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Exhibit 10.2 NewPage - Executed ABL Agreement

Exhibit 10.2 NewPage - Executed ABL Agreement

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(g)<br />

(h)<br />

(i)<br />

(j)<br />

(iii) permitted Investments, Permitted<br />

Acquisitions and permitted dispositions, whether or<br />

not consummated 40 :<br />

(iv) customary and reasonable transaction costs<br />

incurred in connection with an initial public offering<br />

or other registration of securities:<br />

all goodwill impairment charges, to the extent such<br />

charges were deducted in computing such<br />

Consolidated Net Income:<br />

the non-Cash effects of adjustments 41 in any line<br />

item in Holdings’ financial statements pursuant to<br />

GAAP resulting from the application of<br />

recapitalization accounting or purchase accounting,<br />

as the case may be, in connection with the<br />

transactions contemplated by the Credit <strong>Agreement</strong><br />

and by the Related <strong>Agreement</strong>s, any acquisition or<br />

any joint venture investments or the amortization or<br />

write off of any amounts thereof, net of Taxes:<br />

non-Cash impairment charges, asset write offs and<br />

write downs, including impairment charges, asset<br />

write offs and write downs related to goodwill,<br />

intangible assets, long-lived assets, investments in<br />

debt and equity securities or as a result of a change<br />

in law or regulation, in each case pursuant to GAAP<br />

and the amortization of intangibles arising pursuant<br />

to GAAP:<br />

accruals and reserves that are established or<br />

adjusted, in each case within 12 months of any<br />

subject transaction, as a result of the transactions<br />

contemplated by the Credit <strong>Agreement</strong> and by the<br />

Related <strong>Agreement</strong>s, or any acquisition, Investment,<br />

asset disposition, write down or write off (including<br />

the related Tax benefit) in accordance with GAAP,<br />

including any adjustment of estimated payouts on<br />

earn-outs, or charges as a result of the adoption or<br />

modification of accounting policies, so long as such<br />

$[___,___,___]<br />

$[___,___,___]<br />

$[___,___,___]<br />

$[___,___,___]<br />

$[___,___,___]<br />

$[___,___,___]<br />

40<br />

41<br />

With respect to unsuccessful Investments, acquisitions and dispositions, not to exceed in<br />

any period of twelve consecutive months $5,000,000.<br />

Including the effects of such adjustments relating to the Borrower or its Subsidiaries.<br />

CH\1423789.4<br />

Annex A to Schedule I

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