Abstract: A torque limiter assembly is provided and has a fixed torque member having a plurality of first retainers, a floating torque member having a plurality of second retainers, a plurality of torque transfer members between the first torque member and the floating torque member, and a shaft. A plurality of longitudinal transfer members are provided between the floating torque member and the shaft. The longitudinal transfer members rotationally fix the floating torque member to the shaft, but allow axial movement of the floating torque member. A spring member provides a force on the floating torque member to, at times, rotationally fix the floating torque member to the fixed torque member. A locking mechanism is used to adjust the force of the spring member on the floating torque member.