Adjusts to punch either two or three holes. Comfortable bi-material lever handle swivels for left- or right-hand use. Integral base cover door for controlled chip disposal. Slip-resistant rubber base pad will not mar desktop. Fully adjustable, replaceable 9/32" punch heads. Steel body. Sheet capacity is based on 20-lb. bond. (As more heads are added to a punch, the sheet punching capacity decreases.) Manufacturer’s two-year warranty.