Legal status after EAD expiry


Blueracer

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I have my EAD expiring on August 5,2013. I have applied for renewal on 06/26/13. I have 485 pending AOS. I also have H-1b visa expiring on 09/15/13 but my i-94 is expiring on 09/30/13. My employer is not going to renew H-1b since I have EAD.

My question is;

1. What is my legal status after 09/15/13 if I do not receive my EAD cards till then?

2. Can I be on leave of absence after 09/15/13 and wait for my EAD cards and then resume working once I receive the card if I am allowed to stay in the country ?

3. My company lawyer says that I can work till 09/30/13 on h-1 since my I-94 has an expiration of 09/30/13 even though my H-1b visa and I -797 has an expiry of 09/15/13. And by this time , my EAD card should arrive for sure according to him and I am in perfectly fine situation according to him. IS THIS TRUE?

I would appreciate expert opinion here. Thank you for the time to read this post.

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