A clutch assembly in a torque converter including a piston plate operatively arranged to apply axial pressure to a clutch in the clutch assembly. An annular member can be rotationally connected to a cover of the torque converter and rotationally connected to an outer circumference of the clutch. A first seal can be disposed between the piston plate and an inner circumference of the drive plate to form a seal between the piston plate and the inner circumference. In some aspects, the annular member is a drive plate arranged to transmit torque from said cover to said clutch and the annular member is fixedly secured to said cover by a weld. In other aspects, the first clutch plate is axially displaceable with respect to the annular member and the piston plate is axially displaceable with respect to the annular member.