RobH_en_tn/zec/06/13.md

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He will be a priest on his throne

Possible meanings are 1) the "Branch" will be both priest and king or 2) the "Branch" will be king, and another person will be a priest who will share the royal power. Alternate translation: "There will be a priest upon his throne"

he will bear a counsel of peace between the two

The words "the two" refer to the roles of king and priest. The meaning of this phrase depends upon the meaning of the previous phrase. Possible meanings are 1) the "Branch" will faithfully carry out his duties as both priest and king and not forsake one in order to fulfill the other or 2) the "Branch" who serves as king and the other person who serves as a priest will each carry out their duties faithfully and they will work together in peace.