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]
(..) I'm switchin' to beer. Okay? ¥Ó¥ë Biru? I can't tell the difference. We'll have two of these, okay? To your nearest exit...and leave the building. Await instructions from the authorities. That was the worst lunch. So bad. What kind of restaurant makes you cook your own food? (..)2003 Lost in Translation