Fail is the opposite of Exceed. Exceed is a synonym of Pass. Pass is a type of License. License is related to Name. 
Old is related to Flag. Flag is related to Cloth. Cloth is related to Sack. Sack is a synonym of Net. 
Fail <--Antonym--> Exceed <--Synonym--> Pass --IsA--> License <--RelatedTo--> Name 
Old <--RelatedTo--> Flag <--RelatedTo--> Cloth <--RelatedTo--> Sack <--Synonym--> Net 