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Device and method for holding a tool bit

  • US 9,517,548 B2
  • Filed: 11/19/2012
  • Issued: 12/13/2016
  • Est. Priority Date: 02/26/2008
  • Status: Active Grant
First Claim
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1. A device for holding a bit for a tool comprising:

  • a housing including;

    a base adapted to be secured to a support surface;

    a first leg and a second leg extending outwardly from the base in generally a same direction;

    a slot defined between the first and second legs, wherein a region of the slot is adapted to receive a portion of a shank of the bit therethrough, said slot having a width;

    an adjustment assembly engageable with the first and second legs and being movable between a first position and a second position;

    wherein movement of the adjustment assembly from the second position to the first position causes a portion of the second leg to move toward the first leg, thereby reducing the width of the region of the slot; and

    movement of the adjustment assembly from the first position to the second position causes the portion of the second leg to move away from the first leg, thereby increasing the width of the region of the slot;

    wherein the second leg is disposed substantially parallel to the first leg when the adjustment assembly is in the second position; and

    the second leg is disposed at an angle relative to the first leg when the adjustment assembly is in the first position; and

    when the adjustment assembly is in the first position the shank of the bit is clamped in the region of the slot, and when the adjustment assembly is in the second position, the shank is not clamped in the region of the slot.

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