Exhibit 10.2 NewPage - Executed ABL Agreement

have been reimbursed, each Credit Party shall perform, and shall cause each of its Restricted
Subsidiaries to perform, all covenants in this Article V.
SECTION 5.01 Financial Statements; Borrowing Base and Other Information.
Holdings will deliver to the Administrative Agent and Lenders (and in addition, in the case of
Section 5.01(n), to Co-Collateral Agents consistent with past practices):
(a) Quarterly Financial Statements. As soon as available, and in any event
within 45 days after the end of each of the first three Fiscal Quarters of each Fiscal Year,
commencing with the first such Fiscal Quarter ending after the Effective Date, the consolidated
balance sheet of Holdings and its Subsidiaries (including Unrestricted Subsidiaries) as at the end
of such Fiscal Quarter and the related consolidated statements of income, stockholders’ equity
and cash flows of Holdings and its Subsidiaries for such Fiscal Quarter and for the period from
the beginning of the then current Fiscal Year to the end of such Fiscal Quarter, setting forth in
each case in comparative form the corresponding figures for the corresponding periods of the
previous Fiscal Year and accompanied by a comparison to the corresponding figures from the
Financial Plan for the current Fiscal Year, all in reasonable detail, together with a Financial
Officer Certification and a Narrative Report with respect thereto;
(b) Annual Financial Statements. As soon as available, and in any event
within 120 days after the end of the Fiscal Year ending December 31, 2012 and 90 days after the
end of each Fiscal Year thereafter, commencing with the Fiscal Year in which the Effective Date
occurs, (i) (A) the consolidated (and unaudited consolidating for Holdings and its Subsidiaries
(including Unrestricted Subsidiaries) as a group) balance sheet of Parent and its subsidiaries as at
the end of such Fiscal Year and the related consolidated (and unaudited consolidating for
Holdings and its Subsidiaries (including Unrestricted Subsidiaries) as a group) statements of
income, stockholders’ equity and cash flows of Parent and its subsidiaries for such Fiscal Year,
setting forth in each case in comparative form the corresponding figures for the previous Fiscal
Year and accompanied by a comparison to the corresponding figures from the Financial Plan for
the Fiscal Year covered by such financial statements, in reasonable detail, together with a
Financial Officer Certification and a Narrative Report with respect thereto and (B) if (x) (1) the
positive Parent Consolidated Net Income (excluding the Consolidated Net Income of Holdings
and its Subsidiaries (including Unrestricted Subsidiaries)) is greater than $10 million and (2) the
Consolidated Net Income of Holdings and its Subsidiaries (including Unrestricted Subsidiaries)
for such Fiscal Year is less than 97.5% of the Parent Consolidated Net Income for such Fiscal
Year or (y) the Consolidated Total Assets of Holdings and its Subsidiaries (including
Unrestricted Subsidiaries) as of the last day of such Fiscal Year is less than 97.5% of the Parent
Consolidated Total Assets as of the last day of such Fiscal Year, the consolidated balance sheet
of Holdings and its Subsidiaries (including Unrestricted Subsidiaries) as at the end of such Fiscal
Year and the related consolidated statements of income, stockholders’ equity and cash flows of
Holdings and its Subsidiaries (including Unrestricted Subsidiaries) for such Fiscal Year, setting
forth in each case in comparative form the corresponding figures for the previous Fiscal Year
and accompanied by a comparison to the corresponding figures from the Financial Plan for the
Fiscal Year covered by such financial statements, in reasonable detail, together with a Financial
Officer Certification and a Narrative Report with respect thereto; and (ii) with respect to each
such consolidated financial statements a report thereon of PricewaterhouseCoopers LLP or other
independent certified public accountants of recognized national standing selected by Parent, and
CH\1416587.18
92