Finder's Fee Agreement dated June 28, 2012



 Exhibit 10.2 
 FINDER’S FEE AGREEMENT 
 This agreement (the “Agreement”), dated as
of June 28, 2012 is by and between Frontier Oilfield Services Inc. (“Frontier”) and Dimirak Securities Corporation. (“Dimirak”), each of whom are sometimes referred to individually as “party” and
collectively as the “parties”. 
 Frontier has agreed that Dimirak will act as a non-exclusive Finder on behalf of Frontier for equity
or debt financing up the amount of $2,000,000. This letter documents the finder’s fee agreement between Frontier and Dimirak in connection with a potential transaction(s). Dimirak represents that it is a broker-dealer registered with the
Securities and Exchange Commission (SEC) and is a member in good standing with the Financial Industry Regulatory Authority (FINRA). 
 All
Contacts identified by Dimirak must be approved or disapproved within two (2) business days after the name is submitted to Frontier as to determine whether or not Frontier has a current or prior relationship with the contact. If Frontier has a
current or prior relationship with the Contact, then Frontier shall not pay a finder’s fee to Dimirak for any transactions entered into with the Contact by Frontier. Attached hereto as Schedule A is an initial list of Contacts approved by
Frontier as having been identified by Dimirak. 
 If within one (1) year of the date hereof, Frontier enters into a definitive agreement
with an approved company identified by Dimirak, then, upon closing of the Transaction, Frontier shall deliver to Dimirak a finder’s fee, as provided below. 
 Upon closing of a transaction for an equity investment in Frontier or debt financing acceptable to Frontier, Frontier shall pay to Dimirak an amount equal to ten percent (10%) of the Transaction
Value, as defined below. Such amount shall be earned upon closing but shall be paid to Dimirak upon Frontier’s receipt of the debt or equity and in proportion to the amount(s) received. As used herein, “Transaction Value” means the
aggregate value of all consideration including, but not limited to, cash, securities, or other property paid and indebtedness assumed. 
 Each
party possesses certain proprietary and confidential information relating to its business, strategies, personnel, customers, products, intellectual property, finances, etc. (hereinafter called “Confidential Information”). For the avoidance
of doubt, Confidential Information includes persons and companies (“Sponsors”) with access to investments and/or purchase opportunities (“Opportunities”) and investors in and /or purchasers of (“Investors”) such
Opportunities and the Opportunities themselves. (Sponsors and Investors are collectively referred to herein as “Contacts”.) 
 The
term “Confidential Information” as used in this Agreement shall mean all information disclosed by Frontier to Dimirak for purposes of any discussions between the parties or with Contacts in connection with any potential or actual
Transaction, any and all written, printed or other materials, regardless of form, provided by Frontier to Dimirak, whether prior to or after the 







 
execution of this Agreement, and the substance and content thereof, and all information ascertained through the discussions between the parties in connection with any potential or actual
Transaction. Confidential Information shall include, but not be limited to, Frontier’s business plan, private placement memorandum, marketing and operational plans and strategies, pricing, actual or potential licensing and other business
arrangements, economic or financial models and valuations and all other knowledge, information or data of any nature whatsoever relating to Frontier, which has been or may hereafter be provided or disclosed by Frontier to Dimirak for purposes of any
discussions between the parties or with Contacts in connection with any potential or actual Transaction. 
 Please indicate your agreement to
the foregoing by executing a counterpart of this agreement in the space provided below. 
  

			
	FRONTIER OILFIELD SERVICES, INC.
		
	By:	 	 /s/ Tim Burroughs

		 	Tim Burroughs, CEO

  

			
	DIMIRAK SECURITIES CORPORATION
		
	By:	 	/s/ Philip J. Rodriguez
		 	Phillip J. Rodriguez
		 	President & CEO

 SCHEDULE A 
 Xnergy, LLC 
 Palace Investments 
 Matrix Group, LLC 
 Legend Merchant, LLC 
 Strategic Venture Partners 
 Allegiance