Both parent's last names.
Gen 1: FirstName P1-LastName P2-LastName
Gen 2: FirstName P1-P1-LastName P1-P2-LastName P2-P1-LastName P2-P2-LastName
Gen 3: FirstName P1-P1-P1-LastName P1-P1-P2-LastName P1-P2-P1-LastName P1-P2-P2-LastName P2-P1-P1-LastName P2-P1-P2-LastName P2-P2-P1-LastName P2-P2-P2-LastName
and so on...Or in your example:
Gen X: FirstName P1-First-LastName P2-Second-LastName