A torque converter including: a cover arranged to receive torque from an engine; an impeller; a turbine; an output hub arranged to non-rotatably connect to an input shaft for a transmission; a lockup clutch including an axially displaceable piston plate and arranged to directly connect the cover to the output hub; and a seal system including a pilot portion including first and second channels and a secondary hub non-rotatably connected to the output hub and axially displaceable with respect to the output hub to control flow of pressurized fluid through the first and second channels, or non-rotatably connected to the pilot portion and axially displaceable with respect to the pilot portion to control flow of pressurized fluid through the first and second channels.