The third type of animation in PowerPoint is called the Exit animation. The various Exit animation effects determine how an animated slide object exit from the slide. For example, the slide objects can fade out or fly off-screen. Of course, both Fade and Fly Out are just two of the many Exit animation effects available. The embedded sample presentation below shows all the Exit animation effects available in PowerPoint 2007, 2003, and 2002 for Windows. This is not the actual PowerPoint presentation. Rather, it's an online presentation converted from PowerPoint to video.
13 01 07 - Basics of Animation: Exit Animations in PowerPoint (Glossary Page)