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Exhibit 10.2 NewPage - Executed ABL Agreement

Exhibit 10.2 NewPage - Executed ABL Agreement

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this <strong>Agreement</strong>, provided that, concurrently with such replacement, (i) another bank or other<br />

entity which is reasonably satisfactory to the Borrower and the Administrative Agent shall agree,<br />

as of such date, to purchase for cash the Loans and other Obligations due to the Non-Consenting<br />

Lender pursuant to an Assignment and Assumption and to become a Lender for all purposes<br />

under this <strong>Agreement</strong> and to assume all obligations of the Non-Consenting Lender to be<br />

terminated as of such date and to comply with the requirements of clause (b) of Section 10.04,<br />

and (ii) the Borrower shall pay to such Non-Consenting Lender in same day funds on the day of<br />

such replacement (1) all interest, fees and other amounts then accrued but unpaid to such Non-<br />

Consenting Lender by the Borrower hereunder to and including the date of termination,<br />

including without limitation payments due to such Non-Consenting Lender under Sections 2.15<br />

and 2.17, and (2) an amount, if any, equal to the payment which would have been due to such<br />

Lender on the day of such replacement under Section 2.16 had the Loans of such Non-<br />

Consenting Lender been prepaid on such date rather than sold to the replacement Lender.<br />

SECTION 10.03 Indemnity; Damage Waiver. (a) The Borrower shall pay (i) all<br />

reasonable out-of-pocket expenses incurred by the Administrative Agent and its Affiliates,<br />

including the reasonable fees, charges and disbursements of counsel for the Administrative<br />

Agent, in connection with the syndication and distribution (including, without limitation, via the<br />

internet or through a service such as Intralinks) of the credit facilities provided for herein, the<br />

preparation and administration of the Credit Documents or any amendments, modifications or<br />

waivers of the provisions of the Credit Documents (whether or not the transactions contemplated<br />

hereby or thereby shall be consummated), (ii) all reasonable out-of-pocket expenses incurred by<br />

the Issuing Bank in connection with the issuance, amendment, renewal or extension of any Letter<br />

of Credit or any demand for payment thereunder and (iii) all out-of-pocket expenses incurred by<br />

the Administrative Agent, the Issuing Bank or any Lender, including the fees, charges and<br />

disbursements of any counsel for the Administrative Agent, the Issuing Bank or any Lender, in<br />

connection with the enforcement, collection or protection of its rights in connection with the<br />

Credit Documents, including its rights under this Section, or in connection with the Loans made<br />

or Letters of Credit issued hereunder, including all such out-of-pocket expenses incurred during<br />

any workout, restructuring or negotiations in respect of such Loans or Letters of Credit.<br />

Expenses being reimbursed by the Borrower under this Section include, without limiting the<br />

generality of the foregoing, costs and expenses incurred in connection with (subject to the<br />

limitations set forth in Sections 5.06, 5.13 and 5.14 with respect to the Borrower’s obligation to<br />

bear the costs of any of the following):<br />

(1) appraisals and insurance reviews;<br />

(2) field examinations and the preparation of Reports based on the fees<br />

charged by a third party retained by the Co-Collateral Agents or the internally allocated fees for<br />

each Person employed by the Co-Collateral Agent with respect to each field examination,<br />

together with the reasonable fees and expenses associated with collateral monitoring services<br />

performed by the Co-Collateral Agents;<br />

(3) background checks regarding senior management and/or key<br />

investors, as deemed necessary or appropriate in the sole discretion of the Administrative Agent;<br />

CH\1416587.18<br />

133

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