Exhibit 10.2 NewPage - Executed ABL Agreement

“Other Connection Taxes” means, with respect to any Lender, Taxes imposed as a result
of a present or former connection between such Lender and the jurisdiction imposing such Tax
(other than connections arising from such Lender having executed, delivered, become a party to,
performed its obligations under, received payments under, received or perfected a security
interest under, engaged in any other transaction pursuant to or enforced any Credit Document, or
sold or assigned an interest in any Loan or Credit Document).
“Other Taxes” means any and all present or future stamp or documentary Taxes, charges
or similar levies arising from any payment made hereunder or from the execution, delivery or
enforcement of, or otherwise with respect to, this Agreement or any other Credit Document,
except any such Taxes imposed as a result of a present or former connection between Lender and
the jurisdiction imposing such Tax (other than connections arising from such Lender having
executed, delivered, become a party to, performed its obligations under, received payments
under, received or perfected a security interest under, engaged in any other transaction pursuant
to or enforced any Credit Document, or sold or assigned an interest in any Loan or Credit
Document) that are imposed with respect to an assignment (other than an assignment made
pursuant to Section 2.19(b)).
“Parent” means NewPage Holdings Inc., a Delaware corporation.
“Parent Consolidated Net Income ” means, for any period, the net income (or loss) of
Parent and its subsidiaries on a consolidated basis for such period taken as a single accounting
period determined in conformity with GAAP and calculated in the same manner as the
Consolidated Net Income of Holdings and its Subsidiaries on a consolidated basis for such
period.
“Parent Consolidated Total Assets” means, for any period and with respect to Parent or
any of its subsidiaries, as of any date of determination, the total assets of such Person reflected
on the consolidated balance sheet of Parent and its subsidiaries as of the end of such period,
determined on a consolidated basis in accordance with GAAP and calculated in the same manner
as the Consolidated Total Assets of Holdings and its Subsidiaries.
“PATRIOT Act” as defined in Section 3.1(s).
“PBGC” means the Pension Benefit Guaranty Corporation or any successor thereto.
“Participant” has the meaning assigned to such term in Section 10.04(c).
“Participant Register” has the meaning assigned to such term in Section 10.04(c).
“Payment Conditions” means:
(a) with respect to any Permitted Acquisition and any Investment pursuant to
Section 6.06(l) (each a “Permitted Investment”), each of the following conditions: (i) no
Default or Event of Default exists or would result from such Permitted Investment and
either (ii)(A) Availability, immediately before and after giving effect to such Permitted
Investment, shall be at least equal to the greater of (x) 17.5% of the aggregate
Commitments then in effect and (y) $61,250,000 or (B)(1) Availability, immediately
CH\1416587.18
36