
What the registrar says
Two seats that build together make a third thing neither would have built alone. At the split each seat carries out what it brought, and the third thing goes to the name on the register, not to whoever made it.

Two seats that build together make a third thing neither would have built alone. At the split each seat carries out what it brought, and the third thing goes to the name on the register, not to whoever made it.

A share of the revenue is a right to be paid. It is not a seat at the table. Treating the two as the same thing is how a person with a stated share ends up surprised that nobody asked
The terms are written where they belong. Each field holds three desks, and every entry a desk writes raises the terms it uses, each term given a meaning, a mechanism and the places it appears. The record on these pages stays first person and hand made; the fields grow the nomenclature.