Exhibit 10.2 NewPage - Executed ABL Agreement

NewPage Corporation
Borrowing Base Certificate – Available Inventory
For the period ended ___________________ (in $000’s) 32
EXHIBIT B
Page 4 of 4
Inventory per perpetual (Raw, Semi-Finished, Finished): $ -
Less ineligibles:
Not sold in ordinary course -
Obsolete / slow moving stock -
Consigned inventory -
Outside locations (processors, warehouses) -
Foreign Locations -
Inventory classified as “Broke” -
Display, samples and supplies -
Lower of cost or market adjustments -
Not covered by casualty insurance -
Subject to licensing agreement -
Offspec Inventory -
Other (per terms of Credit Agreement) -
Total Ineligibles $ -
Eligible Inventory $ -
Advance Rate: 75.0%
Available Inventory per 75% calculation $ -
NOLV Cap:
Gross Raw Materials Inventory $ -
Less: Raw Materials Inventory Ineligibles -
Eligible Raw Materials Inventory $ -
Raw Materials NOLV% per Appraisal * 85% -
Total Raw Materials Inventory $ -
Gross Semi-Finished Inventory $ -
Less: Semi-Finished Inventory Ineligibles -
Eligible Semi-Finished Inventory $ -
Semi-Finished NOLV% per Appraisal * 85% -
Total Semi-Finished Inventory $ -
Gross Finished Goods Inventory $ -
Less: Finished Goods Inventory Ineligibles -
Eligible Finished Goods Inventory $ -
Finished Goods NOLV% per Appraisal * 85% -
Total Finished Goods Inventory $ -
Available Inventory per NOLV calculation $ -
32 If any Eligible Inventory is valued in any currency other than US Dollars or Canadian Dollars:
Aggregate amount of all such Eligible valued in [list foreign currency] = ______________, which is equal to US Dollars
$_______________ (calculated on period end date using USD/[list foreign currency] exchange rate of
_______________)
CH\1423789.4
Exhibit B