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]
(..) to shut up that's the trick. Oh! - T - Okay, you two, head for the exit! I'll take care ofthe dragon. Run! - - - T (..)2001 Shrek
(..) That's what all the other knights did. . That's not the point. Oh! Wait. Where are you going? The exit's over there. Well, I have to save my ass. What kind of knight are you? One ofa kind. . . . (..)2001 Shrek