Are the following three paragraphs exerpted from The News & Records Online Service- User Terms of Service and Content Submission Agreement examples of whats mine is mine and whats yours becomes mine?
Copyright Notice
The Online Service web sites are provided for your personal use only. Other than content that users submit in accordance with the terms of this Agreement, most of the material on the Online Service web sites, including graphics, text, design, buttons, logos, images, and icons, as well as the selection, assembly, and arrangement of the Online Service web sites, are the sole property of the News & Record or its affiliates. Users of the Online Service may not modify, reproduce, republish, or distribute any material from the Online Service web sites in any form without the prior written permission of the News & Record or the original copyright holder.

License
By submitting Content to the Online Service, you grant us a royalty-free, perpetual, irrevocable, nonexclusive right and license to use, copy, modify, display, archive, store, distribute, reproduce and create derivative works from such Content, in any form, media (print, electronic or otherwise), software or technology of any kind now existing or developed in the future.
Take-Down Policy
Moreover, we reserve the right to reject, delete, disable, or remove any Content at any time, for the reasons set forth above, for any other reason, or for no reason.
Is that right?
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