Exhibit 10.2 NewPage - Executed ABL Agreement

Administrative Agent and (ii) both immediately prior to and after giving effect to the incurrence
thereof, no Default or Event of Default shall exist or result therefrom;
(i) Indebtedness described in Schedule 6.01, but not any extensions, renewals
or replacements of such Indebtedness except (i) renewals and extensions expressly provided for
in the agreements evidencing any such Indebtedness as the same are in effect on the date of this
Agreement and (ii) Permitted Refinancing Indebtedness in respect thereof;
(j) Indebtedness of Borrower or its Subsidiaries with respect to Capital
Leases in an aggregate amount not to exceed at any time $50,000,000;
(k) purchase money Indebtedness of Borrower or its Subsidiaries in an
aggregate amount not to exceed at any time $50,000,000; provided, any such Indebtedness (i)
shall be secured only by the asset acquired in connection with the incurrence of such
Indebtedness, and (ii) shall constitute not less than 75% of the aggregate consideration paid with
respect to such asset and any Permitted Refinancing Indebtedness in respect thereof;
(l) (i) Indebtedness of a Person or Indebtedness attaching to assets of a Person
that, in either case, becomes a Subsidiary or Indebtedness attaching to assets that are acquired by
Borrower or any of its Subsidiaries, in each case after the Effective Date as the result of a
Permitted Acquisition, in an aggregate amount not to exceed the greater of (x) $25,000,000 and
(y) such amount as would not cause the Net Leverage Ratio as of such date (calculated pro forma
after giving effect to the incurrence of the applicable Indebtedness) to exceed 2.00:1.00 at any
one time outstanding, provided that (x) such Indebtedness existed at the time such Person
became a Subsidiary or at the time such assets were acquired and, in each case, was not created
in anticipation thereof and (y) such Indebtedness is not guaranteed in any respect by Holdings or
any Subsidiary (other than by any such person that so becomes a Subsidiary), and (ii) Permitted
Refinancing Indebtedness in respect thereof;
(m) subject to the Intercreditor Agreement, (i) Indebtedness in respect of the
Term Credit Agreement and any amendments, modifications, supplements, extensions, renewals,
exchanges, refinancings, restatements, restructurings or replacements thereof permitted under the
Intercreditor Agreement, in an aggregate principal amount not to exceed at any time
$550,000,000, as such amount is reduced by the amount of repayments of any such Indebtedness
plus (ii) the principal amount of New Term Loans not to exceed the Permitted Pari Incremental
Amount funded in accordance with the Term Credit Agreement as in effect on Effective Date;
(n) (i) Indebtedness under any Designated Hedge Agreements entered into in
the ordinary course of business and not for speculative purposes; provided, that any Designated
Hedge Agreement that could result in any uncovered short positions with respect to commodities
shall not be permitted pursuant to this clause (n) and (ii) Indebtedness under any “Hedge
Agreements” as defined in, and as permitted under Section 6.1(n) of, the Term Credit Agreement
as in effect on the Effective Date;
(o) obligations on account of (i) current liabilities of the Credit Parties or their
respective Subsidiaries incurred in the ordinary course of business but not incurred through (x)
the borrowing of money or (y) the obtaining of credit except for credit on an open account basis
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