Cut bread into 3/4-inch cubes. Bake in 350-degree F oven about 10 minutes or until lightly toasted.

Beat eggs in large bowl. Add sugar, nutmeg, milk, half-and-half and vanilla; mix well. Add toasted bread cubes and grapes; mix well.

Spoon bread mixture into lightly buttered two-quart baking dish; sprinkle almonds and drizzle butter over top. Bake at 350 degrees F for 35 minutes or until top is golden and knife blade inserted near center comes out clean.