"""Create error_monitor
Generated by Phi-Octopus Eden
2025-11-06 03:55:50.505080
"""

```python
from typing import Any, Optional


class ErrorMonitor:
    """
    A class to monitor and handle exceptions in a limited recovery mode.

    Attributes:
        max_retries (int): Maximum number of times an operation can be retried.
        current_retry_count (int): Current retry count for the operation.
        last_error (Optional[Exception]): The last error encountered during operations.
    
    Methods:
        __init__(self, max_retries: int) -> None:
            Initializes a new instance of ErrorMonitor with specified maximum retries.

        monitor_and_retry(self, func: callable, *args, **kwargs) -> Any:
            Decorates and monitors the function for exceptions. Retries the operation if it fails.
    """

    def __init__(self, max_retries: int = 3):
        self.max_retries = max_retries
        self.current_retry_count = 0
        self.last_error = None

    def monitor_and_retry(self, func: callable, *args, **kwargs) -> Any:
        """
        Decorates the given function to be monitored and retried if it fails.

        Args:
            func (callable): The function to decorate.
            *args: Additional positional arguments for the function.
            **kwargs: Additional keyword arguments for the function.

        Returns:
            Any: Result of the successful execution or None on failure after retries are exhausted.
        """
        self.current_retry_count += 1
        if self.current_retry_count > self.max_retries:
            print(f"Maximum retries ({self.max_retries}) exceeded.")
            return None

        try:
            result = func(*args, **kwargs)
            self.last_error = None
            return result
        except Exception as e:
            self.last_error = e
            if self.current_retry_count < self.max_retries:
                print(f"Retrying due to error: {e}")
                return self.monitor_and_retry(func, *args, **kwargs)

        self.current_retry_count -= 1
        return None


# Example usage
def example_function():
    import random
    if random.randint(0, 1):
        raise ValueError("Simulated failure")
    return "Success!"

error_monitor = ErrorMonitor(max_retries=3)
result = error_monitor.monitor_and_retry(example_function)

if result is not None:
    print(f"Operation successful: {result}")
else:
    print("Operation failed after retries.")
```

This example defines a `ErrorMonitor` class that can be used to wrap functions in order to attempt limited recovery from exceptions. The provided example function simulates failure and success with equal probability, demonstrating the error handling and retry mechanism.