Apple Color 1.0 - Manual (Page 266)

266 Chapter 13 Managing Corrections and Grades
3 Make the grade you want to save the currently selected grade for that shot.
4 Type a name for the saved correction into the File field underneath the corrections bin
(this step is optional).
5 Click the Save button (in the bottom right-hand corner of the Grades bin).
The grade is saved to the Grades bin.
The grade is saved with a thumbnail from the shot it was saved from. Once you’ve
saved a grade, deleting, organizing, and applying grades is identical to deleting,
organizing, and applying saved corrections, covered previously.
Grades are saved to the /Users/username/Library/Application Support/Color/Grades
directory.
Deleting Saved Corrections and Grades
You can delete saved corrections you no longer need.
To delete a saved correction or grade:
1 Select a correction in any bin.
2 Press Delete or Forward Delete.
3 When the warning dialog appears, click Yes.
The selected correction is deleted, both from Color and from disk. This is not undoable.