| CPC B25H 3/04 (2013.01) [B25H 3/022 (2013.01); A47B 3/00 (2013.01); A47B 81/005 (2013.01)] | 10 Claims |

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1. A tool holding mechanism comprising:
(a) a top segment comprising a top back side and a top front side and including at least one upper slot open at the top front side;
(b) a bottom segment comprising a bottom back side and a bottom front side and including at least one lower slot open at the bottom front side;
(c) a back segment comprising a back top side, a back bottom side, a back left side, and a back right side;
(d) a magnet positioned between the top segment and the bottom segment; and
(e) a first left-side band-retention hook and a first right-side band-retention hook;
(f) wherein the top back side is connected to the back top side so that the top segment projects out from the back segment with a facing angle greater than 90 degrees; and
(g) wherein the bottom back side is connected to the back bottom side so that the bottom segment projects out from the back segment with a facing angle of about 90 degrees.
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