EXHIBIT 10.1
                          LICENSE TECHNOLOGY AGREEMENT
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                          TECHNOLOGY LICENSE AGREEMENT

THIS  AGREEMENT  is  entered  into  October  26th  2007  by  and  between  Niche
Properties,  Inc.,  a  corporation  organized  under  the  laws of the  state of
Colorado,  whose  address is 9023 Edgewood  Street,  Highlands  Ranch,  CO 80130
("Licensor"),  and Fairway Properties, Inc., a Corporation formed under the laws
of Nevada  with  offices at 9023  Edgewood  Street,  Highlands  Ranch,  CO 80130
("Licensee").

                                  WITNESSETH:

WHEREAS,  Licensor  is engaged  in the  business  of  designing  and  developing
computer-related  software,  websites,  and related  products and has,  over the
years,  acquired and developed  substantial  and valuable  technical  knowledge,
know-how,  and  experience  in the design and  development  of such  systems and
products  described in detail in Exhibit "A" attached  hereto (the  Technology);
and

WHEREAS,  Licensee  desires  to  engage in the  business  of  marketing  similar
products and services and utilize the Technology in the design, development, and
sale of such services; and

WHEREAS, Licensor and Licensee believe it is in their mutual interest and desire
to enter into an agreement  whereby Licensee would use Licensor's  Technology in
the  provision and sale of the Products in the  Territory  defined  herein below
pursuant to the terms and conditions hereinafter provided.

NOW,  THEREFORE,  in  consideration  of the premises and the mutual covenants of
this Agreement, the parties hereto agree as follows:

1.       LICENSE

         Licensor hereby grants to Licensee and its sub licensees,  for the term
         of this Agreement, a nonexclusive, non-assignable, right and license to
         use its  Technology  in order to  market  and  sell  the  products  and
         services set forth in Schedule "A" using said  Technology (the Licensed
         Products) in the  countries  identified  in Schedule A attached  hereto
         (the Territory).

2.       TERM

         This  Agreement  shall be effective as of the date of execution by both
         parties  and shall  extend for the period set forth in  Schedule A (the
         Term).

3.       COMPENSATION

         A. In consideration for the licenses granted hereunder, Licensee agrees
         to pay to  Licensor  the royalty  recited in  Schedule A (the  Royalty)
         based  on  Licensee's  Net  Sales  generated  by the use of  Licensor's
         technology.


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         B. The  Royalty  owed  Licensor  shall  be  calculated  on a  quarterly
         calendar  basis  (Royalty  Period).  The  Licensee's Net Sales shall be
         processed through the Licensor's technology platform and deposited into
         Licensor's bank account. Licensor shall retain its Royalty and disburse
         the Net Sales less the  Royalty to the  Licensee  no later than  thirty
         (30) days after the end of the preceding full quarterly  period,  i.e.,
         commencing on the first (1st) day of January,  April, July, and October
         except  that  the  first  and last  calendar  periods  may be  "short,"
         depending on the effective date of this Agreement.

         C. For each Royalty  Period,  Licensor  shall  provide  Licensee with a
         written  royalty  statement  in a form  acceptable  to  Licensee.  Such
         royalty  statement  shall be certified as accurate by a duly authorized
         officer  of  Licensor  and  shall  include  reportable  sales  for each
         applicable  period.  Such  statements  shall be  furnished  to Licensee
         regardless of whether any sales were made during the Royalty  Period or
         whether any actual Royalty was owed.

         D. Licensee agrees to pay to Licensor an Advance  against  Royalties in
         the  amount  recited  in  Schedule  A,  which may be  credited  against
         Licensee's actual royalty obligation to Licensor.

         E.  During  each  calendar  year  during  the  Term of this  Agreement,
         Licensee agrees to pay Licensor a Guaranteed Minimum Royalty as recited
         in Schedule A that may be credited  against  Licensee's  actual royalty
         obligation  to  Licensor.  The  Guaranteed  Minimum  Royalty  shall  be
         calculated at the end of each calendar year  commencing in the year the
         Licensor furnishes a production stage web application (evidenced by the
         website  residing at the "www" subdomain of one of the licensed domains
         names in Schedule  A). In the event that  Licensee's  actual  Royalties
         paid  Licensor  for any  calendar  year  are less  than the  Guaranteed
         Minimum  Royalty for such year,  Licensee  shall, in addition to paying
         Licensor  its  actual  earned  Royalty  for such  Royalty  Period,  pay
         Licensor the  difference  between the total earned Royalty for the year
         and the Guaranteed  Minimum Royalty for such year no later than January
         31 of the following year.

         F. "Net Sales"  shall mean  Licensee's  gross sales (the gross  invoice
         amount billed customers),  less discounts and allowances actually shown
         on the invoice  (except cash  discounts  that are not deductible in the
         calculation of Royalty).

         G. A Royalty  obligation  shall  accrue upon the  Licensee's  Net Sales
         regardless  of the time of  disbursement  by  Licensor of the Net Sales
         less the Royalty.

         H. If Licensee  sells any Products and  Services to any  affiliated  or
         related  party at a price less than the regular  price charged to other
         parties, the Royalty shall be computed at the regular price.

         I. Upon  expiration  or  termination  of this  Agreement,  all  Royalty
         obligations,   including  the  Guaranteed  Minimum  Royalty,  shall  be
         accelerated and shall immediately become due and payable.


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         J. Late payment of the Guaranteed Minimum Royalty, if applicable, shall
         incur interest at the rate of one and one-half Percent (1.5%) per month
         from the date such payments were originally due.

     4.  RECORD INSPECTION AND AUDIT

         A. Licensee shall have the right,  upon reasonable  notice,  to inspect
         Licensor's  books and records and all other  documents  and material in
         Licensor's  possession or control with respect to the subject matter of
         this  Agreement.  Licensee  shall have free and full access thereto for
         such purposes and may make copies thereof.

         B. In the  event  that  such  inspection  reveals  an  underpayment  by
         Licensor  of the Net Sales less the Royalty to the  Licensee,  Licensor
         shall pay the difference,  plus interest  calculated at the rate of one
         and  one-half  Percent  (1.5%) per month.  If such  underpayment  be in
         excess  of Five  Thousand  U.S.  Dollars  ($5,000.00)  for any  Royalty
         Period,  Licensor  shall also  reimburse  Licensee for the cost of such
         inspection.

         C. All books and records  relative to  Licensor's  disbursement  to the
         Licensee  of  the  Net  Sales  less  the  Royalty  hereunder  shall  be
         maintained and made accessible to Licensee for inspection at a location
         in the United  States for at least 5 years  after  termination  of this
         Agreement.

     5.  LICENSOR'S OBLIGATIONS/CONFIDENTIALITY

         A.  Beginning  upon the effective date of this Agreement as provided in
         Schedule A,  Licensor  shall meet with and provide  Licensee  with such
         Technology  relating to the  installation  and  operation  of hardware,
         software,    machinery,    equipment,    materials,    object    codes,
         specifications, designs, manufacturing and procedures, methods, layout,
         and the like that  Licensor  believes  Licensee may require in order to
         sell products and services using the technology.

         B. Licensee  recognizes  that such  Technology is the  proprietary  and
         confidential  property of Licensor.  Accordingly,  Licensee  shall not,
         without the prior express written consent of Licensor,  during the term
         of this Agreement and for two (2) years thereafter,  disclose or reveal
         to any third party or utilize for its own benefit  other than  pursuant
         to this Agreement, any such Technology provided by Licensor concerning,
         provided that such  information was not previously known to Licensee or
         to the general public.  Licensee  further agrees to take all reasonable
         precautions to preserve the  confidentiality  of Licensor's  Technology
         and shall assume responsibility that its employees,  sublicensees,  and
         assignees  will  similarly  preserve  this  information  against  third
         parties.  The  provisions of this clause shall survive  termination  of
         this Agreement.

         C. Licensor shall also provide Licensee, at its place of business, such
         technical  and other  qualified  experts for  developing  the  services
         provided  through  the  technology  and for  assisting  Licensee on any
         problems or matters that require on-the-spot assistance. In such event,

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         Licensee shall pay all travel and  out-of-pocket  expenses  incurred by
         any such Licensor  personnel,  it being understood that the salaries of
         the experts shall be the responsibility of Licensor.

         D. At the request of  Licensee,  Licensor  shall train at least two (2)
         employees of Licensee at Licensor's facility.  Expenses and salaries of
         Licensee  personnel  sent to Licensor by Licensee for training shall be
         borne  by  Licensee.   Licensee  may  also  elect  to  pay  Licensor  a
         to-be-agreed-upon  administrative  fee for Licensor to provide services
         that employees of Licensee otherwise would be required to perform given
         the services and products provided by Licensee.

         E. Licensor  represents and warrants that it has the right and power to
         grant  the  licenses  granted  herein  and  that  there  are  no  other
         agreements with any other party in conflict with such grant.

         F.  Licensor  further  represents  and  warrants  that it has no actual
         knowledge that the  Technology  infringes any valid rights of any third
         party.

     6.  IMPROVEMENTS

         During the term of this  Agreement,  each party shall  advise the other
         party of any  technical  improvements  and  inventions  relating to the
         Technology  and  the  Licensed  Products.  All  such  improvements  and
         inventions  shall become the property of Licensor,  and Licensee agrees
         to execute  any and all  documents  requested  by  Licensor in order to
         perfect Licensor's right in same.

     7.  EQUIPMENT

         A. Where applicable, at the request of Licensee,  Licensor shall supply
         and cause to be supplied to Licensee such necessary equipment and other
         materials  as is  available  to  Licensor.  Prices  of  the  machinery,
         equipment,  and other  materials from and through  Licensor shall be on
         most favored terms with those established by or through Licensor.

         B. Where applicable, Licensor will lease the said equipment to Licensee
         for a  to-be-agreed-upon  period  and  fee.  Upon  termination  of this
         Agreement,   Licensee  shall  return  said  equipment  to  Licensor  at
         Licensor's expense.

     8.  TECHNICAL INFORMATION

         Licensor  represents  that the  technical  information  and  assistance
         relating  to the  Technology  conveyed  under this  Agreement  shall be
         provided with reasonable  care and will,  where  applicable,  be of the
         same types as currently practiced by Licensor.

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     9.  LICENSEE'S OBLIGATIONS

         A. Licensee represents that it has the financial resources and business
         operations  that will  enable it to market  and sell the  products  and
         services   provided  by  the   technology   and  otherwise   reasonably
         commercialize  the  Licensed  Products  and  Services   throughout  the
         Territory, and that it shall, during the term of this Agreement and any
         renewal  thereof,  use its best efforts to promote the distribution and
         sale of such Licensed Products and Services in the Territory.

         B.  Licensee  shall fully  comply with the  marking  provisions  of the
         intellectual  property laws of the applicable countries in the Licensed
         Territory.

     10.  PERMITS

         A. In the event that the Technology is to be used in foreign  countries
         by  Licensee  or its  sublicensees,  this  Agreement  is subject to the
         obtaining  of all  necessary  permits  required  by the  laws  of  that
         particular  country.  Licensee  shall  take  all  steps  necessary  for
         obtaining from the appropriate governmental authority all approvals and
         permits necessary to carry out the terms of this Agreement.

         B. Licensor  shall  cooperate  with Licensee  relative to supplying any
         information  and material  necessary  for the approvals and consents of
         the appropriate governmental authority.

     11.  TERMINATION

         The  following  termination  rights are in addition to the  termination
         rights which may be provided elsewhere in the Agreement:

         A.  IMMEDIATE  RIGHT OF  TERMINATION.  Licensor shall have the right to
         immediately  terminate  this  Agreement  by  giving  written  notice to
         Licensee in the event that Licensee does any of the following:

                  1.       Files a petition in  bankruptcy  or is  adjudicated a
                           bankrupt or insolvent, or makes an assignment for the
                           benefit of  creditors or an  arrangement  pursuant to
                           any bankruptcy  law, or if Licensee  discontinues  or
                           dissolves  its business or if a receiver is appointed
                           for  Licensee  or for  Licensee's  business  and such
                           receiver is not discharged within 30 days;
                  2.       Fails to commence  the sale of Licensed  Products and
                           Services   within   eighteen  (18)  months  from  the
                           Effective Date of this Agreement;
                  3.       Upon the  commencement  of sale of Licensed  Products
                           and Services,  fails to sell any Licensed Product and
                           Service for two (2) consecutive Royalty Periods; or
                  4.       Undergoes a change in  ownership  or control  whereby
                           the  current  largest  shareholder  of  the  Licensee
                           ceases to be the largest shareholder of the Licensee.

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         B. RIGHT TO TERMINATE  UPON NOTICE.  Either  party may  terminate  this
         Agreement on thirty (30) days written  notice to the other party in the
         event of a breach  of any  provision  of this  Agreement  by the  other
         party,  provided that, during the thirty (30) day period, the breaching
         party fails to cure such breach.

         C.  LICENSEE  RIGHT TO  TERMINATE.  Licensee  shall  have the  right to
         terminate  this  Agreement  at any time upon three (3)  months  written
         notice to Licensor for any reason.

     12.  POST TERMINATION RIGHTS

         A. Upon the  expiration or termination  of this  Agreement,  all rights
         granted to Licensee under this Agreement shall forthwith  terminate and
         immediately  revert to Licensor and Licensee shall  discontinue all use
         of the Technology and the like.

         B. Upon the expiration or termination of this  Agreement,  Licensor may
         require that Licensee  transmit to Licensor,  at no cost,  all material
         relating to the Technology,  provided,  however, that Licensee shall be
         permitted  to  retain  a full  copy  of  all  material  subject  to the
         confidentiality provisions of this agreement.

     13.  INDEMNITY

         A. Licensee  agrees to defend,  indemnify,  and hold Licensor,  and its
         officers, directors, agents, and employees, harmless against all costs,
         expenses,  and losses  (including  reasonable  attorney fees and costs)
         incurred  through claims of third parties against Licensor based on the
         sale of the Licensed Products and Services  including,  but not limited
         to, actions founded on product liability.

         B. Licensor  agrees to defend,  indemnify,  and hold Licensee,  and its
         officers, directors, agents, and employees, harmless against all costs,
         expenses  and losses  (including  reasonable  attorney  fees and costs)
         incurred  through claims of third parties  against  Licensee based on a
         breach by  Licensor  of any  representation  or  warranty  made in this
         Agreement.

     14.  NOTICES

         A. Any notice  required to be given pursuant to this Agreement shall be
         in writing and mailed by certified or registered  mail,  return receipt
         requested, or delivered by a national overnight express service.

         B. Either party may change the address to which notice or payment is to
         be sent by written notice to the other party pursuant to the provisions
         of this paragraph.

     15.  JURISDICTION AND DISPUTES

         A. This Agreement shall be governed by the laws of Colorado.

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         B. All disputes hereunder shall be resolved in the applicable  Colorado
         or federal courts of Colorado.  The parties consent to the jurisdiction
         of such courts,  agree to accept  service of process by mail, and waive
         any jurisdictional or venue defenses otherwise available.

     16.   AGREEMENT BINDING ON SUCCESSORS

         This  Agreement  shall be binding on and shall  inure to the benefit of
         the parties hereto, and their heirs,  administrators,  successors,  and
         assigns.

     17.  WAIVER

         No waiver by either party of any default shall be deemed as a waiver of
         any prior or subsequent default of the same or other provisions of this
         Agreement.

     18.  SEVERABILITY

         If any provision  hereof is held invalid or unenforceable by a court of
         competent  jurisdiction,  such invalidity shall not affect the validity
         or operation of any other provision and such invalid provision shall be
         deemed to be severed from the Agreement.

     19.  ASSIGNABILITY

         The license  granted  hereunder  is personal to Licensee and may not be
         assigned  by any act of  Licensee  or by  operation  of law  unless  in
         connection with a transfer of substantially  all the assets of Licensee
         and approved in writing by Licensor.

     20.  INTEGRATION

         This Agreement constitutes the entire understanding of the parties, and
         revokes and supersedes all prior agreements  between the parties and is
         intended  as a final  expression  of their  Agreement.  It shall not be
         modified or amended  except in writing signed by the parties hereto and
         specifically  referring to this  Agreement.  This Agreement  shall take
         precedence over any other documents that may be in conflict therewith.

IN WITNESS  WHEREOF,  the parties hereto,  intending to be legally bound hereby,
have each  caused to be  affixed  hereto  its or  his/her  hand and seal the day
indicated.


NICHE PROPERTIES, INC.                      FAIRWAY PROPERTIES, INC.

By: ___________________________             By:____________________________

Title: _________________________            Title:__________________________

Date:__________________________             Date:__________________________


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                                   SCHEDULE A
                                       TO
                          TECHNOLOGY LICENSE AGREEMENT
                                     BETWEEN
                             NICHE PROPERTIES, INC.
                                       AND
                            FAIRWAY PROPERTIES, INC.

                                      DATED
                                OCTOBER 26TH 2007

1.  LICENSED PRODUCTS AND SERVICES

The Licensed Products and Services are as follows:

         (a)      Domain  Names:   FairwayProperties.com,   FairwayProperty.com,
                  Fairway-Properties.com, and Fairway-Property.com

         (b)      FairwayProperties.com    Website:    Includes   initial   site
                  production,  general  site  maintenance,  and use of the NICHE
                  properties web application and database.

2.  LICENSED TERRITORY

The  licensed  territory  consists  of  all  countries,   recognized,  partially
recognized, or unrecognized, on the planet Earth.

3.  THE TERM

Ten (10)  years  from the  effective  date  thereof,  and  thereafter,  shall be
automatically  renewable for successive 1 year periods,  unless 60 days prior to
the  termination any party hereto gives written notice to the other party of its
election not to renew this  Agreement for an additional 1 year period,  in which
event  this  Agreement  shall  terminate  at the end of the period in which such
notice was given.

4.  ROYALTY RATE

The  Royalty  Rate  is as  follows:  25  percent  (25%)  of all  membership  and
advertising revenues. The Guaranteed Minimum Royalty per calendar year is 10,000
USD.

5.  ADVANCE

No advance shall be paid.

6.  PRODUCT LIABILITY INSURANCE

No product  liability  insurance is to be provided at this time. The parties may
renegotiate  this  provision at a future date. All amendments for this provision
must be put in writing and signed by both parties.