Jeff,
If you want to transfer all of the parameters (Four Corner, Properties, Behaviors, Filters…etc.) make a duplicate (select clip and hit the command & D keys) of your clip. Find your new clip in the File Browser and drag it over to your Project Pane or Timeline. Hover the curser over the clip and the curser arrow will turn into a curved/hocked shaped arrow. Drop the new clip on the old and it takes on all of the old clips parameters.
If you want to apply certain parameters such as the Four Corner select it/them in the Inspector. Drag it over to the clip like you would in the example above.
Behaviors can be copied and pasted onto other clips. Hope this helps.
Stephen Smith
Lone Peak Producitons
Check out my DVD Money Making Graphics & Effects for Final Cut Studio 2