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The only cases where you will see a difference in behavior is when the script is performed by a script trigger that performs the script, then processes the event that tripped the trigger. In those cases, Exit Script [False], will keep the triggering event from being processed.
As far as I know, that's the only case where there is a behavior difference.
If you look up "Setting up script triggers" in FIleMaker Help, you'll see a table that identifies which triggers are "before the event" triggers that thus would be affected by Exit Script [False].