Exhibit 10.2 NewPage - Executed ABL Agreement

(a) The Borrower and each other Credit Party shall maintain with one or more
of the Lenders as its principal depository bank, including for the maintenance of operating,
administrative, cash management, collection activity, and other Deposit Accounts for the conduct
of its business. If at any time any such Person that is a principal depository bank is no longer a
Lender, the Credit Parties shall cause another Lender or another financial institution reasonably
acceptable to the Administrative Agent (it being understood that Wells Fargo Bank, National
Association is reasonably acceptable to the Administrative Agent) to be the Credit Parties’
principal depository bank as soon as is practicable, and in any event, within 120 days after such
Person ceases to be a Lender (or such later date that may be agreed in writing by the
Administrative Agent in its Permitted Discretion).
(b) Each Credit Party will maintain such cash management systems and
banking arrangements, including the establishment of Deposit Account Control Agreements, as
required by Section 10 of the Pledge and Security Agreement.
SECTION 5.16 Further Assurances. At any time or from time to time upon the
request of Administrative Agent, each Credit Party will, at its expense, promptly execute,
acknowledge and deliver such further documents and do such other acts and things as
Administrative Agent may reasonably request in order to effect fully the purposes of the Credit
Documents. In furtherance and not in limitation of the foregoing, each Credit Party shall take
such actions as Administrative Agent may reasonably request from time to time to ensure that
the Secured Obligations are guaranteed by the Guarantors and are secured by substantially all of
the Collateral.
SECTION 5.17 Designation of Subsidiaries. The board of directors (or similar
governing body) of Borrower may at any time designate any Restricted Subsidiary or any newly
formed or acquired Subsidiary as an Unrestricted Subsidiary or any Unrestricted Subsidiary as a
Restricted Subsidiary; provided that (i) immediately before and after such designation, no Event
of Default shall have occurred and be continuing, (ii) immediately after giving effect to such
designation, the Net Leverage Ratio shall not exceed 1.75:1.00, (iii) no Subsidiary may be
designated as an Unrestricted Subsidiary if it is a “Restricted Subsidiary” for the purpose of any
Subordinated Indebtedness, the Term Credit Agreement or any Refinancing Indebtedness, (iv) no
Restricted Subsidiary may be designated as an Unrestricted Subsidiary if it was previously
designated an Unrestricted Subsidiary, (v) neither Borrower nor any Borrowing Base Guarantor
may be designated as an Unrestricted Subsidiary, (vi) Borrower shall deliver to Administrative
Agent at least five Business Days prior to such designation a certificate of an Authorized Officer
of Borrower, demonstrating compliance with the foregoing clauses (i) through (v) of this Section
5.17 and, if applicable, certifying that such subsidiary meets the requirements of an “Unrestricted
Subsidiary” and (vi) at least three days prior to the designation of any Unrestricted Subsidiary as
a Restricted Subsidiary, the Lenders shall have received all documentation and other information
required by bank regulatory authorities under applicable “know-your-customer” and anti-money
laundering rules and regulations, including the PATRIOT Act, with respect to such subsidiary (to
the extent requested at least five days prior to the designation). The designation of any
subsidiary as an Unrestricted Subsidiary shall constitute an Investment by Borrower therein at
the date of designation in an amount equal to the fair market value of Borrower’s Investment
therein; provided that upon a redesignation of such subsidiary as a Restricted Subsidiary, if such
newly redesignated Restricted Subsidiary is not a wholly-owned Guarantor Subsidiary, for
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