Yup, that's correct. We can terminate your contract with us and force a transfer out. We can also suspend DNS and email service if you use us and we can be required by the registries or law enforcement to take specific action based on our contract with them and you or national law, but we don't make special carve outs to extend our rights beyond that already provided under law.
http://www.opensrs.com/docs/contracts/exhibita.htm