Most fans were surprised by the team's early 'exit' from the tournament. [=surprised that the team lost and was out of the tournament at an early stage]
The company needs to have an 'exit strategy'. [=a plan for ending its involvement when it wants or needs to end it]
The deal provides an 'exit' for the company. [=a way for the company to stop being involved in something]
(..) no trace of Dr. Satan has ever been discovered. But then, who knows? Maybe he lives next door to you. Tour's over. Exit through the doors. That was so bad-ass. Dr. Satan. Ah-hhh, Dr. Satan. Maybe he lives next door to you. Calm down, it was all right. (..)2003 House of 1000 Corpses
(..) right there. Captain Spaulding's Museum of Monsters and Madmen. - Bill: Awesome, great! - Jerry: Fried chicken and gasoline. Next exit, there you go, problem solved and we didn't have to freak out. It was a real big deal. Bill: Dick. All right. (..)2003 House of 1000 Corpses