Abstract: A quiet, smoothly operating, one-way clutch assembly for use in an exercise device is provided. The clutch assembly includes a drive member, a drive clutch member operably coupled to the drive member for movement therewith, and a driven member engagable with the drive member. When rotated in a first direction, the drive member engages the driven member to transfer torque therebetween. When rotated in a second direction, the drive member disengages the driven member to permit relative rotation therebetween. The drive clutch member is moveable relative to the drive member to provide a relatively flat surface upon which the driven member may rotate relative to the drive member.