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]
(..) in the peaks. We could design the bomb targets in sequence using seismic data. Trigger avalanches. Block all exits, cut off their supplies. You make it impossible for them to launch their hovercraft. Bury them alive. (..)2015 The Hunger Games: Mockingjay - Part 2