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Exhibit
10.2
FINAL
RELEASE
IN CONSIDERATION of the
additional retirement benefits outlined in a letter dated
November 26, 2007 and the severance and other benefits
promised therein, and other good and valuable consideration, the
receipt and sufficiency of which is hereby acknowledged, I, Pierre
Monahan (hereinafter called the Releasor), for myself and for my
heirs, executors, successors and assigns do hereby remise, release
and forever discharge BOWATER INCORPORATED, BOWATER CANADIAN
FOREST PRODUCTS INC. , and ABITIBIBOWATER INC. their
subsidiaries, affiliated and associated corporations and the
respective officers, directors, servants, agents, employees,
successors and assigns of such corporations and the heirs,
executors, administrators and assigns of those officers, directors,
servants, agents and employees (hereinafter called the Releasees)
from any and all actions, causes of action, claims, complaints,
demands, suits, debts, dues, accounts, bonds, covenants, statutory
rights and obligations and contracts whatsoever, whether presently
known or unknown, as against the said Releasees or any of them,
that I ever had, now have or hereinafter can, shall or may have by
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