H1 transfer , I-94 Expired, Is 240 day rule applicable


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Current Employer A's , H1B visa and I-94 are both expiring on Sep 8 2019  , 
I have got an offer from Company B where they applied my H1 transfer on Jul 5th  ,
I am planning to join them on receipt , 
a. Is it legal to work to with employer B without a valid i-94 after Sep 8 2019,  under 240 day rule of H1 extension. ?  Or is 240 day rule only for same employer based extensions ? 
b. If my transfer gets denied on lets say Nov-2019 ,  how much of unauthorized stay I accrue,  is it from date of denial or i-94 expired date  
d. I read that I need to leave US immediately after I get my denial notice , Yes/No ? 

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