Typing this blog post for my reference and to anyone out there who needs it.

Log in via ssh to key in the following commands. There is no option to reset on the GUI (as of 7.6.1)

 

NX02 > en

NX02 #

NX02 # conf t

NX02 (config) # reset factory ?

<cr>

halt                 Halt system after reset, instead of rebooting

keep-all-config      Preserve all configuration files (supercedes keep-basic)

keep-basic           Preserve licenses in the active configuration

keep-connect         Preserve configuration files necessary for connectivity

                     (interfaces, routes, and ARP)

only-config          Reset only configuration

 

You may input multiple options such as this:

IDANX02 (config) # reset factory keep-basic keep-connect