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/etc/init/factory-wipe.conf is in ubuntu-touch-session 0.108+16.04.20160407-0ubuntu1.

This file is owned by root:root, with mode 0o644.

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description "Factory Wipe Watcher"
author "Ricardo Mendoza <ricmm@ubuntu.com>"

start on started lightdm and file FILE=/userdata/.factory_wipe

task

script
    # Factory requirement to shutdown the phone if it's booting
    # after the production factory reset happened (see recovery)
    if [ -e /userdata/.factory_wipe ]; then
        sleep 45
        rm /userdata/.factory_wipe
        echo u > /proc/sysrq-trigger
        sleep 1
        poweroff -fp
    fi
end script