I have a question regarding transferring from Exempt H1b to Regular H1b. Here is the scenario.
I currently work for University A (a state university) in the United States on an H1b that is quota exempt. I would like to work with Company B (Regular commercial company in US) and this company has already petitioned and received an approval for an H1b (falling under FY 2007 quota) with a start date of October 1, 2007.
My questions are these....
1) Is there a time limit to join Company B?
2) I would like to work with University A until March 2008(on my existing H1b) and then switch to Company B at that time. Must Company B do anything additional (like change the start date on the H1b) or can i simply start working with them in March 2008 with no further formalities/procedures?
3) Can i travel overseas (in say December07-January08) ? (I will still be employed by University A until i decide to change)
I would really really appreciate it if someone could shed some light on this issue.
Thanks a lot !!