Exhibit 10.2 NewPage - Executed ABL Agreement

the total voting power of shares of stock or other ownership interests entitled (without regard to
the occurrence of any contingency) to vote in the election of the Person or Persons (whether
directors, managers, trustees or other Persons performing similar functions) having the power to
direct or cause the direction of the management and policies thereof is at the time owned or
controlled, directly or indirectly, by that Person or one or more of the other Subsidiaries of that
Person or a combination thereof; provided, in determining the percentage of ownership interests
of any Person controlled by another Person, no ownership interest in the nature of a “qualifying
share” of the former Person shall be deemed to be outstanding.
“Term Loan Agent” shall mean Barclays Bank PLC, and its successors and assigns in its
capacity as collateral agent pursuant to the Term Loan Documents acting for and on behalf of the
other Term Loan Secured Parties or any other person appointed as agent under any replacement
or refinancing arrangement with respect to the Term Loan Agreement.
“Term Loan Agreement” shall have the meaning set forth in the recitals hereto.
“Term Loan Asset Proceeds Account” shall have the meaning set forth in Annex A
hereof.
“Term Loan Bank Product Obligations” shall mean Term Loan Cash Management
Obligations and Term Loan Hedging Obligations.
“Term Loan Cash Collateral” shall have the meaning set forth in Section 6.2 hereof.
“Term Loan Cash Management Obligations” shall mean all Cash Management
Obligations (other than any Revolving Loan Cash Management Obligations) that are secured
under the Term Loan Documents.
“Term Loan Debt” shall mean all “Obligations” as such term is defined in the Term Loan
Agreement, including, without limitation, obligations, liabilities and indebtedness of every kind,
nature and description owing by any Grantor to any Term Loan Secured Party, including
principal, interest, charges, fees, premiums, indemnities and expenses, however evidenced,
whether as principal, surety, endorser, guarantor or otherwise, arising under any of the Term
Loan Documents and Term Loan Bank Product Obligations, whether now existing or hereafter
arising, whether arising before, during or after the initial or any renewal term of the Term Loan
Documents or after the commencement of any case with respect to any Grantor under the
Bankruptcy Code or any other Bankruptcy Law or the commencement of any other Insolvency
Proceeding (and including, without limitation, any principal, interest, fees, costs, expenses and
other amounts which would accrue and become due but for the commencement of such case,
whether or not such amounts are allowed or allowable in whole or in part in such case or similar
proceeding), whether direct or indirect, absolute or contingent, joint or several, due or not due,
primary or secondary, liquidated or unliquidated, secured or unsecured.
“Term Loan DIP Financing” shall have the meaning set forth in Section 6.2 hereof.
“Term Loan Documents” shall mean, collectively, the Term Loan Agreement and all
agreements, documents and instruments at any time executed and/or delivered by any Grantor or
any other person to, with or in favor of any Term Loan Secured Party in connection therewith or
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