Cutting assembly including clamping assembly

An assembly comprising:

• a punch including a body having a front end and a rear end, the front end having a cutting edge thereon which is configured to cut an associated workpiece, a passageway having a predetermined diameter extending through the body from the front end toward the rear end for receiving a draw stud therethrough, and a counterbore having a predetermined diameter which is larger than the diameter of the passageway and extending from a rear end of the passageway toward the rear end of the body;
• and
• first and second jaws pivotally attached to each other around a pivot, wherein the jaws are in a closed position and engaged with the punch, wherein the jaws are configured to be pivoted around the pivot to the closed position and engaged with the punch, and configured to be pivoted around the pivot to an open position for opening when not engaged with the punch,
• each jaw comprising a main body and a locking nose extending from the main body, wherein for each jaw:
• the main body having an outer surface, an opposite inner surface, a front surface extending to the locking nose, and a rear end between the outer and inner surfaces,
• the locking nose having an outer surface, an inner surface and a front surface extending between the outer and inner surfaces of the locking nose, and
• the inner surface of the locking nose and the inner surface of the main body both having meshing attachment structure formed thereon that together form a jaw meshing attachment structure for intermeshing with meshing attachment structure on the draw stud in the closed position of the jaws,
• the outer surfaces of the main bodies together defining an outer diameter, and the outer surfaces of the locking noses together defining an outer diameter, the outer diameter defined by the locking noses is smaller than the outer diameter defined by the main bodies;
• and
• a spring provided between the first and second jaws,
• wherein the spring biases the jaws into the closed position, and wherein, in the closed position, the engagement of the jaws with the punch includes the locking noses seated within the counterbore of the punch and the front surfaces of the main bodies engaged against the rear end of the body of the punch age.