1 (12 oz.) pkg. butterscotch morsels
1/3 c. butter
2 c. graham cracker crumbs
1 c. chopped nuts
1 (8 oz.) pkg. softened cream ceese
1 (14 oz.) can Eagle brand sweetened condensed milk
1 tsp. vanilla extract
1 egg

Preheat oven to 350 degrees (325 degrees for glass dish). In medium saucepan, melt morsels and butter; stir in crumbs and nuts. Press half the mixture firmly into bottom of greased 13x9 baking pan. In large mixer bowl, beat cream cheese until fluffy. Beat in condensed milk, vanilla and egg. Mix well. Pour into prepared pan and top with remaining crumb mixture.

Bake 25 to 30 minutes or until toothpick inserted near center comes out clean. Cool to room temperature and then chill before cutting into bars. Refrigerate leftovers.