Abstract: A clamp assembly selectively grips material. The clamp assembly includes a housing, a gripping assembly and means for connecting the clamp assembly to an object. The housing has a first end, a second end, a first portion and a second portion. The first and second portions cooperate to define a material receiving slot. The first portion of the housing has an angular disposed channel and an angular disposed recessed portion. The second portion of the housing has a gripping surface. The gripping assembly is slidably disposed within the channel such that the recessed portion cooperates with the channel to define a travel path so that the gripping assembly can be selectively movable between a biased first position and a second position. In the biased first position, the gripping assembly extends into the material receiving slot. In the second position the gripping assembly is withdrawn from the material receiving slot.