Exhibit 10.2 NewPage - Executed ABL Agreement

After the occurrence of and during the continuation of an Event of Default, each Payee
that is a Credit Party irrevocably authorizes, empowers and appoints the Term Loan Agent as
such Payee’s attorney-in-fact (which appointment is coupled with an interest and is irrevocable)
to demand, sue for, collect and receive every such payment or distribution and give acquittance
therefor and to make and present for and on behalf of such Payee such proofs of claim and take
such other action, in the Term Loan Agent’s own name or in the name of such Payee or
otherwise, as the Term Loan Agent may deem necessary or advisable for the enforcement of this
Promissory Note. After the occurrence of and during the continuation of an Event of Default,
each Payee that is a Credit Party also agrees to execute, verify, deliver and file any such proofs
of claim in respect of the Payor Indebtedness requested by the Term Loan Agent. After the
occurrence of and during the continuation of an Event of Default, the Term Loan Agent may
vote such proofs of claim in any such proceeding (and the applicable Payee shall not be entitled
to withdraw such vote), receive and collect any and all dividends or other payments or
disbursements made on Payor Indebtedness in whatever form the same may be paid or issued
and apply the same on account of any of the Secured Obligations in accordance with the Term
Loan Credit Agreement. After the occurrence of and during the continuation of an Event of
Default, should any payment, distribution, security or other investment property or instrument or
any proceeds thereof be received by any Payee that is a Credit Party upon or with respect to
Payor Indebtedness owing to such Payee prior to such time as the Secured Obligations have been
performed and paid in full (other than contingent indemnification obligations not due and
payable) and all commitments to extend credit under any Credit Document have expired or been
terminated, such Payee that is a Credit Party shall receive and hold the same for the benefit of the
Secured Parties, and shall forthwith deliver the same to the Term Loan Agent, for the benefit of
the Secured Parties, in precisely the form received (except for the endorsement or assignment of
such Payee where necessary or advisable in the Term Loan Agent’s judgment), for application to
any of the Secured Obligations in accordance with the Term Loan Credit Agreement, due or not
due, and, until so delivered, the same shall be segregated from the other assets of such Payee for
the benefit of the Secured Parties. After the occurrence of and during the continuation of an
Event of Default, if such Payee fails to make any such endorsement or assignment to the Term
Loan Agent, the Term Loan Agent or any of its officers, employees or representatives are hereby
irrevocably authorized to make the same.
After the occurrence of and during the continuation of a Revolving Event of Default,
each Payee that is a Revolving Credit Party irrevocably authorizes, empowers and appoints the
Revolving Loan Agent as such Payee’s attorney-in-fact (which appointment is coupled with an
interest and is irrevocable) to demand, sue for, collect and receive every such payment or
distribution and give acquittance therefor and to make and present for and on behalf of such
Payee such proofs of claim and take such other action, in the Revolving Loan Agent’s own name
or in the name of such Payee or otherwise, as the Revolving Loan Agent may deem necessary or
advisable for the enforcement of this Promissory Note. After the occurrence of and during the
continuation of a Revolving Event of Default, each Payee that is a Revolving Credit Party also
agrees to execute, verify, deliver and file any such proofs of claim in respect of the Payor
Indebtedness requested by the Revolving Loan Agent. After the occurrence of and during the
continuation of a Revolving Event of Default, the Revolving Loan Agent may vote such proofs
of claim in any such proceeding (and the applicable Payee shall not be entitled to withdraw such
vote), receive and collect any and all dividends or other payments or disbursements made on
Payor Indebtedness in whatever form the same may be paid or issued and apply the same on
CH\1423789.4
EXHIBIT K-4