-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 CI/w4cZPDGKHeIEBxhsuq2GzC3vFJMbzW3hcvCFNE1gwAUDxE54zZEF5SulhBAax
 hL72EOhjeOn2XSNA+Bf9AA==

<SEC-DOCUMENT>0000950142-04-001025.txt : 20040402
<SEC-HEADER>0000950142-04-001025.hdr.sgml : 20040402
<ACCEPTANCE-DATETIME>20040402162335
ACCESSION NUMBER:		0000950142-04-001025
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040331
FILED AS OF DATE:		20040402

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EGAIN COMMUNICATIONS CORP
		CENTRAL INDEX KEY:			0001066194
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		IRS NUMBER:				770466366
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		455 W MAUDE AVE
		CITY:			SUNNYVALE
		STATE:			CA
		ZIP:			94086
		BUSINESS PHONE:		4082123400

	MAIL ADDRESS:	
		STREET 1:		455 W MAUDE AVE
		CITY:			SUNNYVALE
		STATE:			CA
		ZIP:			94086

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			OHCP MGP LLC
		CENTRAL INDEX KEY:			0001145641
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-30260
		FILM NUMBER:		04714301

	BUSINESS ADDRESS:	
		STREET 1:		201 MAIN STREET
		STREET 2:		SUITE 2415
		CITY:			FORT WORTH
		STATE:			TX
		ZIP:			76102
		BUSINESS PHONE:		817-338-2605

	MAIL ADDRESS:	
		STREET 1:		201 MAIN STREET
		STREET 2:		SUITE 2415
		CITY:			FORT WORTH
		STATE:			TX
		ZIP:			76102

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			OAK HILL CAPITAL MANAGEMENT PARTNERS LP
		CENTRAL INDEX KEY:			0001145642
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-30260
		FILM NUMBER:		04714303

	BUSINESS ADDRESS:	
		STREET 1:		201 MAIN STREET
		STREET 2:		SUITE 2415
		CITY:			FORT WORTH
		STATE:			TX
		ZIP:			76102
		BUSINESS PHONE:		817-338-2605

	MAIL ADDRESS:	
		STREET 1:		201 MAIN STREET
		STREET 2:		SUITE 2415
		CITY:			FORT WORTH
		STATE:			TX
		ZIP:			76102

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			OHCP GENPAR LP
		CENTRAL INDEX KEY:			0001145640
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-30260
		FILM NUMBER:		04714304

	BUSINESS ADDRESS:	
		STREET 1:		201 MAIN STREET
		STREET 2:		SUITE 2415
		CITY:			FORT WORTH
		STATE:			TX
		ZIP:			76102
		BUSINESS PHONE:		817-338-2605

	MAIL ADDRESS:	
		STREET 1:		201 MAIN STREET
		STREET 2:		SUITE 2415
		CITY:			FORT WORTH
		STATE:			TX
		ZIP:			76102
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4_ohcmp-egainex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-03-31</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001066194</issuerCik>
        <issuerName>EGAIN COMMUNICATIONS CORP</issuerName>
        <issuerTradingSymbol>EGAN</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001145642</rptOwnerCik>
            <rptOwnerName>OAK HILL CAPITAL MANAGEMENT PARTNERS LP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>201 MAIN STREET</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 2415</rptOwnerStreet2>
            <rptOwnerCity>FORT WORTH</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>76102</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>See Remark (1) below</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001145640</rptOwnerCik>
            <rptOwnerName>OHCP GENPAR LP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>201 MAIN STREET</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 2415</rptOwnerStreet2>
            <rptOwnerCity>FORT WORTH</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>76102</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>See Remark (1) below</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001145641</rptOwnerCik>
            <rptOwnerName>OHCP MGP LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>201 MAIN STREET</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 2415</rptOwnerStreet2>
            <rptOwnerCity>FORT WORTH</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>76102</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>See Remark (1) below</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>6.75% Series A Cumulative Convertible Preferred Stock</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>56.875</value>
                <footnoteId id="F1"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2000-08-22</value>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F7"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>18199</value>
                    <footnoteId id="F2"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>8.125</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Common Stock Warrants (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>56.875</value>
                <footnoteId id="F3"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2000-08-22</value>
            </exerciseDate>
            <expirationDate>
                <value>2005-08-22</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>3513</value>
                    <footnoteId id="F4"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3513</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeTransaction>
            <securityTitle>
                <value>Common Stock Warrants (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>2.00</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2004-03-31</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F5"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>3455</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F5"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2005-01-31</value>
                <footnoteId id="F6"/>
            </exerciseDate>
            <expirationDate>
                <value>2007-03-31</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>3455</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3455</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The exercise price has been adjusted to reflect that on August 20, 2003, the Company effected a reverse stock split of its common stock at a ratio of 1-for-10 (the &quot;reverse stock split&quot;). As a result of the reverse stock split, each outstanding share of common stock automatically converted into one-tenth of a share of common stock, with the par value of each share of common stock remaining at one-tenth of a cent ($.001) per share. Prior to the reverse stock split, the exercise price was $5.6875.


The 6.75% Series A Cumulative Convertible Preferred Stock, par value $0.001 per share (&quot;Series A Preferred Stock&quot;) is convertible into shares of the Company's common stock on the basis of its stated value divided by its conversion price.</footnote>
        <footnote id="F2">The amount of securities underlying the Series A Preferred Stock reported herein reflects interest accrued on the stated value of the Series A Preferred Stock through March 31, 2004, and assumes a conversion price of $56.875.</footnote>
        <footnote id="F3">The exercise price of these warrants has been adjusted to reflect the reverse stock split. Prior to the reverse stock split, the exercise price was $5.685. On August 8, 2001, the exercise price of the warrants was reset to $5.685 from $9.2517 in accordance with the common stock purchase warrant.</footnote>
        <footnote id="F4">As a result of the reverse stock split, the number of warrants has been adjusted from 35,129 to 3,513. These warrants are exercisable as of August 22, 2000, with an expiration date of August 22, 2005.</footnote>
        <footnote id="F5">These warrants were issued pursuant to a Note and Warrant Purchase Agreement by and among the Company, Oak Hill Capital Management Partners, L.P., and other parties signatory thereto, dated as of March 31, 2004 (the &quot;Note and Warrant Purchase Agreement&quot;), and in consideration for the related issuance by the Company to Oak Hill Capital Management Partners, L.P. of a Subordinated Secured Promissory Note dated as of March 31, 2004 in the principal amount of $48,704.07 (the &quot;Subordinated Secured Pro
missory Note&quot;).</footnote>
        <footnote id="F6">Fifty percent of these warrants shall become exercisable on January 31, 2005 and 50% of the warrants shall become exercisable on March 31, 2005.</footnote>
        <footnote id="F7">Not applicable.</footnote>
    </footnotes>

    <remarks>OAK HILL CAPITAL MANAGEMENT PARTNERS, L.P.
By:  OHCP GenPar, L.P., general partner
By:  OHCP MGP, LLC, general partner

OHCP GENPAR , L.P.
By: OHCP MGP, LLC

OHCP MGP, LLC

(1) The Reporting Persons may be deemed to be a member of a Section 13(d) &quot;group&quot; that owns more than 10% of the outstanding common stock of eGain Communications Corporation (the &quot;Company&quot;). However, the Reporting Persons disclaim such group membership and this report shall not be deemed an admission that any Reporting Person is a member of a Section 13(d) group that owns more than 10% of the Issuer's outstanding common stock for purposes of Section 16 or for any other purpose.
(2) OHCP MGP, LLC (&quot;OHCP MGP&quot;) is the general partner of OHCP GenPar, L.P. (&quot;OHCP GenPar&quot;), which is the general partner of Oak Hill Capital Management Partners, L.P. (&quot;Oak Hill&quot;), which is the direct beneficial owner of the securities reported herein.  Pursuant to Rule 16a-1(a)(2)(ii)(B) under the Act, each of OHCP MGP and OHCP GenPar may be deemed to be the beneficial owner of the securities beneficially owned by Oak Hill only to the extent of the greater of its respective direct
or indirect interest in the profits or capital account of Oak Hill. Pursuant to Rule 16a-1(a)(4) under the Act, this filing shall not be deemed an admission that OHCP MGP or OHCP GenPar is, for purposes of Section 16 of the Act or otherwise, the beneficial owner of any securities owned by Oak Hill in excess of such amount.</remarks>

    <ownerSignature>
        <signatureName>/s/ Kevin G. Levy, Vice President</signatureName>
        <signatureDate>2004-04-02</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Kevin G. Levy, Vice President (2)</signatureName>
        <signatureDate>2004-04-02</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Kevin G. Levy, Vice President (2)</signatureName>
        <signatureDate>2004-04-02</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
