JavaEE agent to monitor Weblogic error: Permanent generation is full... increase MaxPermSize (4327188)

Receiving the following error when deploying the JavaEE agent to monitor Weblogic

Permanent generation is full... increase MaxPermSize

Error deploying Internal Application: java.lang.OutOfMemoryError: PermGen space
weblogic.application.utils.StateChangeException: java.lang.OutOfMemoryError: PermGen space
        at weblogic.application.utils.StateMachineDriver.nextState(StateMachineDriver.java:34)
        at weblogic.application.internal.BackgroundDeploymentService$BackgroundDeployAction.run(BackgroundDeploymentService.java:119)
        at weblogic.work.ServerWorkManagerImpl$WorkAdapterImpl.run(ServerWorkManagerImpl.java:518)
        at weblogic.work.ExecuteThread.execute(ExecuteThread.java:209)
        at weblogic.work.ExecuteThread.run(ExecuteThread.java:181)
java.lang.OutOfMemoryError: PermGen space