A magnet holder assembly suitable for use as an eddy current drive of a clutch includes magnet holder means for securing one or more magnets to a rotatable component of the clutch, a first permanent magnet radially retained by the magnet holder means, wherein the first permanent magnet has a beveled edge configured to mate with the magnet holder means, and a second permanent magnet radially retained by the magnet holder means. The first permanent magnet and the second permanent magnet have magnetic orientations arranged substantially opposite one another.