Default Nexus lettering peels off when skin is peeled off?

Hey people, so I bought this awesome skin from printavenue. It looks classy though I'm a little confused about one thing.
The sticker lettering that runs inside the nexus engraving on the back of the phone. Will it peel off when I peel off the skin? This skin doesn't have cutouts for the lettering. Click image for larger version

Name:	uploadfromtaptalk1400570195196.jpg
Views:	345
Size:	42.5 KB
ID:	2753404

Sent from my Nexus 5 using Tapatalk
Compassion is the answer
Be the part of the solution..
Motorola Moto G XDA Facebook Group -- Everyone is invited. Bring beer.