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]
(..) - Bogey spotted! - Whiplash, come in hot. - Okay, good, 'cause I'm staring at one right now, and it's about to be blown to kingdom come. That's my exit. Whiplash One, what is it? - You have radio contact? - Then you are clear to engage. - (..)2008 Iron Man
(..) Two craps. Line away. - That's what happens. - Worse things have happened. I think we're gonna be fine. Color me up, William. - This is where I exit. - All right. Tomorrow, don't be late. - Yeah, you can count on it. - I'm serious! I know, I know. (..)2008 Iron Man