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]
(..) , , , Kerosene fog. He's using our smoke machines. Cover the exits. No one gets out. The rest of you, follow me. Left. You go right. Spread out. (..)2005 V for Vendetta