Exhibit 10.2 NewPage - Executed ABL Agreement

(c) If any insurance claim includes both Revolving Loan Priority
Collateral and Term Loan Priority Collateral and the insurer will not settle such claim separately
with respect to Revolving Loan Priority Collateral and Term Loan Priority Collateral, if the
Agents are unable after negotiating in good faith to agree on the settlement for such claim, either
Agent may apply to a court of competent jurisdiction to make a determination as to the control of
the settlement of such claim, and the court’s determination shall be binding upon the Agents. All
proceeds of such insurance shall be remitted to the Revolving Loan Agent or Term Loan Agent,
as the case may be, and each of the Term Loan Agent and Revolving Loan Agent shall cooperate
(if necessary) in a reasonable manner in effecting the payment of insurance proceeds in
accordance with Section 4.1 hereof. For the avoidance of doubt, Proceeds of Collateral
constituting the proceeds of business interruption insurance shall (i) unless a Revolving Loan
Event of Default or Term Loan Event of Default has occurred and is continuing, be returned to
the applicable Grantor, (ii) (1) if a Revolving Loan Event of Default, but no Term Loan Event of
Default, has occurred and is continuing, be applied to the Revolving Loan Debt then outstanding
and (2) if a Term Loan Event of Default, but no Revolving Loan Event of Default, has occurred
and is continuing, be applied to the Term Loan Debt then outstanding, and (iii) if a Revolving
Loan Event of Default and a Term Loan Event of Default have occurred and are continuing, be
applied to the Revolving Loan Debt and the Term Loan Debt on a pari passu basis based upon
the Revolving Loan Debt and the Term Loan Debt then outstanding.
Section 4.
Payments
4.1 Application of Proceeds.
(a) So long as the Discharge of Revolving Loan Debt has not occurred,
the Revolving Loan Priority Collateral or Proceeds thereof received in connection with any
Disposition of, or collection on, such Revolving Loan Priority Collateral (including, without
limitation, any Proceeds of Revolving Loan Priority Collateral taken or received by the Term
Loan Agent or other Term Loan Secured Parties pursuant to Section 3.1(a)(i)(D)), shall, subject
to the rights of Grantors under the Revolving Loan Documents, be applied in the following order
of priority:
(i) first, to the Revolving Loan Debt and for cash collateral as
required under the Revolving Loan Documents, and in such order as specified in the
applicable Revolving Loan Documents until the Discharge of Revolving Loan Debt has
occurred;
(ii) second, to the Term Loan Debt in such order as specified in
the applicable Term Loan Documents until the Discharge of Term Loan Debt has
occurred.
(b) So long as the Discharge of Term Loan Debt has not occurred, the
Term Loan Priority Collateral or Proceeds thereof received in connection with the Disposition of,
or collection on, such Term Loan Priority Collateral (including, without limitation, any Proceeds
of Term Loan Priority Collateral taken or received by the Revolving Loan Agent or other
Revolving Loan Secured Parties pursuant to Section 3.1(b)(i)(D)), shall, subject to the rights of
Grantors under the Term Loan Documents, be applied in the following order of priority:
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