H1B Transfer?

[cartheek]

I am on H-1 valid till Sep-2011 and planning to do an H-1 transfer with latest 3 payslips. If anything happens to the H-1 transfer, is my old H-1 still valid, and can I still work on the old H-1?

Could anyone please suggest?

[sk4ih]

Yes, until old H1 is canceled by employer.