Exhibit 10.2 NewPage - Executed ABL Agreement

customary compensation, reimbursement and other fees paid to members of the board of
directors (or similar governing body) of Holdings and its Subsidiaries; (c) compensation and
reimbursement arrangements for officers and other employees of Holdings and its Subsidiaries
entered into in the ordinary course of business; (d) Restricted Junior Payments permitted by
Section 6.04(c), 6.04(d), 6.04(e), 6.04(f), 6.04(g), 6.04(h), 6.04(i), 6.04(j) and 6.04(k); (e)
Investments permitted by Section 6.06(e); and (f) transactions described in Schedule 6.10.
SECTION 6.11 Conduct of Business. From and after the Effective Date, no Credit
Party shall, nor shall it permit any of its Subsidiaries to, engage in any business other than (i) the
businesses engaged in by such Credit Party on the Effective Date and similar or related
businesses and (ii) such other lines of business as may be consented to by Required Lenders.
SECTION 6.12 Permitted Activities of Holdings. Holdings shall not (a) incur,
directly or indirectly, any Indebtedness or any other obligation or liability whatsoever other than
the Indebtedness and obligations under this Agreement, the other Credit Documents and the
Related Agreements or with respect to any Permitted Junior/Unsecured Incremental Debt or
Refinancing Indebtedness; (b) create or suffer to exist any Lien upon any property or assets now
owned or hereafter acquired, leased or licensed by it other than the Liens created under the
Collateral Documents to which it is a party or Permitted Liens; (c) engage in any business or
activity or own any assets other than (i) holding 100% of the Equity Interests of Borrower, (ii)
performing its obligations and activities incidental thereto under the Credit Documents, and to
the extent not inconsistent therewith, the Related Agreements or with respect to any Permitted
Junior/Unsecured Incremental Debt or Refinancing Indebtedness; and (iii) making Restricted
Junior Payments and Investments to the extent permitted by this Agreement; (d) consolidate with
or merge with or into, or convey, transfer, lease or license all or substantially all its assets to, any
Person; (e) sell or otherwise dispose of any Equity Interests of Borrower; (f) create or acquire
any Subsidiary or make or own any Investment in any Person other than Borrower; or (g) fail to
hold itself out to the public as a legal entity separate and distinct from all other Persons.
SECTION 6.13 Amendments or Waivers of Organizational Documents. No Credit
Party shall nor shall it permit any of its Subsidiaries to, agree to any amendment, restatement,
supplement or other modification to, or waiver of, any of its Organizational Documents in a
manner materially adverse to the Lenders after the Effective Date without in each case obtaining
the prior written consent of Required Lenders to such amendment, restatement, supplement or
other modification or waiver.
SECTION 6.14 Amendments or Waivers of Terms with respect to Certain
Indebtedness. No Credit Party shall, nor shall it permit any of its Subsidiaries to, amend or
otherwise change the terms of any Subordinated Indebtedness, or make any payment consistent
with an amendment thereof or change thereto, if the effect of such amendment or change is to
increase the interest rate on such Subordinated Indebtedness, change (to earlier dates) any dates
upon which payments of principal or interest are due thereon, change any event of default or
condition to an event of default with respect thereto (other than to eliminate any such event of
default or increase any grace period related thereto), change the redemption, prepayment or
defeasance provisions thereof, change the subordination provisions of such Subordinated
Indebtedness (or of any guaranty thereof), or if the effect of such amendment or change, together
with all other amendments or changes made, is to increase materially the obligations of the
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