the magnetic coupling system of the present invention overcomes drawbacks experienced by the prior art . a coupling system in accordance with one embodiment of the invention comprises a rotor assembly having a first mount portion connectable to a first shaft . a conductor assembly having a second mount portion is connectable to a second shaft . the second mount portion has first and second sections coupleable to each other and being independently positionable adjacent to the magnet holder . a first electro - conductive member is attached to the first section and positioned adjacent to the magnet holder . a second electro - conductive member is attached to the second section and positioned adjacent to the magnet holder . the first and second electro - conductive members are positioned adjacent to each other and spaced apart from the magnet holder by a gap .