Exhibit 10.2 NewPage - Executed ABL Agreement

NOW, THEREFORE, in consideration of the foregoing, the mutual covenants and
obligations herein set forth and for other good and valuable consideration, the sufficiency and
receipt of which are hereby acknowledged, the parties hereto, intending to be legally bound,
hereby agree as follows:
Section 1.
Definitions; Interpretation
1.1 Definitions. As used in this Agreement, including in the preamble and
recitals hereto and the annexes hereto, the following terms have the meanings specified below:
“Affiliate” means, with respect to a specified Person, another Person that directly, or
indirectly through one or more intermediaries, controls or is controlled by or is under common
control with the Person specified. For purposes of this definition, a Person shall be deemed to
“control” or be “controlled by” a Person if such Person possesses, directly or indirectly, power to
direct or cause the direction of the management or policies of such Person whether through
ownership of equity interests, by contract or otherwise.
“Affiliate Obligations” shall mean all Revolving Loan Bank Product Obligations and all
Term Loan Bank Product Obligations of the Grantors.
“Agents” shall mean, collectively, Revolving Loan Agent and Term Loan Agent, and
“Agent” shall mean each of them.
“Agreement” shall mean this Intercreditor Agreement, as the same now exists or may
hereafter be amended, amended and restated, modified, supplemented, extended, renewed,
restated or replaced from time to time in accordance with the terms hereof.
“Bankruptcy Code” shall mean the United States Bankruptcy Code, being Title 11 of the
United States Code, as the same now exists or may from time to time hereafter be amended,
modified, recodified or supplemented.
“Bankruptcy Law” shall mean the Bankruptcy Code and any similar Federal, state or
foreign law for the relief of debtors.
“Barclays” shall have the meaning set forth in the recitals hereto.
“Business Day” shall mean any day other than a Saturday, a Sunday or a day that is a
legal holiday under the laws of the State of New York or on which banking institutions in the
State of New York are required or authorized by law or other governmental action to close.
“Cash Management Obligations” shall mean with respect to any Person, the obligations
of such Person in connection with all: (a) credit cards, debit cards or stored value cards or the
processing of payments and other administrative services with respect to credit cards, debit cards
or stored value cards and/or (b) cash management or related services, including (i) the automated
clearinghouse transfer of funds for the account of such Person pursuant to agreement or overdraft
for any accounts of such Person, or (ii) controlled disbursement services, and without limiting
the foregoing, shall include obligations of the type described in the definitions of “Cash
Management Obligations” in the Term Loan Agreement as in effect on the date hereof and
CH\1408709.10
2