All keys that will start the car have transponders in them. There are several combinations available.
Generic transponder only, cut as a master, programmed as a master. With this key, additional keys can be programmed.
Generic transponder only, cut as a valet, programmed as a valet (sub-key). With this key, additional keys cannot be programmed.
OEM Lexus transponder only, cut as a master, programmed as a master. With this key, additional keys can be programmed. (black head)
OEM Lexus transponder only, cut as a valet, programmed as a valet (sub-key). With this key, additional keys cannot be programmed. (grey head)
OEM Lexus transponder and remote, cut as a master, programmed as a master. With this key, additional keys can be programmed.
Note it is also possible to program an OEM Lexus transponder only or generic transponder only, cut as a valet, as a master. With it, additional keys can be programmed.