Hm mm. Yes and no, I guess.

ex·em·pla·ry P Pronunciation Key (g-zmpl-r)
adj.
Worthy of imitation; commendable: exemplary behavior.
Serving as a model.
Serving as an illustration; typical.
Serving as a warning; admonitory.

[From Middle English exaumplarie, exemplere, an exemplar. See exemplar.]
exem·plari·ly (gzm-plâr-l) adv.
ex·empla·ri·ness or exem·plari·ty (gzm-plr-t) n.

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Source: The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2000 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.

exemplary

adj 1: worthy of imitation; "exemplary behavior"; "model citizens" [syn: model(a)] 2: being or serving as an illustration of a type; "the free discussion that is emblematic of democracy"; "an action exemplary of his conduct"; [syn: emblematic, typic] 3: serving to warn; "shook a monitory finger at him"; "an exemplary jail sentence" [syn: admonitory, cautionary, monitory, warning(a)]