Agamben

So, from what I understand, the homer sacer is the individual who lives in this paradoxical state being one who is exiled yet tied/identified as a person due to the law. Interestingly, it is this individual who lives in the same kind of paradoxical state as that of the sovereign who Agamben describes is simultaneously outside and within the laws of society. Or in other words, the sovereign excludes himself above the law since he has the power to suspend the law and create exceptions, yet is intrinsically tied to the law because he is also subjected to the same laws.

Am I following this correctly?