In a small bowl, whisk two eggs with milk, vanilla extract, cinnamon, and nutmeg. Dip bread into egg mixture, turning to coat sides evenly. Spray a large non-stick pan or griddle with spray oil; cook bread slices over medium heat until browned on both sides. Meanwhile, place cherries in a small bowl; cover and microwave for 2 to 3 minutes until warmed. Coat a medium non-stick skillet with spray oil; place three silicone egg rings in pan, over low heat. Separate remaining egg whites and yolks; place whites in egg rings. Cover and cook until whites are set, about 2 minutes. Place one yolk in each ring; cover and cook about 2 minutes, until set. Top two slices of French toast with 1/2 cup cherries, 1 Tbsp. pecans, and 1 sunny-side up egg. Serves 3.