In large skillet, heat oil over medium heat and cook onion and sausage, stirring occasionally, 3 minutes or until onion is tender. Stir in water and Knorr® Fiesta Sides™ - Spanish Rice; bring to a boil. Reduce heat and simmer 8 minutes or until rice is almost tender.
Slowly stir eggs into rice mixture and cook covered over low heat, stirring occasionally, 8 minutes or until mixture is set. Top with cheese.