It seems there was an issue with my setup and the typical "Windows" solution did the trick: reboot. After the reboot the agent connected properly. I debugged through the use of the syslog file "/var/logs/syslog" which would fail to show AgentX notifications. Additionally, you can add debug flags on the commandline of any of the net-snmp applications "-DALL" gives you all debugging output.
It is great there is an opensource snmp like net-snmp, but man....it has a steep learning curve. Examples are mostly out of date or incomplete. The website is full of junk and incomplete articles. I had the hardest time finding a simple example of how to build a simple agent. If you are new and you happen to stumble on this post: try the "ifTable" example which helped me a lot.