1 (12 oz.) pkg. butterscotch flavored morsels
1/3 c. butter
2 c. graham cracker crumbs
1 c. chopped nuts
1 (8 oz.) pkg. cream cheese, softened
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 onto bottom of greased 9x13 inch baking pan.

In large mixer bowl, beat cheese until fluffy; beat in Eagle Brand, vanilla and egg. Mix well. Pour into prepared pan; top with remaining crumb mixture. Bake 25-30 minutes or until toothpick inserted near center comes out clean. Cool to room temperature. Chill before cutting into bars. Refrigerate leftovers.