Work on architecture. A lot of refractoring. Updated to unity 5.

Game/Assets/Standard Assets/Environment/Water (Basic)/Scripts/WaterBasic.cs

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+using System;
+using UnityEngine;
+
+namespace UnityStandardAssets.Water
+{
+    [ExecuteInEditMode]
+    public class WaterBasic : MonoBehaviour
+    {
+        void Update()
+        {
+            Renderer r = GetComponent<Renderer>();
+            if (!r)
+            {
+                return;
+            }
+            Material mat = r.sharedMaterial;
+            if (!mat)
+            {
+                return;
+            }
+
+            Vector4 waveSpeed = mat.GetVector("WaveSpeed");
+            float waveScale = mat.GetFloat("_WaveScale");
+            float t = Time.time / 20.0f;
+
+            Vector4 offset4 = waveSpeed * (t * waveScale);
+            Vector4 offsetClamped = new Vector4(Mathf.Repeat(offset4.x, 1.0f), Mathf.Repeat(offset4.y, 1.0f),
+                Mathf.Repeat(offset4.z, 1.0f), Mathf.Repeat(offset4.w, 1.0f));
+            mat.SetVector("_WaveOffset", offsetClamped);
+        }
+    }
+}

Game/Assets/Standard Assets/Environment/Water (Basic)/Scripts/WaterBasic.cs.meta

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