Exhibit 10.2 NewPage - Executed ABL Agreement

purposes of Section 6.06(d), Borrower shall be deemed to continue to have an Investment in such
newly redesignated Restricted Subsidiary in an amount (if positive) equal to (i) the lesser of (A)
the fair market value of Investments of Borrower and its Subsidiaries in such Unrestricted
Subsidiary at the time of such redesignation, combination or transfer (or of the assets transferred
or conveyed, as applicable) and (B) the fair market value of Investments of Borrower and its
Subsidiaries made in connection with the designation of such Subsidiary as an Unrestricted
Subsidiary minus (ii) the portion (proportionate to Borrower’s and its Subsidiaries’ Equity
Interest in such Subsidiary) of the fair market value of the net assets of such Subsidiary at the
time of such redesignation. The designation of any Unrestricted Subsidiary as a Restricted
Subsidiary shall constitute the incurrence at the time of designation of any Indebtedness or Liens
of such Subsidiary existing at such time. On the Effective Date, Consolidated Water Power Co.
shall be an Unrestricted Subsidiary.
SECTION 5.18
Post-Closing Obligations.
(a) Promptly but in any event within sixty (60) days following the Effective
Date (or such later date agreed to by the Administrative Agent), the Borrower shall use
commercially reasonable efforts to deliver to the Administrative Agent executed Landlord
Personal Property Collateral Access Agreements with respect to the Leasehold Properties located
at 8540 Gander Creek Drive, Miamisburg, Ohio and 1101 Perimeter Drive, Suite 475,
Schaumburg, Illinois.
(b) Promptly but in any event within five (5) Business Days following the
Effective Date (or such later date agreed to by the Administrative Agent), the Borrower shall
deliver to the Administrative Agent the opinions of counsel in the states of Wisconsin and
Michigan described in Sections 3.01(g)(ii) and 3.01(l).
(c) Promptly but in any event on or prior to December 31, 2012 (or such later
date agreed to by the Administrative Agent), the Borrower shall deliver to the Administrative
Agent the Title Policies and related documentation described in Section 3.01(g)(iii) and opinions
described in Section 3.01(g)(ii) with respect to the each Effective Date Mortgaged Property.
ARTICLE VI
NEGATIVE COVENANTS.
Until the Commitments have expired or terminated and the principal of and interest on
each Loan and all fees, expenses and other amounts payable under any Credit Document have
been paid in full and all Letters of Credit have expired or terminated or have been cashcollateralized
or supported by a back-up standby letter of credit in accordance with the other
provisions of this Agreement and all LC Disbursements have been reimbursed, each Credit Party
executing this Agreement shall perform, and shall cause each of its Restricted Subsidiaries to
perform, all covenants in this Article VI.
SECTION 6.01 Indebtedness. No Credit Party shall, nor shall it permit any of its
Subsidiaries to, directly or indirectly, create, incur, assume or guaranty, or otherwise become or
remain directly or indirectly liable with respect to any Indebtedness, except:
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