Exhibit 10.2 NewPage - Executed ABL Agreement

Collateral) to (x) the Liens on the Revolving Loan Priority Collateral pursuant to such Revolving
Loan DIP Financing, (y) any adequate protection provided to the Revolving Loan Secured
Parties and (z) any professional fee and U.S. trustee fee “carve-out” consented to in writing by
Revolving Loan Agent to be paid prior to the Discharge of Revolving Loan Debt, in each case,
on the same terms as the Liens of the Term Loan Secured Parties are subordinated to the Liens of
the Revolving Loan Secured Parties with respect to the Revolving Loan Priority Collateral (and
such subordination will not alter in any manner the terms of this Agreement); provided, that:
(i) Revolving Loan Agent does not oppose or object to such use
of cash collateral or Revolving Loan DIP Financing,
(ii) the aggregate principal amount of the Revolving Loan DIP
Financing plus the aggregate outstanding principal amount of loans and letters of credit
included in the Revolving Loan Debt shall not at any time exceed an amount equal to
110% of the stated aggregate commitments under the Revolving Loan Documents as in
effect immediately before the commencement of such Insolvency Proceeding,
(iii) the Term Loan Secured Parties retain a Lien on the Shared
Collateral (including Proceeds thereof arising after the commencement of such
proceeding) with the same priority relative to the Liens on such Shared Collateral of
Revolving Loan Agent as existed prior to the commencement of the case under the
Bankruptcy Code or other Bankruptcy Law (junior in priority to the Liens securing such
Revolving Loan DIP Financing and the existing Liens in favor of the Revolving Loan
Agent on the Revolving Loan Priority Collateral but senior to the Liens of the Revolving
Loan Agent (and the Liens securing the Revolving Loan DIP Financing) on the Term
Loan Priority Collateral to the same extent as provided under Section 2.2),
(iv) Term Loan Agent receives, as security for the Term Loan
Debt, additional or replacement Liens on all post-petition assets of any Grantor which are
subject to an additional or replacement Lien to secure the Revolving Loan DIP Financing
with same priority relative to the Liens of Revolving Loan Agent as existed prior to the
commencement of such Insolvency Proceeding to the extent Term Loan Agent seeks such
Liens and is entitled to such additional or replacement Liens under the Bankruptcy Code
or other applicable Bankruptcy Law,
(v) such Revolving Loan DIP Financing or use of Revolving
Loan Cash Collateral is subject to the terms of this Agreement,
(vi) the Term Loan Agent retains the right to object to any
ancillary agreements or arrangements regarding the use of Revolving Loan Cash
Collateral or the Revolving Loan DIP Financing that require a specific treatment of a
claim in respect of the Term Loan Debt for purposes of a plan of reorganization or are
materially adverse to the Term Loan Agent and the other Term Loan Secured Parties or
contravene the terms of this Agreement in any material respect (provided, that, in no
event shall the foregoing be construed to give rise to the right to object to any of the
rights and remedies that are customary for Revolving Loan Agent to receive as part of
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