I had the same issue. I bought a Woods 60 inch BrushBull Extreme, and it was shear pinned. Six bolts one day made me start to look around. The dealer wanted $235 for a woods shaft replacement including a slip clutch. Instead I bought the slip clutch add-on from Agri supply. It bolts (with grade eight) to the gearbox input shaft, and accepts the Woods stock pto shaft input, with another gd 8 bolt. No more shearing and I use it very hard at times, in the dirt. It slips and then comes right back up to speed.
Here's the one I bought, and it fit perfectly...
SLIP CLUTCH W/1 3/8SMF M X1 3/8SMOOTH FE - Agri Supply
They have other configurations of it, in case you dont have a 1 3/8 smooth input shaft on your gearbox.
It is my understanding that a SC is rate for the HP of the tractor that is to be used. Do you know what HP this clutch is rated for?