Exhibit 10.2 NewPage - Executed ABL Agreement

“Discharge of Term Loan Debt” shall mean, subject to Sections 6.9 and 11.3 hereof:
(a) the payment in full in cash of the principal and interest (including any interest
which would accrue and become due but for the commencement of an Insolvency Proceeding,
whether or not such amounts are allowed or allowable in whole or in part in such Insolvency
Proceeding) constituting Term Loan Debt;
(b) the payment in full in cash of all other Term Loan Debt that is due and
payable or otherwise accrued and owing at or prior to the time such principal and interest are
paid (including any such amounts which would accrue and become due but for the
commencement of an Insolvency Proceeding, whether or not such amounts are allowed or
allowable in whole or in part in such case), other than indemnification obligations for which no
claim or demand for payment, whether oral or written, has been made at such time; and
(c) the delivery to Term Loan Agent of cash collateral in respect of Term
Loan Bank Product Obligations (or, at the option of the Term Loan Secured Party with respect to
such Term Loan Bank Product Obligations, the termination of the applicable Term Loan Bank
Product Obligations and the payment in full in cash of Term Loan Debt due and payable in
connection with such termination), continuing obligations of Term Loan Agent and Term Loan
Lenders under control agreements and other contingent Term Loan Debt for which a claim or
demand for payment has been made at such time or in respect of matters or circumstances known
to a Term Loan Secured Party at the time which are reasonably expected to result in any loss,
cost, damage or expense (including attorneys’ fees and legal expenses) to any Term Loan
Secured Party for which such Term Loan Secured Party is entitled to indemnification by any
Grantor.
“Disposition” shall mean any sale, lease, license, assignment, exchange, transfer or other
disposition and including any casualty or condemnation.
“Exigent Circumstance” shall mean an event or circumstance that materially and
imminently threatens the ability of Revolving Loan Agent to realize upon all or a material
portion of the Revolving Loan Priority Collateral or the ability of Term Loan Agent to realize
upon all or a material portion of the Term Loan Priority Collateral, as the case may be, such as,
without limitation, fraudulent removal, concealment, destruction (other than to the extent
covered by insurance), material waste or abscondment thereof.
“Grantors” shall mean, collectively, NewPageCo, Holdings, Guarantors and each
Subsidiary of any of the foregoing that shall have granted a Lien on any of its assets to secure
any Revolving Loan Debt or Term Loan Debt, together with their respective successors and
assigns; sometimes being referred to herein individually as a “Grantor”.
“Guarantors” shall mean, collectively, (a) Holdings, (b) any other Person (other than
NewPageCo) that as of the date hereof is, or at any time hereafter becomes, a party to a
guarantee in favor of Revolving Loan Agent or the Revolving Loan Secured Parties in respect of
any of the Revolving Loan Debt or in favor of Term Loan Agent or the Term Loan Secured
Parties in respect of any of the Term Loan Debt, and (c) their respective successors and assigns,
and “Guarantor” shall mean each of them.
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