving/simplifying?

Answer:

Your commands syntax is the generic IOS, be aware it varies depending on the platform.

You are using a ME-3400 - I don't have any available so please test before deploying.

But in general,Cisco 3560V2  it should work if the commands are accepted.