Once you have created a Color Correction effect and have made color correction adjustments to it, you can work with that effect in the same way that you work with any other effect that is applied from the Effect Palette and that appears in the Timeline with an effect icon.

You can save the effect as a template by entering Effect mode, clicking the effect icon in the Effect Editor, and dragging it to a bin in the standard way described in Saving an Effect Template. You can then apply the template to other segments in the sequence or to other sequences. This is useful for applying a Color Correction Effect template quickly to multiple segments.

You can also delete the effect in the standard way by selecting it in Effect mode and pressing the Delete key. For more information, see Deleting Effects in a Sequence. If color corrections that were not applied from the Effect Palette are in the same segment — indicated by colored lines if Color Correction is selected in the Timeline Fast menu — those corrections cannot be deleted in Effect mode. To remove those color corrections, you must enter Color Correction mode and use the Remove Effect button.