Nikosandros
Golden Procrastinator
A short rest lasts 5 minutes. There aren't two separate conditions for ending encounter-long powers. It's always after 5 minutes.
A conditional duration of "until the end of the encounter" is defined on PHB p278: "The effect ends when you take a rest (short or extended) or after 5 minutes".
So if the stance lasts "until the end of the encounter", then immediately after the last round of combat, neither of those conditions have been fulfilled - he has not taken a rest (short or extended), nor have five minutes passed. The conditional duration lasts until one of those specified events occurs.
A conditional duration of "until the end of the encounter" is defined on PHB p278: "The effect ends when you take a rest (short or extended) or after 5 minutes".
So if the stance lasts "until the end of the encounter", then immediately after the last round of combat, neither of those conditions have been fulfilled - he has not taken a rest (short or extended), nor have five minutes passed. The conditional duration lasts until one of those specified events occurs.
Or, in other words, the end of the encounter is not a condition that ends an effect that lasts until the end of the encounter.
-Hyp.