Exhibit 10.2 NewPage - Executed ABL Agreement

Collateral and exercise remedies thereunder, all in such order and in such manner as they may
determine in the exercise of their sole discretion. Such exercise and enforcement shall include
the rights of an agent appointed by them to sell or otherwise realize on or dispose of any Term
Loan Priority Collateral upon foreclosure, to incur expenses in connection with such sale or other
realization or disposition, and to exercise all of the rights and remedies of a secured creditor
under the UCC or any similar law of any other jurisdiction outside of the United States and of a
secured creditor under the Bankruptcy Laws of any applicable jurisdiction. Revolving Loan
Secured Parties shall not have any right to direct any Term Loan Secured Party to exercise any
right, remedy or power with respect to the Term Loan Priority Collateral and each Revolving
Loan Secured Party shall have no right to consent to any exercise of remedies under the
Revolving Loan Documents or applicable law in respect of any of the Term Loan Priority
Collateral. No Revolving Loan Secured Party shall institute any suit or assert in any suit,
bankruptcy, insolvency or other proceeding any claim against any Term Loan Secured Party
seeking damages from or other relief by way of specific performance, instructions or otherwise,
with respect to the Shared Collateral.
(e) Notwithstanding the foregoing, each of the Term Loan Agent and
the Revolving Loan Agent may:
(i) file a claim or statement of interest with respect to the
Revolving Loan Debt or Term Loan Debt, as the case may be; provided, that, an
Insolvency Proceeding has commenced with respect to any Grantor;
(ii) in the case of the Term Loan Agent, take any action in order
to create, perfect, preserve or protect (but not enforce) its Lien on any of the Revolving
Loan Priority Collateral, and in the case of the Revolving Loan Agent, take any action in
order to create, perfect, preserve or protect (but not enforce) its Lien on any of the Term
Loan Priority Collateral;
(iii) file any necessary responsive or defensive pleadings in
opposition to any motion, claim, adversary proceeding or other pleading made by any
Person objecting to or otherwise seeking the disallowance of the claims or Liens of the
Revolving Loan Secured Parties or Term Loan Secured Parties represented by it,
including any claims secured by the Collateral, if any, or otherwise make any agreements
or file any motions or objections pertaining to the claims or Liens of such Secured
Parties, in each case in accordance with the terms of this Agreement;
(iv) file any pleadings, objections, motions or agreements which
assert rights or interests that are available to unsecured creditors of the Grantors
including, without limitation, the commencement of an Insolvency Proceeding with
respect to any Grantor, in each case, in accordance with applicable law and in a manner
not inconsistent with the terms of this Agreement;
(v) vote on any plan of reorganization, file any proof of claim,
make other filings and make any arguments and motions that are, in each case, in
accordance with the terms of this Agreement; and
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