One thing to note, Godaddy has acted on those in the past. I've not once seen NameCheap do it. In fact, I've seen them take the legal hit multiple times and had lawsuits filed against them because they didn't move.
These are a few instances of that, NameCheap doesn't budge on their customers rights despite it being in the agreement.
Disclaimer: I know the owner and think he's one of the most respectable people in the domain industry based on my interactions with him over almost a decade now.
http://domainnamewire.com/2011/05/09/namecheap-sued-over-who...
http://www.domainnamenews.com/up-to-the-minute/solidhostnl-s...
http://arstechnica.com/tech-policy/news/2009/09/can-a-mere-d...
These are a few instances of that, NameCheap doesn't budge on their customers rights despite it being in the agreement.
Disclaimer: I know the owner and think he's one of the most respectable people in the domain industry based on my interactions with him over almost a decade now.