Exhibit 10.2 NewPage - Executed ABL Agreement

Collateral under such policies of insurance, with such insurance companies, in such amounts,
with such deductibles, and covering such risks as are carried or maintained under similar
circumstances by Persons of established reputation engaged in similar businesses. Each such
policy of insurance shall (i) name Administrative Agent, for the benefit of the Secured Parties, as
an additional insured thereunder as its interests may appear, (ii) in the case of each property
insurance policy, contain a loss payable clause or endorsement, satisfactory in form and
substance to Administrative Agent, that names Administrative Agent, for the benefit of the
Secured Parties, as the loss payee thereunder and Credit Parties shall use commercially
reasonable efforts to cause such endorsement to provide for at least thirty days’ prior written
notice to the Administrative Agent of any modification or cancellation of such policy; provided
that, in the event that such endorsement does not provide for such notice to the Administrative
Agent, the Borrower shall provide for at least thirty days’ prior written notice to Administrative
Agent of any modification or cancellation of such policy.
SECTION 5.06 Books and Records; Inspections. Each Credit Party will, and will
cause each of its Subsidiaries to, keep proper books of record and accounts in which full, true
and correct entries, in accordance with customary practices for Persons engaged in similar
businesses, shall be made of all material financial dealings and transactions in relation to its
business and activities. Each Credit Party will, and will cause each of its Subsidiaries to, permit
any authorized representatives designated by the Administrative Agent, Co-Collateral Agents
(or, if an Event of Default has occurred and is continuing, any Lender) (including employees of
the Administrative Agent or Co-Collateral Agents or any consultants, accountants, lawyers and
appraisers retained by the Administrative Agent or the Co-Collateral Agents) to:
(i) visit and inspect any of the properties of any Credit Party and any of its respective
Subsidiaries, to conduct at the Credit Party’s premises, field examinations of the Credit Party’s
assets, liabilities, books and records contemplated by Section 5.13 or Section 5.14, to inspect,
copy and take extracts from its and their financial and accounting records; provided that in the
case of an inspection (other than an inspection in connection with a field examination
contemplated by Section 5.13 or inventory appraisal contemplated by Section 5.14 which
inspections shall be subject to the limitations set forth in such Section 5.13 and 5.14,
respectively) (a) unless an Event of Default has occurred and is continuing, the Credit Parties
shall bear the expense of not more than one (1) such inspection in any Fiscal Year and (b) the
Credit Parties and the Administrative Agent (or, as applicable, the Lender) shall each cooperate
so that such inspection does not materially disrupt the normal operations of the Credit Parties and
their respective Subsidiaries; and
(ii) discuss its and their affairs, finances and accounts with its and their officers and
independent public accountants, upon reasonable notice and at such reasonable times during
normal business hours and as often as may reasonably be requested.
Notwithstanding the foregoing, neither the Credit Parties nor their respective Subsidiaries shall
have any obligation to disclose (1) materials that are subject to attorney-client privilege or
attorney work product or (2) materials the disclosure of which would violate any confidentiality
obligations of any Credit Party or any such Subsidiary entered into in the ordinary course of
business. The Credit Parties acknowledge that the Administrative Agent, after exercising its
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