Exhibit 10.2 NewPage - Executed ABL Agreement

“Effective Date Mortgaged Property” has the meaning assigned to such term in Section
3.01(g)(i).
“Eligible Accounts” means (without limiting the Administrative Agent’s discretion
provided herein), on any date of determination of the Borrowing Base, all of the Accounts owned
by the Borrower or any Borrowing Base Guarantor, as applicable, and reflected in the most
recent Borrowing Base Certificate delivered by the Borrower to the Administrative Agent,
except any Account:
(a) which is not subject to a first priority perfected security interest in favor of
the Administrative Agent;
Liens;
(b)
(c)
which is subject to any Lien other than Permitted Revolving Collateral
which is not owned by the Borrower or any Borrowing Base Guarantor;
(d) which is due from a Foreign Account Debtor; provided, however, that up
to $20,000,000 of the aggregate face amount of such Accounts due from Foreign Account
Debtors shall not be deemed ineligible under this clause (d), so long as such Accounts would
otherwise be Eligible Accounts but for this clause (d);
(e) which is payable in any currency other than (i) Dollars, (ii) with respect to
any Account Debtor domiciled in Canada or organized under the laws of Canada or any political
subdivision thereof, Canadian Dollars or (iii) any other foreign currency approved by the
Administrative Agent in its Permitted Discretion, unless such Account is supported by an
irrevocable letter of credit in form and substance satisfactory to Administrative Agent, issued by
a financial institution satisfactory to Administrative Agent and which has been duly transferred
to Administrative Agent (together with sufficient documentation to permit direct draws by
Administrative Agent thereon);
(f) which does not arise from the sale of goods or the performance of services
by Borrower or such Borrowing Base Guarantor in the ordinary course of its business;
(g) which does not comply in all material respects with all applicable legal
requirements, including, without limitation, all laws, rules, regulations and orders of any
Governmental Authority (including any Account due from an Account Debtor located in the
States of Minnesota or New Jersey unless Borrower or the applicable Borrowing Base Guarantor
(at the time the Account was created and at all times thereafter) (A) had filed and has maintained
effective a current notice of business activities report with the appropriate office or agency of
such States, as applicable, or (B) was and has continued to be exempt from filing such report and
has provided the Administrative Agent with satisfactory evidence thereof);
(h) (A) upon which either Borrower’s or any Borrowing Base Guarantor’s, as
applicable, right to receive payment is not absolute or is contingent upon the fulfillment of any
condition whatsoever unless such condition is satisfied or (B) as to which either Borrower or any
Borrowing Base Guarantor, as applicable, is not able to bring suit or otherwise enforce its
remedies against the Account Debtor through judicial or administrative process or (C) that
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