Exhibit 10.13


 


FORM OF AMENDMENT TO EMPLOYMENT 


AGREEMENT/CHANGE IN CONTROL AGREEMENT


 


This Amendment (“Amendment”)
is made as of August                   , 2016, by and
among Allegheny Valley Bancorp, Inc. (“AVLY”), Allegheny Valley Bank (“AVB”), and                                                           
(“Executive”).


 


WITNESSETH:


 


WHEREAS, Executive is now serving as                                                                          
of AVB; and


 


WHEREAS, AVLY, AVB, and Executive are parties
to that certain [Employment Agreement/Change in Control Agreement] dated as of                                                
(the “Executive Agreement”) pursuant to which, among other things, Executive would be entitled to benefits upon a “Change
in Control” and defined therein; and


 


WHEREAS, AVLY and Standard Financial Corp.
(“SFC”) are parties to that certain Agreement and Plan of Merger dated as of August 29, 2016 (the “Merger Agreement”)
pursuant to which the AVLY will merge with and into SFC with SFC as the surviving corporation (the “Merger”) and upon
the completion of the Merger, AVB will merge with and into Standard Bank with Standard Bank surviving.


 


WHEREAS, the Merger will constitute a “Change
in Control” of AVLY and AVB under the Executive Agreement;


 


WHEREAS, upon consummation of the Merger, Executive is to
be employed in the position of                                      
and shall hold the title of                                       of
Standard Bank;


 


WHEREAS, as consideration for entering into
this Amendment, after the Change of Control, Executive shall receive a base salary and perquisites no less advantageous than Executive
is receiving as of the date of this Amendment; and


 


WHEREAS, AVLY, AVB, and Executive desire
to enter into this Amendment in light of the pending Merger, which Amendment shall only become effective upon the consummation
of the Merger on the Effective Date at the Effective Time.


 


NOW THEREFORE, in consideration of the foregoing
and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, intending to be legally
bound hereby, Executive, AVLY, and AVB agree as follows:


 


1.          At
the Effective Time, Executive is to be employed in the position of                                                 
and shall hold the title of                                                 of
Standard Bank.


 


2.          As
consideration for entering into this Amendment, after the Change of Control, Executive shall receive a base salary and perquisites
no less advantageous than Executive is receiving as of the date of this Amendment.


 




    	 	 	 



     


    

  


3.          Executive
hereby agrees that the Merger shall not constitute a Change in Control for purposes of the Executive Agreement and Executive shall
not be entitled to any payment under the Executive Agreement. Notwithstanding the previous sentence, in the event that Executive
is terminated without Proper Cause (as defined in the Executive Agreement) within __ years of the Effective Date of the Merger,
the Executive shall be entitled to be paid a lump sum cash payment within thirty (30) days of the date of his termination of employment
equal to ___ times the Executive’s then current annual salary plus ____ times either (i) if the date of termination occurs
on or prior to September 30th, 100% of the bonus and incentive compensation paid to the Executive for the prior calendar
year or (ii) if the date of termination of employment occurs subsequent to September 30th, the projected annualized
bonus and incentive compensation to be paid to the Executive for the current calendar year.


 


4.          Effective
with the consummation of the Merger, the Executive Agreement is hereby amended so that all references therein to AVLY and AVB shall
be deemed references to SFC and Standard Bank, and SFC and Standard Bank as successor to AVLY and AVB respectively shall be responsible
for all of the obligations of AVLY and AVB.


 


5.          Except
as amended by this Amendment, the Executive Agreement shall continue in full force and effect and shall continue after consummation
of the Merger and after the Effective Time. This Amendment may be executed in one or more counterparts, each of which shall be
deemed to be an original but all of which shall constitute one and the same agreement. The Amendment shall constitute an Amendment
under the Executive Agreement.


 


6.          This
Amendment shall be governed by and construed in accordance with the laws of the Commonwealth of Pennsylvania.


 


7.          This
Amendment shall be binding upon and inure to the benefit of the parties hereto, their respective heirs, executors, administrators,
successors, and to the extent permitted, assigns.


 


8.          This
Amendment shall terminate upon a termination of the Merger Agreement in accordance with its terms.


 




    	 	 	 



     


    

  


In Witness Whereof,
the parties have executed this Amendment to the [Employment Agreement/Change in Control] as of the day and year first above written.


 


	ATTEST:	 	ALLEGHENY VALLEY BANCORP, INC.
	 	 	 	 
	 	 	By:	 
	 	 	 	Andrew W. Hasley, CEO and President
	 	 	 	 
	 	 	ALLEGHENY VALLEY BANK OF PITTSBURGH
	 	 	 	 
	 	 	By:	 
	 	 	 	Andrew W. Hasley, CEO and President
	 	 	 	 
	WITNESS:	 	EXECUTIVE
	 	 	 
	 	 	 


 




    	 	 	 



     


    

  


Assumption Agreement


 


Standard Financial Corporation (“SFC”)
and Standard Bank, intending to be legally bound, hereby consent, as of the day and year first above written, to the foregoing
amendment of the Executive Agreement referenced therein (the “Agreement”) and hereby agrees that, upon consummation
of the merger of Allegheny Valley Bancorp, Inc. with and into SFC at the Effective Time, with SFC as the surviving corporation,
SFC and Standard Bank shall become the successor to Allegheny Valley Bancorp, Inc. by operation of law and shall assume and thereafter
legally be responsible for and perform all of the obligations of Allegheny Valley Bancorp, Inc. and Allegheny Valley Bank of Pittsburgh
under the Executive Agreement as amended to the same extent as Allegheny Valley Bancorp, Inc. and Allegheny Valley Bank of Pittsburgh
would be required to perform it if no such succession had taken place.


 


	ATTEST:	 	STANDARD FINANCIAL CORPORATION
	 	 	 	 
	 	 	By:	 
	 	 	 	Timothy K. Zimmerman, CEO and President
	 	 	 	 
	 	 	STANDARD BANK
	 	 	 	 
	 	 	By:	 
	 	 	 	Timothy K. Zimmerman, CEO and President